DUBAI: Network International stock jumped after the Dubai payments firm listed its shares in London in what is Europe’s biggest IPO of the year so far. The shares gained more than 16 percent in early …
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Dubai regulator sets up unit to assess digital and financial risk
Dubai’s financial regulator will establish a dedicated unit to study cyber risks facing the growing number of firms at the emirate’s financial free zone, its chief executive said. The Dubai Financial …
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UAE-Saudi pact on no double taxation takes effect
The UAE, represented by the Ministry of Finance, MoF, signed the agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
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Double taxation agreement between UAE and Saudi Arabia comes into effect
The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
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Dubai’s “Quranic Park” draws on Islam’s holy text
DUBAI, April 9 (Reuters) – A new park that uses gardens and landscaping to tell stories from Islam’s sacred text has opened in Dubai, offering locals and tourists a day out with a religious twist. …
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Dubai International Financial Centre Builds Bridges between US, European and Middle East FinTechs with New Residency Programme
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, today launched a residency programme at LendIt FinTech …
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UAE’s Finablr set to launch London IPO on Tuesday: sources
ABU DHABI/DUBAI (Reuters) – United Arab Emirates-based payments and … The plan comes after its rival firm Network International’s IPO drew strong demand from investors in a potential deal that could …
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Video: Does Careem deal show Uber may be overvalued at IPO?
Uber may be ‘overvalued’ at its upcoming initial public offering (IPO), given the majority stock portion of its $3.1 billion acquisition of Dubai ride-hailing app Careem, according to a partner at …
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Now you can do banking through WhatsApp in UAE
UAE banks are continuing to set the bar when it comes to technology adoption in the region, with a new focus on offering customer services through social media apps. Dubai’s largest bank, Emirates NBD …
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UAE-Saudi double tax avoidance agreement to lift trade, investment
Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 …
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UAE, Saudi Arabia agreement on avoidance of double taxation comes into effect
The UAE, represented by the Ministry of Finance, MoF, signed the agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion …
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Dubai Islamic Bank Considers Acquiring Noor Bank, Sources Say
Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank PJSC, people with knowledge of the talks said. The bank has held …
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UAE- DGCX’s Spot Gold Contract receives Shari’ah certification
and greatly reflect the growing potential of Islamic finance across the UAE and wider GCC region.” Professor Yousef Abdullah Al Shubaily, Shari’ah Advisor, Minhaj Advisory, said, “Our vision is to …
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Double taxation agreement between the UAE and Saudi Arabia comes into effect
The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
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UAE ranks first in the region representing 36% of the total FDI flow to the Arab countries
FDIs in this sector amounted to nearly 28.4 billion dollars, with total foreign direct investment amounting to 23.8% in the UAE. Financial and insurance activities amounted to 23 billion dollars, with …
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UAE- The Maritime Standard launches 2019 Awards
Dubai-based publisher and events organiser … shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter, which celebrated the publication …
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Banking is now just a WhatsApp away for Emirates NBD customers
Dubai: Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution, a first in the region. Enhancing the bank’s award-winning …
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