Tag: UAE

Emirates Islamic delivers record AED 1.7 billion profit in first half of 2024

- Emirates Islamic delivers record AED 1.7 billion profit in first half of 2024Total Assets surpass the AED 100 billion mark in 2024 Emirates Islamic achieved...

Ajman Bank posts highest ever first-half profit of Dh216 million

Ajman Bank achieved an all-time high half-yearly net profit of Dh216 million in the first half of 2024, up by 111 per cent, as...

UAE is third-largest US dollar debt issuer among emerging markets in H1 2024

The UAE was the third-largest US dollar debt issuer among emerging markets, excluding China, with a share of 8.9 per cent of the total...

Emirates NBD posts record Dh13.8 billion H1 profit

Dubai’s largest lender Emirates NBD announced on Thursday 12 per cent jump in half yearly profit to a record Dh13.8 billion, driven by increased...

Dubai offices see surge in pre-commitment as Indian, Chinese, European firms expand to UAE

The office sector in Dubai's real estate market is experiencing a significant uptick in pre-commitments for the first time as UAE has emerged as...

UAE: After Oman, will other GCC countries introduce personal income tax?

Oman is expected to roll out personal income tax, making it the first country in the GCC to do so, some time next year. This...

Is every free zone trader a qualified distributor to enjoy 0% tax?

The UAE corporate tax law applies to traders (persons who buy and sell the goods) unless they meet specific criteria for exemptions based on...

UAE, Saudi and Egypt start-ups secure most VC funding in H1

Start-ups in the UAE, Saudi Arabia and Egypt secured the most funding in the first half in Mena as the region’s venture capital landscape...

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Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...