The G20 members, invited countries, and international organisations such as the International Finance Corporation (IFC) also attended the meeting …
UBS Dubai Taps Credit Suisse Bankers to Target Wealthy Indians
UBS Group AG in Dubai is hiring a group of private bankers from rival Credit Suisse Group AG as the Swiss lender continues to expand its Gulf business that caters to India’s wealthy diaspora.
Dubai real estate market records property deals worth AED1.7bn on Tuesday
The property deals on Tuesday included 517 sales transactions worth AED1.12 billion, 81 mortgage deals of AED538.23 million and 10 gift deals amounting to AED92.48 million Dubai real estate market …
UAE Central Bank releases new rules to stop money laundering
The UAE Central Bank has released new rules for licensed economic organizations, as well as banks, finance businesses, exchange houses and insurance …
GCCs IPO pipeline remains strong this year
The pipeline looks very strong as both governments and private companies are keen to sell equity while there is strong interest in the region …
UAE Ministry of Finance signs MoU with DFZC on exchange of information
Under this MoU, DFZC will provide the necessary tax information to the Ministry of Finance UAE Ministry of Finance signs MoU with DFZC on exchange of information Dubai, Dubai Free Zones Council, …
Fidelity Bank rewards outstanding agents in ‘Yenko Dubai’ promo
The largest privately-owned bank and pioneer of Agency Banking, Fidelity Bank Ghana has recently rewarded the winners of its maiden Agents promotion campaign dubbed Yenko Dubai.
Dubai Financial Market-listed companies dazzle the Big Apple in a roadshow
A two-day international roadshow, organised by DFM and Bank of America, witnessed 35 institutions conduct 82 meetings with the 10 Dubai companies Dubai Financial Market-listed companies dazzle the Big …
UAE Ministry of Finance signs MoU with Dubai Free Zones Council
The Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with the Dubai Free Zones Council (DFZC) on the exchange of information for tax pu..
UAE: Ministry of Finance, Dubai Free Zones Council to share information for tax purposes
The MoU, signed today in Dubai, aligns with the regulations and standards adopted by the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).
UAE mortgage refinance in 2023: 3 out of 4 homeowners on variable rates went for a remortgage in Q4 2022 in the UAE
In order to tame the growing inflation, the UAE Central Bank (following the FED) has increased its EIBOR (in other words: the UAE Interbank rate) by 4.5% in a 12-month period, which made it the …
Dubai records over $599mln in realty transactions Monday
DUBAI – Dubai real estate market recorded 425 sales transactions worth AED1.23 billion, in addition to 114 mortgage deals of AED965.96 million, and 17 gift deals amounting to AED72.5 million on Monday …
UAE’s MAF replaces CEO Bejjani in leadership shake up
Emirati conglomerate Majid Al Futtaim Holding (MAF)chose long-time insider Ahmed Galal Ismail as chief executive, replacing Alain Bejjani after eight years in the role, in a shake up more than a year …
Mashreq acquires digital banking license to commence operations in Pakistan
With the beginning of digital banking operations, Mashreq will introduce bankers and engineers as well as its Neo banking capabilities to address the evolving customers’ needs i …
Seriously? The 3AC hedge fund bros are raising $25M for a new crypto exchange
After burning Three Arrows Capital investors, fugitives Kyle Davies and Su Zhu want money to start an exchange for crypto bankruptcy claims.
John Kerry backs UAE oil chief to oversee U.N. climate talks
U.S. climate envoy John Kerry backs the United Arab Emirates’ decision to appoint the CEO of a state-run oil company to preside over the upcoming U.N. climate negotiations in Dubai, citing his work on …
Ministry of Finance holds 2nd session of ‘Corporate Tax Public Awareness Programme’ in Dubai
The Ministry of Finance (MoF) held the second session of its Corporate Tax Public Awareness Programme today in Dubai with participation of leaders from the Ministry, the Federal Tax Authority (FTA), …