The Ministry of Finance announced the issuance of UAE Cabinet Decision No. (49) of 2023 on the treatment of resident and non-resident individuals undertaking a business or business activity, for the …
Banking & Finance
The fund official also urged all parties to urgently resolve the matter …
UAE shareholders got some good dividends in April as IPO boom keeps giving
Newly listed DEWA, Salik come up with high dividend yields, while Emaar makes a return Dubai’s DFM is having a good time of it this year, with post-IPO stocks turning in higher numbers.
PM vows every possible support to UAE investors
Shehbaz Sharif on Friday assured that the government would extend every possible support to the investors from the United Arab Emirates (UAE). The PM, in a meeting with a delegation of UAE investors, …
UAE Banks Federation Confirms A 100% Increase In The Use Of Some Digital Banking Channels
UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the …
UAE ranks second globally in customer trust, says UBF
The UAE ranked second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the index conducted annually by the UAE Banks Federation, …
UAE ranks second globally in customer trust: UAE Banks Federation
Under the guidance of the Central Bank of the UAE, the UBF works to support, accelerate and develop the digital transformation of UBF member banks …
UAE bank investments hit a record AED541 billion in February 2023
Securities accounted for the majority of bank investments at around 46 percent – or AED 248.9 billion UAE bank investments hit a record AED541 billion in February 2023 Bank Investments, UAE, UAE banks …
UAE tax: Corporate Tax begins on June 1, rules clarified
UAE has announced new rules when it comes to tax on individuals. UAE tax: Corporate Tax begins on June 1, rules clarified. business tax uae, corporate tax, tax news, uae income tax, uae news, uae tax.
UAE bank investments at all-time-high of $147.41bln in February
ABU DHABI – Bank investments in UAE hit AED541 billion by the end of February, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The report …
UAE bank investments at all-time-high of AED541 billion in February
Bank investments in UAE hit AED541 billion by the end of February, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The report, issued …
Dubai records over AED1.7 bn in realty transactions Thursday
Dubai real estate market recorded 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million, and 13 gift deals amounting to AED46.2 million on Thursday, data …
Islamic finance set to grow another 10% this year
The global Islamic finance industry is expected to continue its growth trend of around 10% in 2023, which is similar to the 9.4% asset growth seen in 2022 and driven by core markets in Gulf …
UAE participates in the Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development
United Arab Emirates: The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development …
Deposits in Dubai banks hits record high of $272b
Dubai banks breach 1 trillion dirhams barrier for first timeALBAWABA – Data issued by the Central Bank of the United Arab Emirates (UAE) Wednesday showed that deposits in Dubai banks struck a new …
Now Money aims to bridge financial inclusion gap for low-income UAE workers, co-founder says
Money’s digital banking solution empowers low-income earners in the UAE, bridging the financial inclusion gap Now Money aims to bridge financial inclusion gap for low-income UAE workers, co-founder …
UAE reveals major tax rule update for residents
The updates on the UAE corporate tax rules are expected to provide significant support to small businesses and start-ups. UAE reveals major tax rule update for residents. Corporate Tax, Tax, UAE.