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Tag: ipo

Posted on 29/02/2024

UAE holds firm at 10th place globally in Brand Finance Soft Power Index 2024

UAE: –The UAE continues to hold its position at 10th place at the Brand Finance Soft Power Index 2024 for the second consecutive year, standing as the only Gulf nation among the world’s top 10 soft …

Posted on 29/02/2024

UAE gets 10/10 for ‘strong and stable economy’ in world rankings

The UAE is viewed as the world’s most “strong and stable economy”, boosting its standing in the leading global soft power ranking, it was revealed on Thursday. Saudi Arabia is also enjoying “stronger …

Posted on 29/02/2024

Dubai’s Housing Boom Prompts Emaar to Start $21 Billion Project

A Dubai-based developer, best known for its work on the world’s tallest tower, is splashing out 96 billion dirhams ($21 billion) to build two luxury neighborhoods in the city and capitalize on the …

Posted on 29/02/2024

Morgan Stanley opens Abu Dhabi office, expanding Gulf presence

Morgan Stanley is opening an office in Abu Dhabi, adding to its regional presence and joining a string of other global investment banks that have set up offices in the United Arab Emirates (UAE) …

Posted on 29/02/2024

Emirates Development Bank underlines its role in UAE’s economic evolution at third Investopia Summit

Emirates Development Bank (“EDB”, the Bank), the key financial engine for economic development and industrial advancement in the UAE, has highlighted it …

Posted on 29/02/2024

Ajman Bank Signs MOU with KPMG for Developing a Robust ESG Framework

Ajman Bank, a leading Islamic financial institution in the UAE, is proud to announce its strategic partnership with KPMG ESG Services, marking a significant milestone in its commitment to …

Posted on 29/02/2024

Dubai Health Authority And Dubai Islamic Bank Sign Agreement To Support Medicine And Science Programme With AED 12.12 Million

Dubai Health Authority and Dubai Islamic Bank Sign Agreement to Support Medicine and Science Programme with AED 12.12 Million

Posted on 29/02/2024

UAE: Do you manage to save 25% of your monthly salary?

Over 82 per cent of UAE residents believe that allocating up to a fourth of their monthly income is sufficient for their future retirement plans, a survey has found. Most of the residents were, …

Posted on 29/02/2024

Dubai’s economy shows no signs of slowing even as world ‘contends with uncertainty, subdued growth’

Dubai’s appears to be going from strength to strength as the city focuses unwaveringly on its D33 agenda, which aims to double the size of the emirate’s economy over the next decade, and reinforce its …

Posted on 29/02/2024

UAE Ministry Of Finance Strives To Establish An Environment Conducive To Innovation, Advancing Government Financial Work

Dubai, UAE: 28 February 2024 – The UAE Ministry of Finance is committed to fostering an environment that encourages creative thinking and the development of innovative approaches. This is part of its …

Posted on 29/02/2024

Ajman Department of Finance introduces suppliers to latest innovations of ‘Tawreed’platform

Coinciding with ‘UAE Innovates 2024’, the Ajman Department of Finance organised an awareness workshop titled ‘Becoming an Approved Supplier.’ The workshop brought together representatives from all …

Posted on 28/02/2024

UAE participates in BRICS’ finance ministers and Central Bank governors meeting

São Paulo, Brazil:– The United Arab Emirates, represented by the UAE Ministry of Finance and the Central Bank of the UAE, participated in the first BRICS Finance Ministers and Central Bank Governors …

Posted on 28/02/2024

Accor ‘talking to Dubai’ to help finance Orient Express superyachts

Accor is in talks with Dubai to help finance the building of two €800 million superyachts under the Orient Express brand, the Financial Times reported. Dubai Holding, Emirati ruler Sheikh Mohammed bin …

Posted on 28/02/2024

Corporate tax UAE: Registration date, fines, exemptions and what you need to know

The UAE has announced new corporate tax registration deadlines for this year for eligible businesses. Under a new decision that takes effect from March 1, businesses must register by a certain date …

Posted on 28/02/2024

Dubai Islamic Bank gets shareholder approval for 2023’s Dh3.2b dividend

Dubai Islamic Bank’s 2023 net profit breached Dh7b for first time Dubai: The approvals are in place for Dubai Islamic Bank (DIB) spread out Dh3.25 billion as dividend for 2023. The ‘record-breaking’ …

Posted on 28/02/2024

Dubai Islamic Bank shareholders approve 45% dividend for 2023

With shareholders’ returns always a priority, this record-breaking financial performance led to a 45% cash dividend aggregating to an amount of around AED 3.25 billion …

Posted on 28/02/2024

My Own Home: Couple paid less than Dh2m for two-bed apartment in Dubai Marina

My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Ada Lanzaro Beaton lives overlooking Dubai …

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