UAE

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

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UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

UAE Raises US Treasury Holdings by $6 Billion to $116.1 Billion in August

The UAE increased its holdings of US Treasury securities to $116.1 billion at the end of August from $110.1 billion in July, while Saudi Arabia trimmed its position to $141.2 billion, US Treasury data showed.

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

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Understand Credit Card Interest UAE

Most people swipe their credit card or tap their phone without thinking. However, many misunderstand how credit card interest in the UAE really works....

Emirates Group Profit Hits Record High

Emirates Group profit reached a record level, confirming its strong position in global aviation. The group earned AED21.2 billion ($5.8 billion) in pre-tax profit....

UAE Pistachio Chocolate Sales Boost Dubai Duty Free Revenue

Dubai Duty Free recorded a major jump in revenue last month, driven by pistachio chocolate bar sales. These viral treats, known for their pistachio-filled Kunafa...

UAE Real Estate Tax Rules Receive Fresh Clarification

The UAE real estate tax rules have been clarified to offer investors better guidance. Authorities issued a public explanation of how Corporate Tax applies to real...

UAE Leads Crypto Finance Growth with Fintech Innovation

The UAE leads a global shift in finance, and digital innovation fuels crypto finance growth in the country. The country continues to attract record...

GCC tax shift drives fiscal sustainability

The GCC tax shift marks a new era in the region’s economic strategy. Gulf countries now prioritize fiscal stability and long-term growth. Previously known for low taxes,...

UAE tax updates boost business confidence

The UAE and Saudi Arabia introduced new UAE tax updates this week to help businesses manage penalties. These steps aim to ease burdens and support company...

UAE stablecoin use set to rise with digital payments shift

The UAE moves quickly to adopt digital finance solutions. UAE stablecoin use will likely transform everyday transactions. Digital currency may soon reshape payment systems,...

UAE: ADX General Index Climbs Amid Strong Earnings and Investor Optimism

ADX General Index recorded a solid gain, climbing to 9,527.50 points with a 0.63% increase. This growth highlights rising investor confidence and reflects the...

UAE Corporate Tax Waiver Eases Business Compliance

The UAE Ministry of Finance has launched a new plan to ease business compliance. The initiative allows eligible firms to benefit from a corporate tax...

Dubai Gold Prices Fall Below Dh400 as Global Rates Dip

Gold prices in Dubai started the week on a lower note, dropping below Dh400 per gram. Early in the day, the 24K gold variant...

UAE Startup CAFU Plans Stake Sale to Boost Growth

CAFU stake sale plans are moving forward as the UAE-based fuel delivery operator seeks to raise fresh funds. CAFU, working with Lazard, hopes to...