Why Britain’s punitive tax system risks deterring Middle East property investors
When the UK applied a stamp duty surcharge to overseas property investors in April this year, tax advisors and property…
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US$ 174.6 billion sukuk issued globally in 2020
The International Islamic Financial Market (IIFM) announced the launch of the 10th Anniversary Edition of its Annual Sukuk Report. The…
Bentley has 5 unused 2015 limousines for sale
Back in 2015, a customer in the Middle East ordered five Mulsanne Grand Limousines to be custom produced by Bentley.…
Demand for Dubai's e-commerce licences jumps 63% in first half of 2021
Dubai recorded a 63 per cent surge in the number of e-commerce business licences issued in the first half of…
Egypt's central bank keeps key interest rates unchanged – statement
Egypt's central bank kept its key interest rates unchanged during its monetary policy committee (MPC) meeting on Thursday, the bank…
Dubai Investments H1 profits surge by 47%
Dubai Investments on Thursday reported a 47 percent surge in net profits to AED302 million for the six months ended…
SPACs are rising: 35 deals worth over $100bln announced in July
In a clear indication that Special Purpose Acquisition Companies (SPACs) is a trend that is gathering steam, 35 SPAC combinations…
Wiley, PwC’s Academy Middle East expand partnership to help finance professionals
Wiley, a global leader in research and education, and PwC’s Academy Middle East, the talent and skills development business of…
The Arab Monetary Fund extends a new compensatory loan to the Republic of Tunisia
The Arab Monetary Fund is keen to support the efforts of its member countries to implement economic, financial and structural reforms,…
Dubai crypto platform BitOasis sees over $1.5bn trading in H1
BitOasis, the Dubai-based cryptocurrency platform, has delivered trading volumes exceeding $1.5 billion in the first half of 2021. BitOasis…
Eshraq Investments improves net profit by 167.25%, returning to strong growth and profitability
The company generated AED 15.36 million in investment income in the first six months of the year, thanks to its…
Bahrain-based Inovest issues financial results
Inovest has reported consolidated net loss attributable to the parent shareholders of $1.60 million for the three months ended June…