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Banking & Finance
Banking & Finance
Foreign banks in Dubai to pay 20 percent tax on annual taxable income
If the banks pay corporate tax, then this amount will be deducted from their total tax liability
Banking & Finance
Fintech accelerator programs: Paving the way for innovation and growth
Accelerating innovation, unveiling market trends and crafting business success
Banking & Finance
Dr. Saeeda Jaffar on Visa driving change in financial inclusion and beyond
Company fosters inclusivity worldwide by supporting women entrepreneurs and business leaders
Banking & Finance
Addressing business distress: ADGM’s robust restructuring landscape
New insolvency regulations create more streamlined processes
Banking & Finance
LEAP 2024: Takamol Holdings launches $53 million investment fund to empower tech startups
The initiative seeks to advance tech sectors in the Middle East and Africa
Banking & Finance
Emirates NBD provides answers to challenging economic questions
Report tackles investment opportunities, economic indicators, financial market insights
Banking & Finance
Challenges and disparities in women’s leadership roles in financial institutions
The gender gap prevails despite international dialogues
Banking & Finance
Abu Dhabi’s ADGM is region’s fastest growing financial center for two consecutive years
Assets Under Management grew by 35 percent with 102 asset managers operating in ADGM
Banking & Finance
GCC central bank governors announce annual banking conference in Doha
Conference to showcase GCC's financial progress and global role
Banking & Finance
e& enterprise rebrands UAE Trade Connect to ‘haifin’
haifin's consortium includes 13 banks and two fintech lenders
Banking & Finance
LEAP 2024: Saudi Arabia bolsters tech hub leadership with $888 million in deals
Investment funds and funding rounds to support innovation and tech entrepreneurship
Banking & Finance
New acceleration program for women-led startups launched in UAE
The program seeks to promote economic equality between genders
Banking & Finance
Key takeaways from the 18th EFG Hermes annual one-on-one conference opening session
Exploring the depth of FEM and the inherent potential of the region
Banking & Finance
ADGM hosts inaugural event for business community on Al Reem Island
The event aimed to connect with the business community on the island, following the tenfold expansion of its jurisdiction
Banking & Finance
Dubai’s Salik sees net profit soar to $80.31 million in Q4 2023
Fourth quarter net profit grew 15.9 percent versus the prior quarter
Banking & Finance
UAE’s ADNOC acquires 24.9 percent stake in Austria’s OMV
The transaction has increased UAE firm’s shareholdings in Borealis and Borouge
Banking & Finance
G20 FMCBG: Al Hussaini highlights UAE’s commitment to promoting financial inclusion and reducing inequalities
The minister highlighted the country's interest in strengthening economic and financial cooperation
Banking & Finance
ACWA Power net profit soars 8 percent to $443 million in 2023
The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024
Banking & Finance
Saudi Central bank net foreign assets rise by $2 billion in January 2024
The net foreign assets increased to 419.17 billion
Banking & Finance
WTO MC13: SMEs in developing countries face annual funding gap exceeding $5.2 trillion, report says
Formal SMES are key contributors to national income and job creation
Banking & Finance
FAB targets $81.68 million annual revenues from China operations by 2026
FAB seeks to triple revenues and strengthened bilateral ties with China
Banking & Finance
Dubai Islamic Bank issues landmark $1 billion sustainable sukuk
An over-subscription of 2.5 times demonstrates investor trust in the lender
Banking & Finance
Mashreq closes $88 million syndicated term loan facility for joint-stock commercial bank ‘Agrobank’
This transaction holds significance as it marks the debut of a state-owned bank from Uzbekistan in the MENA region.
Banking & Finance
QIA to invest $1 billion to support local and regional entrepreneurs
Fund aims to foster a thriving VC community, generate market-level commercial returns
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