IFZA Dubai, the UAE’s international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s first platform bank, to provide IFZA Free Zone companies with quick and convenient …
Dubai Islamic Bank lists $750m inaugural sustainable Sukuk on Nasdaq Dubai
New listing raises the total value of DIB’s Sukuk on Nasdaq Dubai to $7.8 billion Dubai Islamic Bank (DIB) rang the market-opening bell on Monday to celebrate the listing of its inaugural sustainable …
IFZA partners with Wio Bank to provide Digital Banking Services
Dubai, UAE – IFZA Dubai, the UAE’s most dynamic and truly international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s first platform bank, to provide IFZA Free Zone …
To Regularise Business Sector, UAE Government Announces Corporate Tax Compliance: Know About It
UAE corporate taxation will shift the focus from the mainland … The parent company must combine the financial accounts of each subsidiary for the applicable tax period to calculate the tax group’s …
A new Dhs1,000 note will come into circulation in the UAE soon
And soon, if you are fond of using paper money when handing over dosh for goods then you will want to look out for a new addition to the cash line-up here in the UAE as there will be a new banknote in …
What will shape Dubai property market trends in 2023?
Recent Dubai Land Department changes to building classifications and linking it to rental rises will allow for rents to dampen in certain areas. (Curiously, this is being witnesse …
Hamilton Reserve Bank Dubai Branch Welcomes Saint Kitts and Nevis Prime Minister As the Only Middle East Banking Presence from the Federation
LtoR: Hamilton Reserve Bank Dubai Branch relationship manager Ms. Sheeba Radhakrishnan, St. Kitts and Nevis Prime Minister Dr. Terrance Drew, Hamilton Reserve Bank Dubai Branch relationship manager Mr …
Dubai: Indian social media finance guru gains millions of followers with no technical degree
Sharan Hegde creates comedic online skits to explain financial concepts – with no financial degree. This formula, that at first glance may not seem to be o..
New platform to list out investment opportunities in UAE
The electronic platform will offer opportunities for investors in the targeted sectors by identifying the most prominent features of each …
Jumia Moves Top Bosses to Africa from Dubai in Profit Push
(Bloomberg) — Jumia Technologies AG is closing its office in Dubai and moving senior management to the African countries they oversee, part of a plan to cut losses and redirect the company after its …
Middle East IPO train keeps rolling
This is in sharp contrast with the IPO window in the U.S. and Europe, both of which have been snapped shut for most of the year. That even forced the once-determined Instacart and others to push back …
11% of UAE’s corporate cryptominers fell victim to ‘cryptojacking’ this year
Of all corporate users affected by crypto miners in the META region, 11 per cent were from the UAE. And of all consumers affected by crypto miners in the META region, six per cent were also from the …
Dubai tops cities with highest spending by international tourists
Dubai has topped the list of cities with the highest spending by international visitors this year, pulling ahead of Doha and London in the top three places, the World Travel and Tourism Council (WTTC) …
Taking UAE to the next stage
As the UAE celebrates its 51st National Day, it is heartening to note how women have been a major catalyst in the quantum leap the country has made in the last five decades. The q …
Dubai’s sovereign fund ICD smashes revenue, reports $4bn H1 profits
Record performance for Dubai investment arm; Revenues up 61% to $32.97bn Dubai’s sovereign fund ICD smashes revenue, reports $4bn H1 profits gcc sovereign wealth funds, ICD, sovereign wealth fund, sov …
Strategies for UAE banks to build a future-proof business highlighted
Arthur D. Little (ADL) has published a new Viewpoint, “Pursuing Excellence in Corporate Banking” exploring challenges and opportunities that illustrate the lasting and even increasing importance of …
Dubai sovereign wealth fund ICD posts record revenues, profits
Investment Corporation of Dubai (ICD) posted the best-ever revenues and net profit in the first half of 2022, driven by the strong performance of all of it..