The UAE Ministry of Finance has released Mutual Agreement Procedure (MAP) guidance to help taxpayers avoid double taxation …
Oman has introduced income tax. Dubai could be next
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy in the next five years. In a royal decree, Sultan Haitham bin Tariq Al Said …
Dubai’s financial regulator chief to lead Majid Al Futtaim board
The chairman of Dubai’s financial regulator has been appointed to lead the new board of Majid Al Futtaim, the retail conglomerate at the centre of a long-running family succession dispute since the …
CBUAE imposes financial sanction of Dhs2 million on exchange house
The Central Bank of the UAE (CBUAE) imposed a financial sanction of amount Dhs2,000,000 on an exchange house operating in the UAE, pursuant to Article 137 …
Top UAE diplomat criticises Israeli minister’s call for Gulf nations to fund war on Iran
An Israeli minister’s controversial remarks has drawn sharp criticism from a top UAE official amid the ongoing Israel-Iran war — a conflict that escalated sharply after the US struck 3 nuclear sites …
Wealthbrix announces official market entry from Dubai International Financial Centre
Wealthbrix Capital Partners Limited, a newly launched independent wealth management firm, today announced its official market entry from Dubai International Financial Centre (DIFC), the leading global …
Wealthbrix launches in DIFC to target rising demand from UAE’s next-gen millionaires and UHNWIs
Wealthbrix Capital Partners brings more than 150 years of collective leadership experience and a track record of managing more than $30bn in assets for clients across the Middle E …
GAP 3 partners FZCO becomes Dubai’s first regulated virtual asset investment advisor
GAP 3 Partners (G3) received an Operational License from Dubai’s Virtual Assets Regulatory Authority (VARA). G3 is now the first regulated Virtual Asset Investment Advisor serving institutional …
‘Middle-class Indians win in Dubai, lose in India’: CA breaks down the brutal real estate truth
Regular working-class couples—those who’ve saved diligently over a decade or more—are buying two to three properties, renting them out at yields of 6–7%, and borrowing at just 5%.
Parkin’s IPO recognised as Best Privatisation in EMEA
The annual awards ceremony recognises standout transactions and institutions shaping capital markets across Europe, the Middle East and Africa …
How UAE’s BloomSpoon Is Reimagining Everyday Sustainability
Mostafa Khattab didn’t set out to reinvent cutlery. But somewhere between a career in sustainable finance and a desire to connect more directly with people, the founder of BloomSpoon—a UAE-based green …
Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal
The Chairperson of President William Ruto’s Council of Economic Advisors (CEA), David Ndii, has revealed that Indian conglomerate Adani Group was handpicked by United Arab Emirates (UAE) financiers.
Ndii Reveals UAE Hand-Picked Adani for JKIA Deal
The Chairperson of President William Ruto’s Council of Economic Advisors (CEA), David Ndii, has revealed that Indian conglomerate Adani Group was handpicked by United Arab Emirates (UAE) financiers.
Barclays appoints ex-HSBC executive as UAE private bank head
Farzad Billimoria brings 30 years of financial expertise, with experience in private banking, wealth management, and retail banking.
Gross banks’ assets up by 1.9% to AED4,719.4 billion at end of March: CBUAE
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED982.4 billion at the end of February 2025 to AED986.2 billion at the end of March 2025. The …
Nisus Finance considers Dh669 million more investment in Dubai’s real estate
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in …
UAE capital markets poised for growth as global investors pivot to Gulf
The UAE, particularly Dubai and Abu Dhabi, is emerging as a global magnet for capital, bolstered by rising foreign investor appetite, strong fundamentals, and a robust pipeline of initial public …