The UAE Ministry of Finance has clarified rules to certain provisions under Cabinet Decision No 85 of 2022 on the Determination of Tax Residency, bringing the Emirates in line with other countries …
UAE in top 10 most powerful countries list
The UAE enters top 10 in Global Soft Power Index UAE in top 10 most powerful countries list Brand Finance, UAE Politics & Economics …
UAE Issues New Guidelines for Tax Residency Status in the Emirates
The Ministry of Finance in the UAE has released new guidelines for determining if someone is a tax resident in the country. As per the guidelines, MoF …
No, This Viral Image Of People Queuing Up Outside Bank Of Baroda Is Not Related To The Adani-Hindenburg Row
An image showing a crowd gathered outside a Bank Of Baroda branch in the United Arab Emirates is going viral. The image is going viral with the claim that customers of a branch of the bank are closing …
UAE’s FAB facilitated over $9bn in sustainable projects in 2022
More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings …
Al Ansari Plans to Double Dividend Payout Ahead of Dubai IPO
Al Ansari Financial Services plans to double its dividend for 2023 ahead of its upcoming initial public offering, according to people with knowledge of the matter.
UAE working on 26 comprehensive economic partnership agreements, minister says
Investopia was launched by the UAE in 2021 and this year is being organised under the theme “Envisioning opportunities in times of change”, in partnership with the Abu Dhabi Department of Economic …
Dubai International Financial Centre Selects Napier to Offer Client Screening Capabilities
Dubai International Financial Centre (DIFC), the global financial centre in the MENA and South Asia region, has chosen anti-financial crime compliance specialist Napier in order to upgrade the …
UAE bank investments reach $144bn
UAE bank investments reached record highs after 11.5% annual increase UAE bank investments reach $144bn CBUAE, Central Bank of the UAE, UAE banks Banking & Finance …
The real reason Netanyahu didn’t go to the UAE in January
Israeli Prime Minister Benjamin Netanyahu’s visit to the United Arab Emirates was postponed in early January because of Emirati concerns that it would cause regional tensions with Iran, three Israeli …
Dubai records over $844mln in realty transactions Wednesday
DUBAI – Dubai real estate market recorded 598 sales transactions worth AED1.55 billion, in addition to 68 mortgage deals of AED1.48 billion on Thursday, data released by Dubai’s Land Department (DLD) …
UAE’s decision on ‘tax residency’ comes into effect today
The UAE’s Ministry of Finance on Wednesday issued a decision on determining tax residency for people living in the Emirates. For consideration on tax purpo..
UAE announces new tax rules
Tax laws for UAE residents have been clarified under the new guidelines UAE announces new tax rules Corporate tax, Corporate tax UAE, corporate taxes, Federal Tax Authority, Taxation, uae tax, UAE tax …
Emirates NBD, Emirates Islamic ring Nasdaq Dubai’s market-opening bell
These first of their kind dirham-denominated issuances by a financial institution reflect continued momentum in developing the local currency fixed income market spearheaded by the UAE’s Ministry of …
Emirates Development Bank’s financing sees YoY rise of 673% in 202; here’s how much it loaned
Emirates Development Bank disbursed a total of Dhs1.8bn in loans to SMEs for 2022, representing a 387 per cent increase over 2021 …
Dubai’s Luxury Property Market Is Closing In on New York, London
Dubai is the world’s busiest luxury property market behind New York, Los Angeles and London after a deluge of wealthy investors flocked to the city when it emerged as a safe haven amid geopolitical …
UAE’s green, sustainable finance enjoy two years of rapid growth
UAE registered a 32 per cent year-on-year growth in green and sustainable finance issuance in 2022, as ESG reporting has increased.