Axis Bank Raises $500 Million From Bonds

The bank has issued senior fixed rate bonds aggregating to $500 million under the Medium Term Note (MTN) Programme through its Dubai International Financial Centre (DIFC) branch, Axis Bank said in a regulatory filing. The notes will be listed at the ... ( read original story ...)

How to recover from a job loss

Publicly available data reveals that 1,500 jobs have been cut in the UAE banking sector since the beginning of 2016 alone, and market uncertainty has led to redundancies in other sectors like oil and gas, construction, tourism and retail.” But just how ... ( read original story ...)

5 key points of the new UAE tax procedures law

guidelines and regulations for UAE companies according to the statement released by the UAE Ministry of Finance. Tax Agents will also be required to register with the FTA and no one will be permitted to practice the profession if one is not enrolled in the ... ( read original story ...)

Afkar signs Union Brokerage Company

UAETF offers single security like exposure to one of the world’s premier financial and commercial hubs by investing in three UAE markets: the Dubai Financial Market, the Abu Dhabi Exchange and NASDAQ Dubai. The addition of a new authorised participant ... ( read original story ...)

Big boost to SMEs

The regulatory framework meant to help SMEs gain easy access to financing by creating an innovation-friendly ecosystem was launched by the Dubai Financial services Authority (DFSA) in line with the United Arab Emirates Government’s National Innovation ... ( read original story ...)