ADIB launches UAE’s first long-term, fixed-rate home finance
Abu Dhabi Islamic Bank announced the launch of its new product, ‘Istikrar’, the UAE’s first long-term, fixed-rate home finance. …
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Saudi Arabia and Turkey sign agreements on energy, defence and other fields
Saudi Arabia and Turkey signed a number of memorandums of understanding in many fields including energy, direct investments and defence,…
How GCC wealth funds are fuelling growth and prosperity
The region’s sovereign investors are broadening their investments in various sectors including healthcare, technology, private equity and hedge funds as…
For UAE corporate tax for free-zone companies, what constitutes ‘adequate substance’?
Discussions on the 0 per cent tax rate for free zone companies has focused on qualifying income (QI), qualifying activities…
Al Ahly Pharos Investment Banking conclude EGP 15bln for New Urban Communities Authority’s first Securitization Issuance
Al-Ahly Pharos investment banking a subsidiaries of Al-Ahly Financial Services Group, which represents the integrated investment arm of the National…
Wages payment through WPS grew 10% to RO4.4bn in 2022
The total value of wages payment processed through OmanÕs Wage Protection System increased 10% to RO4.4bn in 2022 as compared…
Bank Muscat updates its e-services to align with the new RTGS system
Continuing its efforts to keep up with the latest developments in the banking sector, and to enhance the quality of…
Gulf Bank announces Sharefa as the 20th AlDanah millionaire
Following long moments of anticipation, amid a wide audience watching at the screens to discover the name of next millionaire,…
UAE jobs: Hiring increases in local market, jobseekers demand more flexibility
Hiring has increased in the UAE after declining at the beginning of the year amidst the correction phase of the…
Sheikh Hamdan reviews Dubai’s H1 2023 economic progress
Dubai’s economy recorded strong growth across various sectors in the first half of 2023, driven by the objectives of the…
UAE has made significant progress in combatting financial crime – Hamid AlZaabi
Hamid AlZaabi, the founding Director General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing, shares with Zawya…
UAE builds position as global financial hub
Arnaud Leclercq, Partner Holding Privé, Head of New Markets at Lombard Odier, one of the world’s oldest private banks, believes…