UAE Government amends federal tax procedures
The United Arab Emirates (UAE) Federal Tax Authority (FTA) has amended Federal Law No. 7 of 2017 on Federal Tax…
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League of Arab States to finalize pan Arab green hydrogen study by year end
The League of Arab States, an intergovernmental organization for Arab countries, is in the process of preparing a study and…
GGICO posts Q3 loss at $6.55mln
The board of Dubai-based investment company GGICO (Gulf General Investments Co PSC) is considering the continuity of the company after…
Survey Finds 60% Of Employees Experience Frustration With New Software
Sixty percent of workers said new software had occasionally or frequently frustrated them within the past 24 months, according to…
Sukuk Perceptions and Forecast Study 2021: Thriving Amidst Uncertainty
Global sukuk issuance reached $147 billion in the first nine months of 2021, carrying over momentum from 2020 and on…
Fitch affirms Abu Dhabi Commercial Bank at A+ with stable outlook
Global rating agency Fitch has affirmed Abu Dhabi Commercial Bank's (ADCB) long-term Issuer Default Rating (IDR) at 'A+' with stable…
Abdul Latif Jameel family wealth up by $11.5bn after Rivian's IPO
The Abdul Latif Jameel family, who own dealerships of Toyota and Lexus vehicles in Saudi Arabia, has increased its wealth…
Egypt abolishes share deals stamp duty and cuts profits tax
Investors in Egypt will benefit from its government's new move to abolish stamp duty on stock market transactions, in addition…
LGT Middle East honored with three Awards
At this year's WealthBriefing MENA Awards, LGT Middle East could build on its past successes. It received three awards, one…
Normalization Post Covid
Finally, the US Fed has turned towards the normalization of its economy. To stimulate the economy after the Covid outbreak,…
Ithmaar Bank announces third quarter results
Ithmaar Bank has announced its financial results for the nine-month period ended 30 September 2021 and reported sustained growth in…
Abdulaziz Alajlan & Partners in association with Baker & McKenzie Limited advises Euroclear Bank on its strategic direct link agreement with Edaa
Legal Advisors Abdulaziz Alajlan & Partners in association with Baker & McKenzie Limited have acted as legal counsel to Euroclear…