DUBAI – The Ministry of Finance, MoF, has announced the launch of a digital system for the collection of revenue and public funds. This is in line with the Ministry’s efforts to adopt digital …
( read original story …)
Want to go to a college or university in the UAE? Here is all you need to know
If you are looking to enrol at a university in the UAE, there are over 70 options available for UAE nationals and expatriates as well as international students. Here is a list of universities in the …
( read original story …)
UAE: DIFC Launches ME’s First Global Digital Security Capital Funding
Dubai International Financial Centre (DIFC … The announcement reinforces DIFC’s vision to drive the future of finance. The issuance also cements the DIFC’s position as the leading financial hub in …
( read original story …)
Bank employee leaks customers’ details, helps embezzle over Dh238,000
A former sales executive of a bank branch has been charged at the Dubai Court of First Instance after he allegedly leaked confidential data pertaining to 25 customers. Because of his abuse of powers …
( read original story …)
Robust finance functions key for the kingdom’s road to recovery
Saudi Arabia’s financial institutions and government stretched out a helping hand to residents and business owners through numerous initiatives as ramifications from the COVID-19 pandemic grew …
( read original story …)
Here’s how new technologies are empowering people of determination in the UAE
an initiative of the UAE Ministry of Finance. We have brought Key2Enable to the UAE through the MBRIF Accelerator programme, so that we can use our technology to benefit the local community.
( read original story …)
Eid Al-Adha holiday for the UAE banking sector announced
COVID-19 insurance for UAE travel, how to ensure it and how much will it cost? ABU DHABI, DUBAI: Eid Al-Adha holiday for the UAE banking sector will be from Thursday, July 30, to Sunday, August 2, it …
( read original story …)
UAE- FTA continues to accomplish achievements, reflecting strength of national economy: Hamdan bin Rashid
The Federal Tax Authority, FTA, Board of Directors, chaired by H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the FTA Board, held its first …
( read original story …)
Saudi Arabia to widen privatisation scope, finance minister says
Saudi Arabia will look to sell assets in sectors not previously considered for privatisation, the country’s finance minister said on Wednesday, as the country contends with the economic impact of …
( read original story …)
ME sovereign investors cool on equities, look towards fixed income alternatives
Invesco recently released its eighth annual Global Sovereign Asset Management Study, an in-depth report which details the views of 139 chief investment officers, heads of asset classes and senior …
( read original story …)
Saudi Arabia to widen scope of privatisations, finance minister says
Saudi Arabia will look to sell assets in sectors that were not previously considered for privatisation, such as healthcare and education, the country’s finance minister said on Wednesday.
( read original story …)
Saudi July data promising for recovery, many uncertainties remain – finance minister
Saudi Arabia’s finance minister said on Wednesday that July data is promising for an economic recovery, though many uncertainties remain, and economic contraction will likely be less than the 6.8% …
( read original story …)
No final decision on G20 leaders summit being physical or virtual – Saudi finance minister
Saudi Arabia’s finance minister said on Wednesday that no final decision has been made on whether the G20 leaders summit will be physical or virtual and the matter is still being considered. The G20 …
( read original story …)
UAE’s ADNOC and ADQ form JV to invest in chemical projects
Abu Dhabi National Oil Company (ADNOC) and holding company ADQ have signed a joint venture deal to invest in chemicals projects in the planned Ruwais Derivatives Park, a statement from ADNOC said on …
( read original story …)
DMCCA sets Jumeirah Lakes Towers plan for members
Dubai tea Trading Centre and Dubai Cotton Centre, and a range of commodities backed financial investment tools including Shariah compliant hedge funds and Dubai Gold Securities, the region’s …
( read original story …)
Is the UAE Likely to Introduce Corporate Taxes?
He said the recent introduction of economic substance rules in the UAE should not be taken as any sort of indication that it intended to introduce corporation tax. “Economic substance was introduced …
( read original story …)
DIFC, Dubai FDI to jointly stimulate investment
… of Dubai whose mission is to stimulate and sustain foreign investment in Dubai. Its mission is consistent with DIFC’s focus to drive the future of finance by attracting leading companies and …
( read original story …)