Most mortgage buyers of UAE off-plan property saw values falling in 2020 – survey
Off-plan property values fell for the majority of home loan borrowers in 2020, with 88 percent seeing valuations below the…
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Abu Dhabi research centre to build UAE’s first quantum computer
A research centre in Abu Dhabi will make the UAE’s first quantum computer, in what will be an important milestone…
MMA invites The National Bank of Ras Al Khaimah to become the first bank in the UAE to join as a board member to accelerate its digital transformation in mobile banking
The National Bank of Ras Al Khaimah, RAKBANK joins the Mobile Marketing Association as one of the local players in…
UAE to invest $10bn with Indonesia sovereign wealth fund
The UAE said it will invest $10 billion with Indonesia’s sovereign wealth fund as the two countries strengthen commercial ties.…
UAE Banks Federation's General Assembly approves strategic objectives, action plan for 2021
UAE Banks Federation held its General Assembly Meeting via videoconferencing and approved strategic objectives and action plan for the year…
IMF urges Bahrain to implement fiscal reforms, contain rising public debt
The International Monetary Fund urged Bahrain to implement fiscal reforms and lower its public debt, which increased sharply last year…
JTC appoints private client head of Middle East office
JTC has appointed Naro Zimmerman as director and head of its Dubai office for private client services. Previously a…
ADNIC shareholders to get $54mln dividends as UAE insurer's profits rise 30%
UAE insurer Abu Dhabi National Insurance Company is set to distribute 199.5 million dirhams ($54 million) in cash dividends for…
Dubai expects to net Dh4b in freehold property service charges through 'Mollak'
Dubai expects Dh4 billion in property service charges to be routed through the electronic payment system ‘Mollak’ and help raise…
Businesses need to be VAT ready: Experts
Businesses need to be ready for Value Added Tax. The General Tax Authority has always mentioned that they would give…
Dubai Eyes Its Second IPO in Three Years With Tristar Listing
Middle Eastern logistics firm Tristar Transport is looking to raise gross primary proceeds of between $120 million and $160 million…
Middle East CEOs view cyber attacks as serious security concern, says PwC survey
Overall 74% of respondents regarded cyber attacks and leaks as worrying threats to growth in 2021 Middle East CEOs…