The introduction of the Taxpayer Charter is part of the FTA’s broader efforts to enhance taxpayer awareness about the UAE tax system
Addressing the Atlantic Council, Georgieva highlighted the pandemic’s lingering effects, including a staggering $3.3tn in global output losses since 2020, with vulnerable nations disproportionately impacted
The world’s biggest and best-known cryptocurrency is down 16.2 per cent from the year’s high of $73,794 on March 14
The construction of Terminal 6 will be executed in two phases, with Phase I already underway and expected to be completed by 2025
In ADX, five large direct deals were executed on 243.4 million shares, amounting to Dhs683.3m
The development bank has set an ambitious target of providing Dhs30bn in financing support to 13,500 companies by 2026.
The Eid Al Fitr holiday will start on Monday, April 8, 2024 (Ramadan 29, 1445 AH)
When it comes to expanding globally from a UAE base, the complexity of tax regulations across different jurisdictions can pose significant hurdles
The Saudi Exchange played a pivotal role in facilitating more than SAR11.9bn ($3.2bn) raised through IPOs on the Main Market in 2023
The IPO involved the offering of 24,549,600 shares, constituting 30 per cent of the company’s issued share capital
Avanse, India’s second-largest NBFC in the education finance sector, provides hyper-personalised education financing solutions to students
In the absence of a well-structured will or trust, beneficiaries in the UAE could encounter several challenges
Public-private partnerships exemplify such collaboration, with government support bolstering confidence among private investors and financial entities to co-invest in NbS projects
By April 2025, a revamped tax regime will take effect, stipulating that all foreign income and gains will become taxable after just four years of UK residence
The funding comes after a year of significant growth for Moove that saw the company increase its annual recurring revenue to more than $115m
The world’s most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds
Another important consideration regarding pension allocation and savings for retirement is that women face a higher probability of retiring early
Financial literacy empowers women to cultivate a habit of regular savings and investing, and it starts with keeping track of expenses and budgeting
A total of 102 asset managers, comprising investment firms and hedge funds, who manage 141 funds have set up shop in Abu Dhabi
The new MoU reaffirms the UAE’s commitment to tackling financial crime through enhanced cooperation, training and innovation in combating these evolving threats
We explore how private markets can boost your retirement portfolio
The sukuk marks the lowest-ever credit spread achieved by DIB and the largest sustainable issuance by a regional financial institution in nearly a year
The fund aims to close the current funding gap that exists for local and regional entrepreneurs
The project is expected to create significant job opportunities, attract further foreign investment, and contribute to the North African country’s tourism and economic growth potential
Saudi Arabia’s Minister of Investment, Khalid Al-Falih shared these milestones at the third Saudi Capital Market Forum in Riyadh on February 19
Three customers depositing at least Dhs500,000 into their current or savings accounts have the opportunity to win Dhs1m each
The platform currently links 108 out of 120 Arab banks signed up, with a target of 160 by the end of 2024
Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires
The bank’s non-interest income reached Dhs3.1bn in 2023, up 13 per cent compared to the previous year
Bond investors are presented with the opportunity to lock in one of the highest yields in more than ten years