Can GCC VAT Hikes Offset Covid-19’s Fiscal Impact?
Emergency tax measures introduced in the region include the extension by several months of due dates for filing tax returns, the reduction or elimination...
10 Largest Mutual Fund Companies Manage $36 Trillion in Assets, 69%...
The mutual fund companies have been growing over recent years by amassing assets in trillions as they continue to appeal to investors. The growth...
The World’s Biggest Sovereign Wealth Funds
The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world. According to data from the SWF Institute, the...
“Low Visibility Ahead”: Emirates NBD Investment Outlook 2022
Emirates NBD, one of the leading banking groups in the (MENAT) Middle East, North Africa and Turkey region, has released its global investment outlook...
PayBy App Facilitates Contactless Payment for Government Services
PayBy joins Abu Dhabi Pay, the digital payment platform for Abu Dhabi government services
Partnership simplifies digital payment mechanisms for customers and businesses
The Abu Dhabi...
National Bonds: Savings Culture on Rise in the UAE
A shift in savings behavior leads to one of the most profitable years for National Bonds
Eight new millionaires were created in 2021, and savers...
Bahrain Financial Harbour repays US$134M Sukuk facility
Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHCâ€), whose owners, Emar Bahrain (“Emarâ€), agreed to purchase Gulf Finance House’s (“GFHâ€) 49.88% investment in BFHHC...
Real estate and construction sector recorded highe value in DFM’s December...
Dubai Financial Market (DFM) overall performance decreased by 7.1% to reach 1803.58 points the end of December 2009 compared to 1940.36 points at the...
Ministry of Finance Announces 2nd Auction of Federal Treasury Bonds
The second auction is part of the AED 9 billion T-Bonds issuance program for 2022.
Bonds amounting to AED 750 million will be offered for...
A New Breed of Finance Leader is Embracing Cryptocurrency
Cryptocurrencies are notoriously volatile and poorly understood in mainstream markets. Yet there is little doubt that digital money and the blockchain will have a...
Regional Trading Negative despite Global Markets Positive Sentiments
Global equity markets continued the positive trajectory for the second consecutive week as investors turned positive on containment hopes of the new coronavirus. However,...
Dubai International Financial Centre Receives FinX FinTech Hub of the Year...
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector
Dynamic and robust FinTech...
Upcoming corporate earnings announcements will influence regional markets
The global markets continued the positive momentum during the week on the back of optimism over a positive outcome from US-China trade talks. Trade...
Oil & Gold in the Investor’s Spotlight in 2022
Not only commodities markets but also the derived financial and capital markets are undergoing a wave of revived interest by both long-term investors and...
Binance Signs Deal with Dubai World Trade Centre
Binance, the world's leading blockchain and cryptocurrency infrastructure provider, and the Dubai World Trade Centre Authority (DWTCA) have signed a cooperation agreement to help...
Emirates NBD Launches New Digital Wealth Offering
Digital wealth offering enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
Customers can digitally open an...
UAE – A Forerunner in Development of AML Systems; Business Sector...
Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures.
The Ministry of Economy (MoE) held an extensive media briefing on the system...
FAB Implements Support Measures In Response To COVID-19
FAB launches additional financial relief initiatives in a series of clear and decisive actions to safeguard the wellbeing of customers and employees during...