Remittance costs through UAE exchange houses to see 15% hike
Remittance fees through UAE based exchange houses could see a 15 per cent increase. The industry grouping - Foreign…
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Abu Dhabi Exports Office partners with Mashreq and Abu Dhabi Commercial Bank to provide up to US$100mln in financing to BGN
Regional banks and their overseas affiliates may participate through the “accordion” feature Abu Dhabi Exports Office (ADEX), the export financing…
Mastercard and Al Baraka Bank partner to elevate banking experience in Egypt
In line with its commitment to providing the latest in digital payments, Al Baraka Bank announced its partnership with Mastercard,…
Saudi Awwal Bank proposes 9.8% dividend for H2 2023
The Riyadh-headquartered Saudi Awwal Bank (SAB) board of directors has recommended payment of a 9.8% cash dividend for the second…
PwC Middle East in Egypt hosts its annual tax and legal seminar
PwC Middle East in Egypt held its annual Tax and Legal seminar, under the theme “Navigating Tomorrow’s Opportunities”, hosting senior…
IDEMIA & Arab National Bank to launch payment card in Saudi Arabia
IDEMIA Secure Transactions (IST), a provider of payment and connectivity solutions, has partnered with arab national bank (anb), one of…
Commercial Bank International and Fuze sign breakthrough digital assets MoU
Commercial Bank International PJSC and Fuze have announced the signing of a Memorandum of Understanding. The agreement will allow…
United Arab Bank reports financial results for the full year ended 31st December 2023
Strong business momentum with double-digit growth in assets United Arab Bank P.J.S.C has reported its financial results for the full…
UAE, Saudi Arabia to see continued high net-worth migration on major visa, policy reforms
The UAE and Saudi Arabia are projected to see further increases in the number of high net-worth individuals relocating this…
ADGM joins International Forum of Independent Audit Regulators
Abu Dhabi Global Marke has announced that on 22 January 2024, the Registration Authority (RA) of ADGM became a member…
UAE Corporate Tax: Businesses need to maintain strict tabs on entertainment expenses
It is a common knowledge now that a company in the UAE would be allowed to deduct only 50 per…
Raffles Family Office and NCNE sign renewable energy agreement
Raffles Family Office, the private office of His Highness Sheikh Ali Rashed Ali Saeed Al Maktoum (HH Private Office), a…