Tag: hedge fund

Dubai’s transport regulator is in the early stages of exploring strategic options for its assets, including a possible initial public offering of its taxi business, two sources familiar with the …

Rihanna Lists Her Beverly Hills Home, the Ultra-Wealthy Are Planning to Spend Big in Dubai, and More Rihanna listed one of her Los Angeles-area homes on Tuesday for $10.5 million. The 35-year-old pop …

The UAE Ministry of Finance has issued new corporate tax decisions on intra-group transfers, determination of taxable income and restructuring relief UAE announces new corporate tax relief rules for …

The decision on Transfers within a Qualifying Group provides further details on how to claim Corporate Tax relief on transfer of assets and liabilities between members of a Qualifying Group.

The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing guidance for financial institutions when dealing with virtual assets, such as cryptocurrencies and …

The new General Interest Deduction Limitation Rule aims to regulate the amount of interest expenditure that can be deducted by businesses operating in the UAE UAE Ministry of Finance introduces new …

The new exemptions are part of the UAE’s efforts to facilitate business operations. UAE tax: New corporate tax exemptions revealed. Corporate tax, Dubai tax, UAE ministry of finance, UAE tax. News.

The ministry and the Federal Tax Authority (FTA) have issued a number of clarifications about the corporate tax ahead of its implementation on Thursday, June 1 …

Dubai’s real estate market recorded 630 sales transactions worth AED1.65 billion on Tuesday, in addition to 127 mortgage deals totalling AED244.89 million, and 23 gift deals amounting to AED104.71 …

The new exemptions are part of the UAE’s efforts to facilitate business operations, reducing compliance issues, and foster a strong corporate tax framework across all sectors UAE announces three new …

The decision further clarifies the conditions under which UAE resident entities that are 95 per cent or more commonly owned can form or join a tax group and be treated as a single entity The UAE …

In addition, the two central banks facilitated discussions between their respective innovation hubs on joint fintech development initiatives and knowledge sharing efforts …

The UAE Federal Tax Authority (FTA) has announced that it will be implementing Cabinet Decision No. (7) of 2023, which amends certain provisions of Cabinet Decision No. (65) of 2020 on Fees for …

DUBAI, May 30 (Reuters) – First Abu Dhabi Bank is expected to raise $500 million from an offering of five-year green bonds, a bank document showed on Tuesday. Guidance was tightened 20 basis points …

The Kingdom of Saudi Arabia is reportedly engaged in talks with the New Development Bank (NDB), or “BRICS bank”, news and media outlets reported Tuesday.Saudi Arabia would be the bank’s ninth member, …

Saudi Arabia’s United Electronics Company, owner of retailer eXtra, said on Tuesday it was evaluating strategic options for its consumer finance business, including a possible initial public offering.

“This is in line with our concerted efforts to bring innovative products to market to increase retail and institutional investor participation while increasing the depth and breadth of the market.” …