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Tag: ipo

Posted on 31/05/2024

UAE announces midday outdoor work ban to start June 15, fines of up to $13,600 for breaking rules

The Ministry of Human Resources and Emiratisation (MoHRE) is set to begin implementing the Midday Break, prohibiting work under direct sunlight and in open-air areas across the UAE, between 12.30pm …

Posted on 31/05/2024

UAE tax authority stresses mandatory deadline for corporate tax registration

Khalid Ali Al Bustani, Director-General of the FTA, opened an awareness workshop in Dubai this week as part of a campaign on corporate tax compliance …

Posted on 31/05/2024

VIDEO: MENA’s IPO pipeline to remain ‘promising’ in 2024

Even though tensions in parts of the region could lead to a more cautious market, Saudi Arabia and the UAE will continue to drive the IPO momentum. Watch the Zawya video here.

Posted on 31/05/2024

World’s wealthy drawn to Dubai’s DIFC as tighter privacy brings security benefits – experts

However, the levels of scrutiny by DIFC’s registrar and regulator mean the privacy afforded to HNWIs would not impact the UAE’s removal from the Financial Action Task Force (FATF) grey list. At the …

Posted on 31/05/2024

‘African gold worth billions smuggled to UAE annually’

GOLD smuggling out of Africa, mainly to the United Arab Emirates, has surged over the last decade, with hundreds of tonnes worth tens of billions of dollars illegally leaving the continent every year, …

Posted on 31/05/2024

Dubai’s sovereign wealth fund ICD posts 68 per cent jump in 2023 profit

The Investment Corporation of Dubai, the government’s main investment arm, reported a 68 per cent increase in 2023 net profit this week, buoyed by its transportation, banking and financial services …

Posted on 31/05/2024

Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

Saudi Arabia’s government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as $13.1 billion, a landmark deal to help fund Crown Prince Mohammed bin …

Posted on 30/05/2024

UAE stocks close Thursday on a positive note

UAE financial markets ended in the green Thursday as Abu Dhabi’s general index added 0.47% and Dubai’s main share index gained 0.28%.

Posted on 30/05/2024

UAE participates in GCC financial and economic cooperation committee meeting

During the meeting, the UAE’s proposal for targets and indicators of awareness programmes around the GCC Common Market was approved …

Posted on 30/05/2024

‘Money brings strength’: How astute financial planning helped this Indian expat follow her dreams

Yoga teacher Brinda Hora dedicates her life to teaching a philosophy and practice she deeply believes in. The Indian expat, 43, lives in Dubai and is now i..

Posted on 30/05/2024

Inside Dubai’s Booming Technology Sector: Seed Group CEO’s Take on How Global Startups Can Harness The Momentum

TechRound spoke to Seed Group’s CEO, Hisham Al Gurg on the growing and booming tech sector in Dubai and what it means for aspirational companies.

Posted on 30/05/2024

Dubai real estate: Home Loan vs. Mortgage – Which is a better property financing option? Experts weigh in

Dubai experts offer insights on key differences, pros, cons and financial considerations when choosing between home loans and mortgages for property purchases in the emirates booming real estate marke …

Posted on 30/05/2024

Anna Morgenstern Dubai – A Renowned Finance Specialist

Anna Morgenstern Dubai pursued for her master’s degree from The University of Wollongong in Dubai and obtained her degree in 2006.

Posted on 30/05/2024

UAE bank fraud: Customer loses Dh15,000 in scam while paying telecoms bill

Philip Currie received an SMS on May 7 about an outstanding bill from his telecom provider, du. Mr Currie, 49, from Britain, decided to pay the bill through du Quick Pay, as he did every month. On his …

Posted on 30/05/2024

UAE stock markets attract $490mln liquidity at close of Wednesday’s trading

The liquidity was distributed as AED1.1 billion in the Abu Dhabi Securities Exchange (ADX) and AED723.2 million in the Dubai Financial Market (DFM), after trading 1.42 billion shares through the …

Posted on 29/05/2024

UAE President concludes state visit to Republic of Korea

President His Highness Sheikh Mohamed bin Zayed Al Nahyan departed Seoul today, Wednesday, concluding a two-day state visit to the Republic of Korea.

Posted on 29/05/2024

UAE President arrives in Beijing at beginning of state visit to China

President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in the Chinese capital, Beijing, today at the start of a two-day state visit to the People’s Republic of China at the invitation of …

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