Donald Trump already has several developments bearing his name in Dubai after a tie-up with developer Damac Group in 2015. His projects across the oil-rich Gulf region come as he once again became the …
UAE willing to join multinational force for Gaza
The comments by Lana Nusseibeh, special envoy to the UAE foreign ministry, come as Arab states and the west struggle to devise a viable postwar plan for Gaza. Nusseibeh told the Financial Times that …
UAE stock markets close Thursday in green zone
The benchmark index DFMGI of Dubai Financial Market (DFM) added 37.21 points (0.90%) at the end of Thursday’s session to close at 4,169.17 points. A total of 313.32 million shares were exchanged at a …
Dubai’s Amanat Holding to IPO education platform
Dubai-listed Amanat Holdings will proceed with an initial public offering (IPO) of its education subsidiary, the company said in a bourse statement on Thursday. Amanat, a healthcare, and education …
DIFC, Indonesia’s Nusantara to enhance financial cooperation
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Indonesia’s Nusantara Capital Authority to enhance international financial cooperation. Essa Kazim, …
Amanat Holdings to list education platform in Dubai
DUBAI, July 18 (Reuters) – Dubai-listed Amanat Holdings (AMANT.DU), opens new tab will proceed with an initial public offering (IPO) of its education platform on the local bourse, a filing showed on …
Dubai’s Emirates Islamic posts record $450 million profit for H1 2024
“This year, Emirates Islamic proudly celebrates 20 years of serving the UAE. The bank’s strategic investment in technology and innovation contributed to Emirates Islamic being recognised as one of the …
UAE’s debt capital market likely to top $300bln in 2025: Fitch
The UAE is one of the largest US dollar debt issuers in emerging … growth over the past five years,” said Bashar Al Natoor, Global Head of Islamic Finance at Fitch Ratings. However, the dirham …
UAE denies $10k bank balance, N640k fee for Nigerian visa applicants
The United Arab Emirates has denied approving $10k bank balance, and N640k fee requirements for Nigerians applying for visas into the country, reports The Cable. The Minister of Information and …
ICYMI: UAE denies $10k bank balance, N640k fee for Nigerian visa applicants
The United Arab Emirates has denied approving $10k bank balance, and N640k fee requirements for Nigerians applying for visas into the country, reports The Cable. The Minister of Information and …
Dubai’s Emirates Islamic comes up with its highest ever half-yearly profit
Operating profits shot up by 40 per cent. Image Credit: Supplied Dubai: The Dubai-headquartered Emirates Islamic bank hit its highest ever half-year profit tally of Dh1.7 billion in the first-half of …
UAE: After Oman, Will Other GCC Countries Introduce Personal Income Tax?
Oman is expected to roll out personal income tax, making it the first country in the GCC to do so, some time next year.
What FinTechs and financial services corporates can learn about the future of finance from the Global Financial Centres Index
In recent years, the Covid-19 pandemic has caused unprecedented economic disruption across industries, and the financial services community is no exception. In this environment, a trusted barometer of …
What FinTechs and financial services corporates can learn about the future of finance from the Global Financial Centres Index
In recent years, the Covid-19 pandemic has caused unprecedented economic disruption across industries, and the financial services community is no exception. In this environment, a trusted barometer of …
UAE and Indonesia Strengthen Ties with Payment Systems MoU
The Central Bank of UAE and Bank Indonesia signed an MoU to enhance bilateral cooperation on payment systems, aiming for faster, transparent, and affordable cross-border payments. This initiative …
EXCLUSIVE: UAE denies approving $10k bank balance, N640k fee as visa application requirements
The DVN costs a non-refundable N640,000 excluding VAT for each application. This does not include the visa fee. In addition to obtaining a UAE visa, Nigerians are required to provide proof of a …
UAE visa changes; Dubai floods; new tax introduced; outstanding schools revealed; real estate booming – 10 major stories so far this year
with the exception of foreign banks licensed to operate in the Dubai International Financial Centre (DIFC). According to the law, foreign banks are subject to a 20 per cent tax on their annual taxable …