The emirate ranked first in attracting FDI projects into sectors such as tourism, business services, financial services, transport and warehousing, consumer products, and software and IT services …
COP28 President-Designate calls for action to transform, decarbonise and future-proof economies at UAE Climate Tech
Over 1,500 leaders from technology companies, major industries, finance, government, civil society, and the energy sector convene in Abu Dhabi for UAE Climate Tech. UAE Climate Tech provides platform …
Dubai fintechs have $615m in funding power – and that is from 2022 alone
The fintech sector has emerged as a key driver of innovation and economic growth in line with Dubai’s Economic Agenda (D33) and be one of the top four global financial hubs, said Kazim at the …
UAE: Sheikh Mohammed’s daughter Sheikha Latifa announces birth of baby girl, reveals baby name
Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, daughter of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the U..
Saudi’s Morabaha Marina aims to raise up to $83.4 million in IPO -statement
DUBAI, May 14 (Reuters) – Saudi Arabia’s Morabaha Marina Financing Company said on Sunday it is seeking to raise up to $83.4 million in an initial public offering on the Tadawul (.TASI) exchange to …
UAE opens corporate tax registration for public joint stock companies and private entities
Public joint stock companies and private companies in the UAE can begin registering for corporate tax from May 15, before it becomes applicable next month. The corporate tax will be applicable for …
UAE: Emirates Development Bank seeks to promote financial inclusion of SMEs
EDB launched its five-year strategy in 2021 with a focus on five priority sectors that align with the country’s national development objectives …
The Middle East IPO Boom May Have Reached Its Zenith
Saudi Arabia’s decision to postpone its Aramco trading IPO shows that the Middle East IPO boom could be reaching its zenith …
Summit to help financial professional explore opportunities
The Dubai Chapter of the Institute of Management Accountants (IMA), in collaboration with ACCA Middle East, is taking a significant step towards bridging this gap among finance professionals in UAE by …
UAE’s first auction of Islamic treasury bonds in 2023 oversubscribed 7.6 times
The first auction of the UAE’s dirham-denominated treasury sukuk for the year was oversubscribed by 7.6 times, receiving bids worth Dh8.3 billion ($2.26 billion), the Dubai Media Office said on …
Adnoc Gas IPO was world’s largest in Q1, EY report shows
The UAE has already witnessed its first IPO of Q2 2023, with Al Ansari Exchange listing on the Dubai Financial Market (DFM) on April 6, raising $0.2b in proceeds. Furthermore, Adnoc has announced its …
Malgo Finance Empowers Traders with New Trading Pairs and Enhanced Features
Malgo Finance is committed to providing its users with a variety of cutting-edge features while putting a special emphasis on providing an outstanding user experience. The platform facilitates an …
Dubai Investments’ net profit surges 55% in Q1
Dubai Investments, a leading diversified investment company based in UAE, has registered a net profit of AED314.5 ($86 million) for the first three months of the year, up 55% over the last year’s …
UAE on course to grow into a bigger economic powerhouse under President
In his first year, Sheikh Mohamed has focused on increasing role of Emiratis, strengthening human capital, signing CEPAs, and more …
A Quick Overview Of UAE Banking System
The UAE is a country that has been ranked among the best places to live in the world. It is renowned for its breathtaking architecture and lovely beaches. However, there are many other aspects of this …
UAE issues explanatory guide including exemptions, clarifications for corporate tax
Clause-by-clause guide is meant to assist readers with gathering the government’s intention and aid in interpreting the law …
UAE tops world in five labour market indices, reinforces its global leadership
The UAE has topped several global labour market indices issued by international entities and institutions in a new accomplishment that reflects UAE’s pioneering global model for development.