ABU DHABI 6 September 2017: The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. Net […]
DUBAI 27 August 2017: Expatriates sending money home are losing an average of Dh6,000 per year on transfers, according to global financial planning firm Guardian Wealth Management. The estimation is based on transferring 20 per cent […]
DUBAI 31 August 2017: South African (SA) expats have been in uproar following the February 2017 Budget announcement in South Africa that from March 2019 they may need to pay income tax on overseas earnings. […]
SHARJAH 29 August 2017: The Sharjah Summer Grand Discounts starts today [Tuesday] and will be held for three days from 29 to 31 August. More than 1,000 retail shops in the shopping centers will participate in […]
ABU DHABI 27 August 2017: The UAE Central Bank has withdrawn Dh8.2 billion of excess liquidity from the market during July after it pumped Dh11.3 billion in June. The move fits within the Central Bank’s mandate […]
DUBAI 22 August 2017: A money van guard – with the help of five other guards – stole Dh1.2 million from their employer’s vehicle and fled the scene. The Dubai Criminal Court is expected to give […]
DUBAI 22 August 2017: Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Mashreq Bank that allows its customers to pay their bills in installments of 3 or 6 months, with no […]
DUBAI 20 August 2017: Two Tunisians – with help of three other investors – allegedly conned a national bank out of Dh15.5 million using four forged cheques, the Dubai Criminal Court will hear today. NA, 33, and […]
DUBAI 20 August 2017: The Dubai Gold & Commodities Exchange (DGCX), and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Shariah-compliant spot gold […]
ABU DHABI 18 August 2017: The total value of monetary deposits at the UAE Central Bank amounted to Dh123 billion during H1 2017, Dh122.95 billion of which are in banknotes and Dh50 million in coins. On […]