Emirati conglomerate Majid Al Futtaim Holding (MAF)chose long-time insider Ahmed Galal Ismail as chief executive, replacing Alain Bejjani after eight years in the role, in a shake up more than a year …
Mashreq acquires digital banking license to commence operations in Pakistan
With the beginning of digital banking operations, Mashreq will introduce bankers and engineers as well as its Neo banking capabilities to address the evolving customers’ needs i …
Seriously? The 3AC hedge fund bros are raising $25M for a new crypto exchange
After burning Three Arrows Capital investors, fugitives Kyle Davies and Su Zhu want money to start an exchange for crypto bankruptcy claims.
John Kerry backs UAE oil chief to oversee U.N. climate talks
U.S. climate envoy John Kerry backs the United Arab Emirates’ decision to appoint the CEO of a state-run oil company to preside over the upcoming U.N. climate negotiations in Dubai, citing his work on …
Ministry of Finance holds 2nd session of ‘Corporate Tax Public Awareness Programme’ in Dubai
The Ministry of Finance (MoF) held the second session of its Corporate Tax Public Awareness Programme today in Dubai with participation of leaders from the Ministry, the Federal Tax Authority (FTA), …
Dubai records over AED2.2 bn in realty transactions Monday
Dubai real estate market recorded 425 sales transactions worth AED1.23 billion, in addition to 114 mortgage deals of AED965.96 million, and 17 gift deals amounting to AED72.5 million on Monday, data …
DFSA releases 2023-2024 Business Plan to support Dubai’s growth as futuristic financial services hub
The Chairman of the Dubai Financial Services Authority (DFSA), Fadel Al Ali, today announced the publication of the DFSA’s Business Plan for 2023-24. The Business Plan has been developed to foster an …
Russians lead Dubai property investments in record $56bn year
Russians were the biggest international investors of property in Dubai last year Russians lead Dubai property investments in record $56bn year Dubai, Dubai real estate, Dubai real estate market, Dubai …
Corporate tax set to modernise UAE’s economic ecosystem
The corporate tax will play a pivotal role in modernising the UAE’s economic ecosystem, supporting the UAE’s strategic objectives, ensuring tax transparenc..
Dubai’s Mashreq Bank to begin digital banking in Pakistan
The new initiative is with aim to support the country’s digital landscape and financial inclusion Dubai’s Mashreq Bank to begin digital banking in Pakistan digital banking, financial institutions, …
DFSA releases business plan to support Dubai’s growth
Staff Reporter The Chairman of the Dubai Financial Services Authority (DFSA), Fadel Al Ali, on Monday announced the publication of the DFSA’s Business Plan for 2023- …
UAE’s Mashreq gets digital banking licence for Pakistan operations
The bank aims to support Pakistan’s digital landscape financial inclusion Dubai: Mashreq Bank has acquired a banking licence to commence operations in Pakistan, the lender said on Monday. The licence, …
UAE to invest $30 billion in South Korea
Provided by Firstpost UAE to invest $30 billion in South Korea . Seoul: The United Arab Emirates (UAE) will be investing $30 billion in South Korea’s industries. The investme …
Standard Chartered Bank: Adaptation Investment in the UAE would contribute more than AED 100 billion to GDP
AED 10 billion investment could return more than 12x by 2030 DUBAI, UAE, Jan. 16, 2023 /PRNewswire/ — Standard Chartered announced today the launch of its latest research report titled …
UAE pledges to invest US$30b in South Korea, says President Yoon’s office
The United Arab Emirates (UAE) has decided to invest US$30 billion (RM130 billion) in South Korea’s industries, South Korea’s presidential office …
Properties In Dubai: Investigate allegations against 459 Bangladeshis
The High Court yesterday directed the authorities concerned to conduct separate enquiries into the allegations against 459 Bangladeshis of purchasing properties in Dubai without disclosing information …
UAE pledges to invest $30 billion in South Korea, president’s office says
Seoul’s finance ministry said the $30 billion investment would be led by sovereign wealth funds, including Mubadala Investment Company …