Dubai, United Arab Emirates–(Newsfile Corp. – February 7, 2022) – Recently, the Memorandum of Understanding (MoU) has been signed between CyberArrow’s Top Management and His Excellency Dr …
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UAE – Corporate tax: A sign of a credible economy
The Ministry of Finance of the UAE has made an announcement on January 31, 2022, for the implementation of federal corporate tax (CT) effective from the financial years starting on or after June 1 …
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UAE tops global industry survey with consumers prioritising sustainability for grocery shopping and food consumption
UAE consumers are leading the way globally in prioritising sustainability as a food and drink mandate, a new survey by Bord Bia revealed. Bord Bia, the Irish food board, explored purchasing habits …
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RBI policy meet to LIC IPO filing – Key events to take place next week
Incentives have been given for GIFT city and I believe that with the UAE levying tax at 9% … Trade cautiously. LIC IPO to hit market before March 31; see how policyholders can update their PAN to …
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RBI policy meet and LIC IPO filing to be key events
Incentives have been given for GIFT city and I believe that with the UAE levying tax at 9%, the new scheme announced for GIFT City may see a shift of P-Notes to this place. More clarity on the …
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UAE’s Chimera Capital closes second fund Alpha Wave Ventures II at $10 billion
UAE-based investment firm Chimera Capital has closed its second VC fund Alpha Wave Ventures II at $10 billion, co-managed …
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Dubai’s Salik road toll system said to hire Moelis & Co for IPO
Sources say the road-toll collection system could add additional banks before the listing Dubai’s Salik road toll system said to hire Moelis & Co for IPO Dubai economy, Dubai Financial Market, dubai …
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Dubai ruler’s Malayalam tweet goes viral, Kerala Chief Minister replies in Arabic
Sheikh Hamdan bin Mohamed bin Rashid Al Maktoum, Crown Prince of Dubai; Sheikh Maktoum bin Mohamed bin Rashid Al Maktoum, Deputy Prime Minister and Finance Minister of UAE and Deputy Ruler of Dubai; …
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Vedant Fashions (Manyavar) IPO subscribed 14%
Ahead of the IPO, Vedant Fashions (Manyavar … spanning across 212 cities and towns in India and 11 EBOs overseas across United States, Canada and the UAE. The company reported a consolidated net …
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Dubai Islamic Bank targets growth, scouts out deals
An Islamic bank in the UAE is emerging from the pandemic as acquisitive as ever and has identified new countries where it might expand next. With operations already in place in Pakistan …
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Update – UAE Introduces Corporate Tax
The United Arab Emirates (UAE) Ministry of Finance (Ministry) announced on 31 January 2022 that it will introduce a federal corporate tax regime for the first time in the UAE. A federal corporate tax …
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UAE’s Anghami, first Arab tech company to list on Nasdaq, begins trading
Read: Shuaa Capital invests in music streaming service Anghami Global investment company Franklin Templeton also joined as one of the pre-IPO investors … Lab’ in Dubai to be followed by …
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Emaar MGF, Two Others Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Emaar MGF, Two Others Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Emaar MGF and Two Other Property Firms Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Dubai Islamic Bank expects UAE to remain globally competitive after new corporate tax
Dubai Islamic Bank, one of the city’s biggest lenders, expects the United Arab Emirates to remain competitive after a new tax on business profits comes into effect next year. The UAE, of which Dubai …
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UAE will be competitive even with a corporate tax, says Dubai Islamic Bank CEO
Image Credit: Virendra Saklani/Gulf News Dubai: Dubai Islamic Bank, one of the city’s biggest lenders, expects the UAE to remain competitive after a new tax on business profits comes into effect …
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