Abu Dhabi-listed AD Ports Group has signed a $2 billion financing agreement with a syndicate of 13 banks, it said in a bourse statement on Tuesday.
UAE plans long-term economic ties with Israel despite political strains
The United Arab Emirates’ commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in …
UAE: How residents can earn ‘second salary’ every month
With living costs on the rise across the world, having another source of income — or ‘second salary’ — would be a big help for UAE residents’ financial security. Savings remain a major issue …
UAE Residents’ Financial Knowledge Is Expanding – Mid-East.Info
The UAE is the fifth most stock-obsessed country; no other Gulf or Arab nation made the top five
Blue-chip communication stocks drive ADX, as Dubai Financial Market hits one-month high
and giant property Emaar driving the Dubai Financial Market’s best performance in a month. In Abu Dhabi, Index FADGI closed 0.752 % higher at 9,501.150 pts, buoyed by robust trading over telecom firms …
UAE plans long-term economic ties with Israel despite political strains – analysis
The UAE is advancing cooperation with Israel in the finance, energy, security, technology, and water security sectors.
Saudi Arabian auto rental firm Lumi hires banks for planned IPO – sources
Saudi Arabian auto rental firm Lumi has hired Saudi Fransi Capital and EFG Hermes to arrange the sale of 30% of its shares in a planned initial public offering (IPO), two sources told Reuters.
Dubai’s Amanat Holdings launches healthcare division
Amanat Healthcare is to have an expected capacity of over 1,000 operational beds Dubai’s Amanat Holdings launches healthcare division Amanat Healthcare, Amanat Holdings, Bahrain, Dubai, Healthcare, pr …
Exclusive: Russia shifts to Dubai benchmark in Indian oil deal – sources
NEW DELHI, April 3 (Reuters) – Russia’s largest oil producer Rosneft (ROSN.MM) and India’s top refiner Indian Oil Corp (IOC.NS) agreed to use the Asia-focused Dubai oil price benchmark in their latest …
What the UAE’s corporate tax means for SMEs
Many owners of small and medium enterprises (SMEs) often have multiple revenue streams with different legal structures. These entrepreneurs may understand their investments well. However, the …
DFM, Dubai Chamber Of Commerce Launch Comprehensive Programme To Fast-Track Businesses’ Journey To IPO
The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advi …
Improved Investor Sentiments Continue To Drive UAE Financial Markets
ABU DHABI, 30th March, 2023 (WAM) — Improved investor appetite continued Thursday to drive UAE financial markets. In the UAE capital, Index F …
UAE and Canada eye $3tn wealth fund opportunities
UAE and Canada announce Sovereign Wealth Fund Council UAE and Canada eye $3tn wealth fund opportunities sovereign wealth fund, sovereign wealth funds, UAE Sovereign wealth …
What sustainable finance and carbon markets mean for the GCC
These commitments follow in the steps of the UAE’s sustainable finance framework released in 2021, which reaffirmed the nation’s commitment to the growth of sustainable financing and investment in the …
HSBC named UAE’s Best International Private Bank at Euromoney Awards
Dubai: HSBC has been named the UAE’s Best International Private Bank at the Euromoney Global Private Banking Awards 2023, the premier accolade for private bankers and wealth managers, recognised by …
UAE: Do I cancel family visas, close bank, Dewa accounts before retiring and returning to home country?
This is under Article 16(5) of the Employment Law, which states, “The employees shall not keep in his personal capacity any hard or soft papers or documents in relation to the business secrets without …
How a Dubai family plans to distribute half a million iftar meals this Ramadan
Besides the main meal, 16,000 water bottles, laban, 4,000 kg of fruits, and 200 kg of dates are also distributed daily …