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