Gold Demand in 2018 Gets off to Quiet Start as Investment...
Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a...
Financial Literacy for Individuals Becomes a Priority in UAE
UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’
Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...
UAE Investors Invest US$16 Billion In Foreign Countries In 2016
The UAE International Investors Council, UAEIIC, today said that the UAE investors invested US$16 billion in foreign countries in 2016.
The semi-government institution, which works...
DIFC Named Best ‘International Finance Centre’
Dubai International Financial Centre (DIFC) has received the ‘International Finance Centre’ award at the WealthBriefing European Awards 2018, reinforcing its position as the leading...
Trust in UAE Banking Sector Remains High at 68%
Trust Index Survey 2017 reveals consumer confidence remains steady and robust, with 93% of UAE retail banking customers satisfied with the performance of...
First Home-grown Wholesale Islamic Bank to Open in DIFC
Dubai Investments PJSC , the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors...
Emirates Set to Close US$600 Million Sukuk
Emirates is pleased to announce a successful execution of a US$600 million sukuk (Islamic finance issuance). The issuance received a good response from both...
UAE Expats Sent Home AED164.3 Billion in 2017
Expats remittances from the UAE amounted to AED164.3 billion during 2017, a growth of 2.2 percent from AED160.8 billion in 2016.
According to a report...
VAT Registration Easy Through e-Services Portal, FTA Claims
The Federal Tax Authority (FTA) reaffirmed that registering for Value Added Tax (VAT) can be done in three easy steps through the e-Services portal...
’The Wealth Report City Series – Dubai Edition’ Unveiled
To coincide with the launch of the 2018 Knight Frank Wealth Report, which provides the global perspective on prime property and wealth, Knight Frank...
Emirates to Mandate Banks for Investor Meetings
Emirates, the world’s largest international airline, has mandated Citi and Standard Chartered Bank as Global Coordinators and Joint Lead Managers, along with Abu Dhabi...
FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet
In support of the UAE’s goal to become a cashless economy, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...
Nasdaq Dubai Launches Futures On ADX Share Index
Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange, ADX, and Hamed Ali, Chief Executive of Nasdaq Dubai, rang the ADX market opening...
FAB launches its Global Investment Outlook 2018
The bank is bullish on equities for 2018, although expects increased volatility
First Abu Dhabi Bank (FAB), the UAE’s largest bank, and one of the...
Global Financial Markets See Short Term Prosperity; Long-Term Challenges
Recent economic growth and the rise of equity markets suggest optimism for the future of global finance
Brexit negotiations, questions about the dollar...
Cryptocurrencies See Short Term Bubble; Long Term Staying Power
The valuations and varieties of crypto-assets now available have raised fears of an overheated market
However, with smart regulation and further innovation, crypto-assets...
VAT Calculator, Tax Registration Number Verification Service Now Online
The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering.
The Federal Tax Authority...
EMAAR DEVELOPMENT Now Included into DFM General Index
Dubai Financial Market announced that the shares of EMAAR DEVELOPMENT will be added to its general index (DFMGI) and to sector indices as of...