UAE BNPL market expanded with substantial growth in between 2017 and 2022 with massive expansion in the adoption of BNPL as the mode of payment due to rising industry valuation, trend of contactless …
Oman energy firm eyes $500m in IPO
Oman’s OQ SAOC could start an IPO boom in the country with $500m Abraj Energy Services sell-off Oman energy firm eyes $500m in IPO IPO …
Oman’s drilling services firm Abraj plans March listing on Muscat exchange
Oman’s oil and gas drilling services firm Abraj Energy Services plans to list up to 49% of its shares on the Muscat stock exchange in March through an initial public offering (IPO), a company …
Dubai: 497 arrested for financial crimes, Dh1.4 billion worth of goods confiscated
Dubai Police has made 497 arrests, recorded 447 economic crimes, and confiscated goods with an estimated value exceeding Dh1.4 …
UAE Corporate Tax: Ministry Explains 9 Key Aspects Of New Law
Tax professionals, business owners and a host of experts were recently invited to the second awareness session that the Ministry of Finance had h …
Inform Bank To Change Existing Account To NRO When Taking Up Employment Abroad
You need not open a fresh NRO account but only intimate your bank with documentary proof along with a request to designate your existing bank account as NRO. One has to deduct tax while buying …
REIT funds attractive mechanism to boost real estate market in UAE
Launching the real estate investment trust (REIT) funds are a good step, as these funds are considered an attractive mechanism to strengthen the real estate market in the UAE.
ADCB signs pledge to support UAE Net Zero by 2050 Strategic Initiative
UAE Climate-Responsible Companies Pledge signed with the Ministry of Climate Change and Environment
• Pledge aligns with ADC …
UAE Participates In 8Th Meeting Of Undersecretaries Of Arab Ministries Of Finance
ABU DHABI, 20th January, 2023 (WAM) — The UAE recently participated in the eighth meeting of the Undersecretaries of Arab Ministries of Finan …
Adnoc Adds HSBC, ADCB and EFG on Mega IPO of Gas Unit
Adnoc is seeking to create worlds largest integrated refinery and petrochemical complex at Ruwais. Photographer: Bloomberg/Bloomberg Abu Dhabi National Oil Co. has added banks including HSBC Holdings …
UAE ministers and government officials review the country’s achievements and promising opportunities at Davos
The UAE delegation, chaired by His Excellency Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs has participated in a number of sessions, conferences and bilateral meetings at the annual …
UAE, India in talks to settle non-oil trade in rupee
In Davos, the Emirates has signed several partnership agreements with the World Economic Forum to enhance cooperation in strategic sectors and areas of global …
UAE visit visas: 6 recent changes you need to know
Since then, several developments have happened in the visit visa system of the country. In the latest move today, the fees for issuing Emirates ID, visit, and residency visas in the UAE have been …
UAE in discussion with India to trade non-oil commodities in rupees
Majority of Gulf trade is carried out in US dollars. However, several countries including India and China have been increasingly seeking to pay in local currencies as it lowers transaction costs apart …
Companies Will Require Expert Guidance To Comply With New UAE Corporate Tax Laws
Companies Will Require Expert Guidance to Comply with New UAE Corporate Tax Laws . As businesses await further clarifying Cabinet resolutions, PRO Partn …
Nigeria’s biggest lender eyes operations in UAE, China, India by 2027
Access Holdings, Nigeria’s biggest lender by assets, plans to expand operations to the UAE, China, India, Lebanon and Malta by 2027, Premium Times newspaper reported. In its five-year strategy plan, …
ADSW 2023 Highlights Role Of Private Sector To Sustain UAE’s $43Bn Investment In Clean Energy
ADSW 2023 Highlights Role of Private Sector to Sustain UAE’s $43bn Investment in Clean Energy . Sustainable financing solutions help in funding transfor …