Expats in the UAE: understanding the new tax residence rules
The United Arab Emirates has long enjoyed a reputation as a tax-efficient destination for both individuals and businesses. Its…
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Julius Baer announces appointment of Kunal Sumaya as Market Head Global NRI
Julius Baer has promoted Kunal Sumaya to Market Head Global NRI (Non-Resident Indians), effective 1 January 2024. He will continue…
Julius Baer 2023 family barometer
Julius Baer’s 2023 Family Barometer shows that the "Rising Generation”(aged between 18 and 40), is ready to take on more…
3.5MW solar plant financed by Abu Dhabi Fund for Development inaugurated in Somalia
Abu Dhabi Fund for Development financed a solar energy project in Somalia which was inaugurated recently. With a production capacity…
Khaleeji Bank signs partnership agreement with Naseej
Khaleeji Bank has recently announced a partnership contract with Naseej, a leading Bahraini real estate development company. The contract will…
Saudi EXIM and Banque Saudi Fransi collaborate to enhance SME export funding
Small and medium-sized enterprises involved in exports can expect easy access to funding, following a collaboration between the Saudi EXIM…
Jordan Ahli Bank taps Fintech Galaxy to comply with open banking standards
Jordan Ahli Bank has partnered with Fintech Galaxy to leverage its Finx platform and comply with open banking and open…
Network International Joins Forces With Visa to Introduce Instalments Solution to UAE Merchants
Network International, the digital commerce enabler across the Middle East and Africa (MEA) region, has joined forces with Visa, the…
Binance to pay billions in US in money laundering case, CEO resigns
Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the…
Billionaire Chanel Dynasty's Family Office Hires Former UAE Fund Boss
David Yang, a former executive for the United Arab Emirates’ biggest sovereign wealth fund, has joined the multibillion-dollar investment firm…
Citi announces the appointment of Carmen Haddad as Vice Chair, Middle East Wealth and Banking
Citi has announced the appointment of Carmen Haddad as Vice Chair, Middle East Wealth and Banking. Carmen will transition her…
Lunate and BNY Mellon to Invest in New Wealth Technology Company
Abu Dhabi based company will meet the growing needs of wealth and asset managers in the Middle East for an…