The UAE central bank said Islamic bank’s gross assets increased by 7.31 per cent in Q1 2023, equivalent to Dhs44.3bn
Plug and Play is in talks with Jada to help kick-start the domestic venture capital industry
The inclusion of private joint-stock firms in the local markets helps companies access a large capital base
The financial literacy gap is partly driven by a younger demographic entering the capital market
The alliance aims to offer flexible and cost effective secure authentication solutions for PayTabs merchants, banks and processors
The unsecured loan facility is expected to have a positive impact on the company’s cash flow profile while providing funds to execute growth strategy
The move by the Fed to leave its benchmark rate unchanged suggests that higher borrowing costs have made some progress in slowing inflation
The central bank said savings deposits in the UAE banking sector jumped 4.7 per cent year-on-year compared to Dhs251.3bn in March 2022
The proceeds from debut green bonds will be used to finance projects eligible under CBD’s Sustainable Financing Framework
The toll operator has advised the public to exercise caution and vigilance when being targeted by such offers
The integrated platform will serve both B2C and B2B markets seamlessly, enabling instant instalment options
The foundation founded by George Soros donates money to humanitarian and democratic causes ranging from criminal justice reform to climate change initiatives
Month over month, bank investments jumped 1.3 per cent from Dhs541.4bn in February
Data shows that ETF issuers are losing tolerance for ESG as closures surge
Economic substance refers to the tangible and real economic activity that a company carries out
The investment firm reached a deal to pay 400 pence per share in cash, which represents a premium of about 64 per cent to Network’s closing price on April 12
The agreement will enable remote access for the exchanges’ respective brokerage companies through Tabadul
The package offers a variety of features and incentives that can help SMEs save money and get help with tax compliance
The SCA board approved the decision to exempt the fee for this year for companies planning to list their sustainability-linked bond or sukuk
The AccelerateHER network has successfully mentored over 100 women through more than 200 mentorship pairings and 120 workshops
DIB alt brings together more than 135 digital services via the DIB Mobile App, online banking, WhatsApp and ATMs
The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth
The government said qualifying entities in the country’s economic free zones will be subject to a 0 per cent rate
The deals come as part of the bank’s mandate to approve Dhs30bn in funding support to companies in the UAE within five key focus sectors
The central bank’s guidance highlights the risks of dealing with virtual assets and virtual asset service providers and their business models
The company will continue to pursue the IPO of Olam Agri at the next practical window without providing any approximate time frame
The milling company said big investors placed orders worth SAR68.8bn, almost 69 times more than was available to them
Wall Street sees more weakness ahead for the lira, with Morgan Stanley warning that it may reach 26 per dollar sooner than earlier expected and slide toward to 28 by the end of the year
The futures contracts will help investors effectively hedge against market volatility and make profitable trades
The two countries agreed to strengthen their cooperation and exchange knowledge, experiences and best practices in the field of tax policy