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The Abu Dhabi-based group subscribed to 16 per cent of Adani Enterprises $2.5 billion further public offering (FPO); The company will continue to explore business opportunities in Europe, Africa, Asia, and South America in 2023
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The currency will remain under pressure ahead of IMF team visit to Islamabad to complete 9th review of $6 billion programme
Fujairah lender’s net profit recorded 195.3 per cent year-on-year growth at Dh340.4 million last year due to a solid turnaround supported by robust capital adequacy and sound improvement in asset quality
To support SMEs, there will be a zero per cent tax rate for taxable profits up to Dh375,000. The zero per cent threshold has been included in recognition of the vital role of start-ups and SMEs in the UAE’s economy, according to the spokesperson of Ministry of Finance
Aldar and Diamond Developers record over Dh1 billion in sales demonstrating high demand for sustainability-centric developments
The early registration period is available through the EmaraTax platform from January 2023 to May 2023 for certain categories of companies operating in the Emirates
A total of 350 real estate projects are currently being developed in the emirate and attract high net worth individuals and millionaires for investment in one of the growing economic sectors of the emirate
Ministry of Finance holds second session of corporate tax public awareness programme in Dubai
Sukuk issuance volumes will continue declining this year to total about $150 billion as high inflation prompted major central banks to accelerate interest rate increases. This has reduced global liquidity and made it more expensive
There are geopolitical factors in the region and around the world that influence the global energy map, according to the UAE Energy and Infrastructure Minister
