ABU DHABI 19 March 2018: Abu Dhabi’s inflation rate in consumer price index (CPI) for the first two months of 2018 was 4.5 per cent compared with the same period of 2017, according to Statistical […]
ABU DHABI 20 March 2018: The 2017 cash dividends paid out by 62 companies listed on the Abu Dhabi and Dubai bourses amounted to Dh33.161 billion, according to the latest official figures disclosed . The […]
DUBAI 18 March 2018: In the fourth quarter of 2017, Mena IPO activity witnessed eight deals, representing a 60 per cent surge in volume over the same period in 2016. The Mena IPO value, or […]
DUBAI 19 March 2018: Nasdaq Dubai welcomed the listing of a US$1.25 billion sukuk by Islamic Development Bank (IDB), whose activities include financing development projects for its 57 member countries. The listing brings the number of […]
ABU DHABI 14 March 2018: UAE’s Federal Tax Authority (FTA) asserted that all businesses subject to Value Added Tax (VAT) and Excise Tax must display prices of goods and services inclusive of tax in order […]
DUBAI 13 March 2018: Union Coop has announced its recent decision to freeze the prices of about 50,000 commodities until 2018 end. The move includes food items, textiles, outdoor and camping supplies. This move is […]
ABU DHABI 14 March 2018: The total earnings of commercial and Islamic banks in the Emirate of Abu Dhabi surged to Dh30.83 billion in 2017, according to figures released recently by the Statistics Centre – […]
Accounted for 43.6% of all remittances from UAE ABU DHABI 12 March 2018: Expats remittances from the UAE amounted to Dh164.3 billion during 2017, a growth of 2.2 percent from Dh160.8 billion in 2016. According […]
DUBAI 8 March 2018: Dubai hosts the highest concentration of millionaires, multi-millionaires and Ultra High Net Worth Individuals than any other Middle Eastern city. Knight Frank lists multi-millionaires as those who have assets valued at […]
ABU DHABI 7 March 2018: The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has announced the implementation of enhancements to its Capital Market regime by introducing a Remote Membership framework […]