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, …
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 …
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 …
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 …
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 …
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 …
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 …
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’ …
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 …
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 …
Dubai Islamic Bank successfully prices $1bln sustainable sukuk
DUBAI: Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% …
Dubai Islamic Bank successfully prices $1 billion Sustainable Sukuk
Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% per …
Dubai government starts up Parkin IPO
The Emirate of Dubai has launched the privatisation of Parkin Company, the government’s public car park business, via an IPO on the Dubai Financial Market. In a regulatory filing on Tuesday, the …
UAE announces $2,700 tax fines
The UAE has announced new tax fines of more than $2,700 for companies failing to register for Corporate Tax in the country.
Parkin Company announces intention to float on Dubai Financial Market
12th March 2024 for UAE Retail Investors and on Wednesday, 13th March 2024 for Qualified Investors. The Internal Sharia Supervision Committee of Emirates NBD Bank PJSC has issued a Shariah …
Dubai to sell 25% stake in public parking business via IPO
DUBAI: The Dubai government is selling a 24.99% stake in Parkin, which oversees public parking operations in the emirate, through an initial public offering in the emirate’s first privatisation deal …
UAE, home to the financial hub of Dubai, dropped from financial crime watch list
T he United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog’s list of countries at risk of illicit money flows, a win for the nation t …