With the new Labour government set to increase taxes on wealthy asset management executives, some are looking to move to places like Milan and Dubai.
Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the …
Dubai real estate: Is it the right time to invest in buying a villa?
With Dubai’s property market booming in 2024, is now the right time for investors to buy villas into the emirate’s sought-after residential segment?
Dreaming of retiring in Dubai? Here are the steps to secure your long-term visa
Dubai appeals not only to young, affluent individuals but also to retirees seeking a comfortable lifestyle. The city offers a range of modern apartments and luxurious villas within vibrant communities …
Active Registered Companies in DIFC Exceeds 6K for 1st Time
The number of active registered companies in the Dubai International Financial Centre (DIFC) has surpassed 6,000 for the first time, marking a 24% growth in the first half (H1) of 2024.Read More: …
M2 ADGM announces a new, secure and seamless UAE bank account integration for UAE residents to buy and sell virtual assets
Speaking on the addition, CEO of M2 Stefan Kimmel said, “Through this compliant integration, UAE residents can enjoy the familiarity of their existing and trusted banking services, coupled with the …
Dubai Financial Market announces 74% rise in Net Profit (pre-tax), for the first half of 2024 to AED 195.4 Million
Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended 30 June 2024. Net profit before tax grew to AED 195.4 million, marking a significant 74% increase …
Man who gave mule accounts to Dubai-based crooks held
A man from Hassan, Karnataka, was arrested for facilitating cyber fraud by providing mule accounts to Dubai-based criminals. The fraudsters used these accounts for siphoning money through online …
DIFC continues to drive future of finance with outstanding H1 2024 results
The number of active registered companies in the Dubai International Financial Centre (DIFC) exceeded 6,000 for the first time in the first half of 2024, i..
UAE summer 2024: Flight tickets under AED1,000 from Dubai
Here is all you need to know about budget friendly round-trip tickets to destinations including including India, Kuwait, Pakistan, Saudi and Oman …
DIFC adds 820 more companies in first half with assets under management hitting $700bn
The Dubai International Financial Centre added 820 companies in the first half of the year, with the total assets under management in financial district rising to more than $700 billion amid …
Dubai Financial Market reports 74% profit increase in H1 2024; attracts over 72,000 new investors
DFM’s total consolidated revenue grew by 40 percent to AED305.7 million, up from AED218.1 million in the same period of 2023 …
DIFC continues to drive the future of finance with outstanding H1 2024 results
The Dubai International Financial Centre (DIFC), the leading global financial centre in MEASA region, announced outstanding results for the first half of 2024. Coinciding with its 20th anniversary, …
Scope Solutions solidifies presence in UAE with successful one year, plans to expand enhance services soon
The company offers cloud computing and SaaS technology, with a pioneering focus on accounting firms and finance-focused businesses …
RAKBANK income, profit & balance sheet growth continues into 2024 as the bank’s strategy embeds further
Customer advances in Wholesale Banking increased by AED 715M, Business Banking segment by AED 538M and Retail Banking segment by AED 423M, compared to 31st December 2023. Strong balance sheet momentum …
Dubai set to welcome even more millionaires as wealthy individuals abandon the UK
High-net worth individuals are in many cases voting with their feet, seeking greener pastures – or in the case of tax-free expat hubs like Dubai, sandier beaches – as costs and taxes rise in their …
Dubai Financial Market announces 74% rise in Net Profit (pre-tax), for the first half of 2024 to Dhs 195.4 Million
Dubai Financial Market (DFM … The landmark event offered key insights into the future of finance, and underscoring DFM’s status as a leading global listing venue. Commenting on DFM’s performance, …