Banque Misr signs deal with Zammit to support micro, small businesses
Banque Misr has signed a cooperation protocol with the e-commerce platform Zammit to offer financial and non-financial solutions to micro…
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Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows between the…
UAE announces 3 new decisions relating to corporate tax
The UAE’s Ministry of Finance has announced three new decisions relating to corporate tax. The ministerial decisions clarify the conditions…
Abu Dhabi's Mubadala signs deals to acquire over 90% of Fortress equity from SoftBank
Abu Dhabi's Mubadala Investment Co., has signed "definitive agreements" to acquire 90.01% of the equity of Fortress Investment Group from…
NEOM firm exploring ‘uncharted territory’ to make world’s largest green hydrogen plant a reality: CEO
In a move to help Saudi Arabia achieve its sustainability goals, NEOM Green Hydrogen Co. is breaking new ground in…
UAE Corporate Tax: New update offers wide scope on investments made by individuals doing business
Since the announcement of UAE Corporate Tax on January 31, 2022, it has been a gradual realisation that this is…
Middle East can drive sustainable change through ‘Transition Investment’ Strategy: NYUAD report
UAE institutional investors should focus on transition investment as a new philosophy to further the United Nations Social Development Goals,…
3-year UAE work permit plan: FNC approves proposal
The Federal National Council — the UAE’s parliamentary body — has approved extending the duration of work permits from two…
Dubai’s debt burden to drop to 51% in 2023, says S&P Global
Dubai’s government debt load will decline as a share of GDP in 2023, S&P Global said in a report, citing…
ADNOC raises size of its logistics unit IPO on heavy demand
ADNOC Group has raised the size of its logistics unit’s initial public offering (IPO) to 19 per cent due to…
UAE has repeatedly shown climate leadership, says OPEC Secretary General
OPEC Secretary General, Haitham Al Ghais, stressed that the UAE has repeatedly shown climate leadership, particularly through its ‘Net Zero…
Mashreq Gears Up for a Far More Competitive and Dynamic UAE Wealth Market
When Hubbis met with Vipul Kapur, Head of Private Banking and Investment Products at Mashreq since 2017, he did not…