UAE signed 146 agreements to avoid double taxation on income in 2024
The UAE signed 146 agreements to avoid double taxation on income by the end of 2024, as the country continues…
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Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt
Emirates NBD has clarified that its DirectRemit international money transfers to popular remittance countries — including India, Pakistan, Egypt, and…
Dubai Beckons: Bugatti Towers and Billion-Dollar Funds Emerge
The uncertainty triggered by the 12-day Israeli-Iranian war in the Arabian Gulf region appears to be over. Stock markets in…
Qatar’s payment system registers 54 million transactions worth QR15.280bn in May: QCB
Qatar’s payment system witnessed around 54.019 million transactions valued at QR15.280bn in May this year. In a post on…
Qatar National Bank suspends share buyback, to resume on July 10
Qatar National Bank Group said that in accordance with Qatar Financial Markets Authority regulations, QNB will not conduct its share…
UAE secures top sovereign credit ratings from major agencies
The UAE has received strong sovereign credit ratings from Fitch Ratings, S&P Global, and Moody’s Investors Service, reflecting international confidence…
Trade volume with Saudi Arabia up 65% to QR4.9 billion: Qatar Chamber
Qatar Chamber revealed that trade volume between the State of Qatar and the Kingdom of Saudi Arabia saw a 65…
Central Bank suspends new Islamic banking customers at UAE bank, imposes Dh3.5 million fine
The Central Bank of the UAE ordered a six-month suspension on new customer onboarding through the Islamic Window of a…
Oman’s finance and leasing sector supports economic diversification under Vision 2040
Sultanate of Oman financial services industry continues to play a central role in supporting the country’s long-term development strategy. …
Union Insurance takes further measures to strengthen its financial position
In line with the company's efforts to strengthen its financial position, Union Insurance has decided to offset accumulated losses by…
UAE Central Bank suspends bank's Islamic window from onboarding new customers for six months
The UAE Central Bank has suspended the Islamic window of a bank operating in the country from onboarding new customers…
Howden announces its entry into the Kingdom of Saudi Arabia to drive strategic growth opportunities
Howden has announced that it has received regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia.…