The UAE has called on certain taxpayers to submit applications before the end of this week in order to avoid paying fines.
UAE’s Mubadala agrees to take CI Financial private in $8.7B deal
CI Financial (OTCPK:CIXXF) entered an agreement to be acquired by an affiliate of Mubadala Capital in deal that implies an enterprise value of ~C$12.1B (US $8.67B), the company said on Monday.
UAE bank lending rises but profits hit by impairment charges
Net income down 5.5% in Q3 Big increase in impairment charges Retail lending drives activity The aggregate net income of UAE banks dropped 5.5 percent in the third quarter of this year, as …
UAE approves record 2025 budget with balanced $19.5bn revenues and expenditure
The UAE has approved a balanced budget for the next financial year with revenues and expenditure of AED71.5bn ($19.5bn).
Digital Dubai hosts Dubai Data and Statistics Partners Forum
Recognising the vital role of partnership and ongoing collaboration in harnessing data’s full potential in the digital age, Digital Dubai hosted today the Dubai Data and Statistics Partners Forum unde …
Alvarez & Marsal reports slower loan growth and increased deposits for UAE banks in Q3 2024
Overall cost efficiency deteriorated as banks increase spending on digitalization initiatives.
Dubai Real Estate Corporation sets budget for 2025 after revenues leap 28%; portfolio reaches 55,000 units
Dubai Real Estate Corporation has set a budget for the year ahead after seeing revenues rise by 28 per cent and residential and commercial portfolio reach 55,000 units.
EDB, Ajman Bank to drive SME financing and innovation in UAE
Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, and Ajman Bank, one of the leading …
EDB, Ajman Bank to drive SME financing and innovation in UAE
Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, and Ajman Bank, one of the leading …
Commercial Bank International partners with areeba to enhance fintech payment solutions in the UAE
First UAE bank to collaborate with areeba, bringing secure, efficient payment infrastructure to local fintechs …
Commercial Bank International partners with areeba to enhance fintech payment solutions in the UAE
First UAE bank to collaborate with areeba, bringing secure, efficient payment infrastructure to local fintechs …
Emirates Development Bank and Ajman Bank partner to drive SME financing and innovation in UAE
The collaboration focuses on enhancing the financial inclusion of SMEs and providing them with crucial access to finance …
Nasdaq Dubai welcomes $2bln bonds by China; accumulative bond listings hit $42bln
One tranche holds a three-year tenor and stands at $1.25bln, while the second one will mature in five years with a value of $750mln …
Grant Thornton UAE appoints first Emirati partner to advisory practice
Dana Al Yazeedi, a UAE national, joins the advisory practice at Grant Thornton UAE and brings over 14 years of experience in Internal Audit, Risk Management, and Corporate Governance across …
“India Global Forum’s mission more relevant than ever,” says Finance Minister Nirmala Sitharaman ahead of IGF Middle East and Africa 2024
Ahead of India Global Forum’s (IGF) flagship Middle East & Africa 2024 (ME & A 2024) in Dubai on Monday, 25 November, Finance Minister Nirmala Sitharaman commended the role of the organisation in …
Saudi edges UAE for IB fees as battle heats up: IFR
Saudi Arabia and the United Arab Emirates are in another tight race this year to be the top Middle East country for investment banking fees on the back of a surge in debt underwriting and robust IPO …
Israel Says Rabbi Found Dead in U.A.E. Was Abducted and Killed
Israeli-Moldovan citizen Zvi Kogan, 28, went missing from Dubai on Thursday afternoon, prompting an investigation by Israel’s Mossad spy agency after suspicions were raised that he was abducted in an …