Dubai will transfer shares it owns in Dubai Electricity and Water Authority, toll-road operator Salik and Dubai Taxi to a new investment fund that will aim to generate returns and bolster the …
Sheikh Mohammed forms Dubai Investment Fund to oversee government investments
Abdulrahman Saleh Al Saleh will serve as Vice Chairman of the Board, with Abdulaziz Mohammed Al Mulla, Rashid Ali Bin Obood, and Ahmad Ali Meftah as members.
Dubai’s ruler issues law to establish Dubai Investment Fund
Dubai’s government will transfer its ownership in shares of Dubai Electricity and Water Authority (DEWA), toll-road operator Salik and Dubai Taxi to a new investment fund, Dubai Media Office reported …
Accenture to drive Commercial Bank of Dubai’s technology transformation in Middle East
DUBAI, UAE – Accenture (NYSE: ACN) has signed a strategic agreement with the Commercial Bank of Dubai (CBD) to drive its technology transformation program and further enhance its market-leading …
Banking On Sustainability: Visa Reveals UAE Consumers Seek Banks’ Help In Understanding Environmental Impact Of Spending
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Ellington, DMCC launch upscale residential project in Dubai
The unveiling of Mercer House, the second signature development of Ellington Properties, marks another chapter in its acclaimed collaboration with DMCC …
Ellington Properties and DMCC collaborate again to take Uptown Dubai living experience to new heights with the launch of Mercer House
Mercer House represents Ellington Properties’ second residential development in Uptown Dubai, following the resounding success of UH by Ellington …
Allen & Overy Advises on Aster Acquisition and Dubai Taxi IPO
Baker McKenzie advised Aster DM Healthcare on the separation and the sale of its GCC healthcare business to Alpha GCC Holdings, which is owned by the promoter group of Aster India and funds managed by …
DMCC welcomes latest upscale residential project in Uptown Dubai – ‘Mercer House’ by Ellington Properties
Mercer House in Uptown Dubai is the second major development between DMCC and Ellington Properties in the past year, following the resounding success of UH by Ellington in JLT …
Bas Kooijman; COP28 and UAE’s SME Growth to Boost UAE GDP Beyond Expected Surge of 4% in 2024
COP28 is seeing an impressive 84,000 attendees and over AED 1 trillion pledged in green finance ● The UAE is working to increase SMEs in …
UAE: Economic Substance Regulations Deadline Is Approaching
To prevent base erosion and profit shifting, the UAE, being a member of the Organisation for Economic Cooperation and Development (OECD) inclusive f …
COP28 in Dubai: Nature, Land Use and Ocean Day sees over $186 million in commitments
During WCAS, the UN Climate Change High-Level Champion for COP28 announced that the UAE will contribute $100 million of new finance for nature-climate projects, with an initial $30 million investment …
EFG Hermes Advises On DTC’s Landmark $315M IPO On DFM
EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM), has announced the successful completion of its advisory rol …
UAE: Can banks deduct loan amounts from end-of-service gratuity?
Question: I have an outstanding loan in the UAE. Does the bank have the right to recover the amount from my end-of-service gratuity?..
Enforcement Directorate Cracks Down on UAE Bank Fraud: Businessman Accused of Rs 340 Crore Scam
Kochi: The Enforcement Directorate (ED) has taken decisive action by freezing bank accounts and seizing property documents belonging to Abdu..|News Track …
UAE to fund US$272.3b in sustainable finance by 2030 duringCOP 28
Funds will deploy net zero-emission solutions for a sustainable future. The United Arab Emirates, through the Central Bank of the United Arab Emirates (CBUAE), said it is committed to allocating about …
Probe agency searches premises linked to Kerala couple who defrauded UAE bank
The Enforcement Directorate (ED) has launched a probe into money laundering allegations against a couple in Kerala for allegedly defrauding a foreign bank in UAE’s Sharjah.