Sheikh Hamdan bin Rashid Al Maktoum, who was also deputy Dubai ruler, served as finance minister for several decades and was known for his charity work and race horse ownership. Longtime Emirati …
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Dubai to host region’s first Cybertech Global event
Cybertech Global Dubai will offer a wide spectrum of sessions and events covering Artificial Intelligence (AI), advanced IoT, big data, cloud, and blockchain across a number of different sectors …
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Saudi Tadawul on IPO path, one among many mega listings on the exchange in 2021
Saudi Arabia’s bourse, Tadawul, has invited banks to pitch for roles in its highly-anticipated flotation. Building on a massive 2020, Tadawul will attract more mega listings this …
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Good news for job seekers: UAE firms start hiring again
Study says job market is gradually reviving with the help of recent medical developments and constant safety measures …
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Dubai Waste Management Co secures finance for mega renewable electricity project
The consortium behind Dubai Waste Management Company has secured a project finance for its mega renewable electricity project. Belgian construction giant Besix, who is a member of DWMC, said that the …
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Salary Income Of Indians In Gulf Exempt From Income Tax: Finance Minister
Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
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Salary earned by Indian workers in Gulf exempt from tax: Finance minister
FM Sitharaman clarified that NRI workers in Saudi, UAE and Qatar will not face any altered tax liability. (File photo) NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday clarified …
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Salary income of Indian workers in Gulf exempt from I-T: Union Finance Minister Nirmala Sitharaman
Quoting a tweet of TMC MP Mahua Moitra, Sitharaman clarified that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/UAE/Oman/Qatar. The minister said the …
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Barbeque Nation finalises IPO share allotment today; check the status via these 2 options
The Rs 453-crore initial public offering of Barbeque Nation opened from March 24-26 and was subscribed almost six times.
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UAE finance minister Sheikh Hamdan passes away
The deputy ruler of Dubai and UAE finance minister, Sheikh Hamdan Bin Rashid Al Maktoum, passed away Wednesday morning. The news was shared by UAE Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum …
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Dubai Deputy Ruler Sheikh Hamdan Bin Rashid was also the longest-serving finance minister in the world
Five decades of leadership leaves behind an unmatched legacy of economic reforms Dubai: Sheikh Hamdan Bin Rashid Al Maktoum, the UAE’s finance minister for the past five decades, who was the longest …
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Danish Court Rules in Favor of Pre-Trial Detention for Hedge-Fund Trader Sanjay Shah
A Danish court has ruled that hedge-fund trader Sanjay Shah and an associate should be … paves the way for Denmark to seek formal extradition of Shah, who lives in Dubai, and his alleged accomplice, …
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Pakistani rupee strengthens to nearly 41 vs UAE dirham
Pakistan rupee rose to nearly 41 against the UAE dirham on Wednesday after Islamabad raised $ … Hamad Azhar, Pakistan’s finance minister, said rupee currency is standing on its own without the …
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ALVAREZ & MARSAL 2020 UAE banking pulse expects the sector to rise in 2021
Leading global professional services firm Alvarez &Marsal (A&M) has released its latest UAE Banking Pulse for FY 2020. The report suggests that while the operating environment for the UAE’s banking …
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Barbeque Nation IPO allotment status: Here is how to check your shares
The Barbeque-Nation Hospitality IPO was subscribed 5.98 times and the shares will now get allotted to investors. Here’s how to check if you have been allotted the shares.
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Dubai: 87% residents positive about getting a job this year
Mohammed Ali Rashed Lootah, CEO of the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy, credited “improvements in personal finance conditions of consumers” for the rise.
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Saudi Arabia’s bourse invites banks to pitch for roles in its upcoming IPO – sources
Saudi Arabia’s bourse, Tadawul, has invited banks to pitch for roles in its highly-anticipated flotation, three sources told Reuters on Wednesday. Tadawul hired HSBC in 2016 to manage an IPO initially …
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