The UAE economy is expected to grow by 4.7 per cent this year, the Central Bank of the UAE said. According to statistics released by the country’s apex bank, gross domestic product (GDP) expanded by 3 …
FAB emerges as Mena’s third-largest banking giant with $41.54b market cap
The UAE’s banking giant, First Abu Dhabi Bank (FAB), climbed to third place in market value in the Middle East and Africa region, edging past competitors with a modest 0.6 per cent rise in market cap …
Dubai FinTech Summit 2025
The Dubai FinTech Summit is a premier global gathering of financial leaders, investors, and innovators. Organised by Dubai International Financial Centre (DIFC), the summit explores the latest trends, …
Dubai offers Indian companies a low-tariff launchpad into emerging markets
Mohammad Ali Rashid Lootah added that with strong trade ties that go back to the age of the spice and silk routes, both the countries can collaborate to meet the growing demand in emerging markets …
Abu Dhabi Islamic Bank launches platform for Fractional Sukuk trading for retail investors
Abu Dhabi Islamic Bank (ADIB) today announced the official launch of its Fractional Sukuk platform, a new digital investment solution that enables customers to invest in fractional sukuk certificates …
Dubai’s meteoric rise as a new global hedge fund hub
Dubai is rapidly transforming into one of the world’s most dynamic hedge fund hubs, marking a significant shift in the global financial landscape. As of early 2025, the emirate …
CBUAE 2024 Annual Report highlights UAE’s leadership in strengthening financial sector
The Central Bank of the UAE (CBUAE) today released its 2024 Annual Report, embodying achievements and initiatives that have marked a transformative shift in its journey and strengthened its vital role …
GCC’s maturing IPO market— and what to expect next
Investor appetite in the Gulf is evolving, says Mohamed Ebeid, co-chief executive officer of EFG Hermes, an EFG Holding company, with a shift toward quality issuers, long-term capital, and …
Dubai’s ICD could tap IPO market to fund expansion
The Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, could potentially turn to the capital markets with a raft of listings over the next year or so, …
UAE’s outstanding bonds, Sukuk reach $309.4 billion by Q1 2025: Fitch
UAE’s outstanding bonds and Sukuk surged to $309.4 billion by Q1 2025, marking an 8.3 percent year-on-year increase, according to Fitch Ratings.Bashar Al Natoor, Managing Director and the Global Head …
The Ritz-Carlton Dubai appoints new director of sales and distribution
João Ferreira has been promoted to director of sales and distribution. The Ritz-Carlton Dubai appoints new director of sales and distribution. João Ferreira, the ritz-carlton dubai. Appointments.
UAE issues rule on non-residents’ nexus for corporate tax purposes
The new regulation clarifies when non-resident investors in QIFs and REITs are subject to corporate tax under the country’s tax law …
MoF announces the issuance of Cabinet Decision on Determining a Non-Resident Person’s Nexus in the UAE
UAE – The Ministry of Finance has announced the issuance of Cabinet Decision No. 35 of 2025 on the Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No …
Ministry of Finance announces issuance of Cabinet Decision on Determining Non-Resident Person’s Nexus in UAE for purposes of Corporate Tax Law
The Ministry of Finance has announced the issuance of Cabinet Decision No. 35 of 2025 on the Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No. 47 …
New UAE tax rule: When foreign investors, non-residents are liable for corporate tax
The Ministry of Finance has issued a decision, which explains when a foreign (non-resident) person or company is considered to have a tax link (nexus) in the UAE under the Corporate Tax Law.
UAE Introduces New Tax Measures
The UAE Ministry of Finance has introduced new tax laws granting corporate tax exemptions to Qualifying Investment Funds (QIFs) and certain limited …
UAE introduces new tax measures to boost investment
The UAE Ministry of Finance has announced new tax regulations aimed at encouraging investment. These measures focus on improving tax benefits for Qualifying Investment Funds (QIFs) and Qualifying …