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Tag: ipo

Posted on 10/04/2019

UAE-Saudi pact on no double taxation takes effect

The UAE, represented by the Ministry of Finance, MoF, signed the agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
( read original story …)


Posted on 10/04/2019

Double taxation agreement between UAE and Saudi Arabia comes into effect

The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
( read original story …)


Posted on 09/04/2019

Dubai’s “Quranic Park” draws on Islam’s holy text

DUBAI, April 9 (Reuters) – A new park that uses gardens and landscaping to tell stories from Islam’s sacred text has opened in Dubai, offering locals and tourists a day out with a religious twist. …
( read original story …)


Posted on 09/04/2019

Dubai International Financial Centre Builds Bridges between US, European and Middle East FinTechs with New Residency Programme

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, today launched a residency programme at LendIt FinTech …
( read original story …)


Posted on 08/04/2019

UAE’s Finablr set to launch London IPO on Tuesday: sources

ABU DHABI/DUBAI (Reuters) – United Arab Emirates-based payments and … The plan comes after its rival firm Network International’s IPO drew strong demand from investors in a potential deal that could …
( read original story …)


Posted on 08/04/2019

Video: Does Careem deal show Uber may be overvalued at IPO?

Uber may be ‘overvalued’ at its upcoming initial public offering (IPO), given the majority stock portion of its $3.1 billion acquisition of Dubai ride-hailing app Careem, according to a partner at …
( read original story …)


Posted on 08/04/2019

Now you can do banking through WhatsApp in UAE

UAE banks are continuing to set the bar when it comes to technology adoption in the region, with a new focus on offering customer services through social media apps. Dubai’s largest bank, Emirates NBD …
( read original story …)


Posted on 07/04/2019

UAE-Saudi double tax avoidance agreement to lift trade, investment

Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 …
( read original story …)


Posted on 07/04/2019

UAE, Saudi Arabia agreement on avoidance of double taxation comes into effect

The UAE, represented by the Ministry of Finance, MoF, signed the agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion …
( read original story …)


Posted on 07/04/2019

Dubai Islamic Bank Considers Acquiring Noor Bank, Sources Say

Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank PJSC, people with knowledge of the talks said. The bank has held …
( read original story …)


Posted on 07/04/2019

UAE- DGCX’s Spot Gold Contract receives Shari’ah certification

and greatly reflect the growing potential of Islamic finance across the UAE and wider GCC region.” Professor Yousef Abdullah Al Shubaily, Shari’ah Advisor, Minhaj Advisory, said, “Our vision is to …
( read original story …)


Posted on 07/04/2019

Double taxation agreement between the UAE and Saudi Arabia comes into effect

The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
( read original story …)


Posted on 07/04/2019

UAE ranks first in the region representing 36% of the total FDI flow to the Arab countries

FDIs in this sector amounted to nearly 28.4 billion dollars, with total foreign direct investment amounting to 23.8% in the UAE. Financial and insurance activities amounted to 23 billion dollars, with …
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Posted on 07/04/2019

UAE- The Maritime Standard launches 2019 Awards

Dubai-based publisher and events organiser … shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter, which celebrated the publication …
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Posted on 07/04/2019

Banking is now just a WhatsApp away for Emirates NBD customers

Dubai: Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution, a first in the region. Enhancing the bank’s award-winning …
( read original story …)


Posted on 07/04/2019

Emirates Islamic becomes world’s first Islamic bank to launch banking via WhatsApp

Dubai: Emirates Islamic has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to …
( read original story …)


Posted on 07/04/2019

Hedge funds: Managers promise market-beating returns, but watch out for those fees

At the same time, hedge funds need to be able to beat the market, Zachary Cefaratti, CEO of Dalma Capital, a Dubai-based hedge fund management company, says. “The primary goal of any hedge fund is to …
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