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Financials and Investment News in United Arab Emirates

UAE, Kuwait: A Journey of Financial and Economic Integration Between Two Brotherly Countries
2/24/2024 - ABU DHABI, 24th February, 2024 (WAM) -- The relationship between the United Arab Emirates and Kuwait is an exceptional example of two countries eager to enhance cooperation across various fields, incl...
Belgian FM: WTO Meet in UAE Is Opportunity to Uphold Rules-Based Global Order
2/24/2024 - ABU DHABI, 24th February, 2024 (WAM) -- The World Trade Organisation’s (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi is an opportunity to uphold the rules-based global order, according to Hadj...
FTA Issues Guide Outlining Criteria to Determine Natural Persons Subject to Corporate Tax
12/24/2023 - ABU DHABI, 24th December, 2023 (WAM) -- The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came into effe...
Hamriyah And Deira Ports Report AED 12.133b In Customs Declaration Value By End Of Q3 2023
12/24/2023 - DUBAI, 24th December, 2023 (WAM) – Hamriyah and Deira ports have reported 62,454 customs declarations, totalling AED 12.133 billion, with 19 seizures recorded over the first nine months of this year.<...
Ministry of Economy Organises Final Forum on UAE’s Economic Policy
12/24/2023 - DUBAI, 24th December, 2023 (WAM) -- The Ministry of Economy, in cooperation with the Organisation for Economic Cooperation and Development (OECD), organised the final forum on the UAE’s Economic Polic...
Dubai Chambers Organises 6 Legal Awareness Workshops With Over 350 Participants
12/20/2023 - DUBAI, 21st December, 2023 (WAM) -- Dubai Chambers has hosted six workshops covering various legal topics to empower businesses in Dubai.

Attended by 350 participants, the workshops were or...
UAE Showcased Exceptional Leadership at COP28: Noura Bint Turki
12/14/2023 - DUBAI, 14th December, 2023 (WAM) -- Saudi Princess Noura bint Turki Al Saud, Sustainable Development Specialist and Founding Partner of AEON strategy, has emphasised the UAE's success in organising th...
Tabreed Secures AED600 Million Green Revolving Credit Facility
12/13/2023 - ABU DHABI, 14th December, 2023 (WAM) -- Tabreed today announced the successful closure of its inaugural AED600 million Green Revolving Credit Facility (RCF) in partnership with First Abu Dhabi Bank (F...
Bank of Sharjah Selected as Joint Lead Manager, Bookrunner in $350 Million Sukuk Issuance
11/26/2023 - SHARJAH, 26th November, 2023 (WAM) -- Bank of Sharjah announced its selection as Joint Lead Manager and Bookrunner in the debut US$350 Million 144A/Reg S senior unsecured sukuk for Abu Dhabi based Itt...
COP28 Business & Philanthropy Climate Forum to Launch November 30
11/20/2023 - DUBAI, 20th November, 2023 (WAM) – The inaugural COP28 Business Philanthropy Climate Forum, hosted by the COP28 Presidency, will open on 30 November at Expo City, Dubai.

The Forum, taking p...
Enhancing Skills, Capabilities of University of Sharjah Students in Financial Services
11/20/2023 - SHARJAH, 20th November, 2023 (WAM) -- In line with the memorandum of understanding (MoU) signed between the two parties, BHM Capital, the leading financial institution in the UAE's capital markets, ho...
SCCI Affirms Commitment to Supporting SME Owners, Developing UAE Entrepreneurial Ecosystem
10/29/2023 - A meeting convened by Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), has shed light on the Chamber’s proven commitment to supporting owners of small and med...
Fujairah Natural Resources Corporation: Dedicated Efforts to Drive Sustainability
10/29/2023 - The Fujairah Natural Resources Corporation (FNCR) is among the leading contributors to the sustainable development drive in the Emirate of Fujairah, making exceptional efforts to boost sustainability ...
Ghitha Holding Reports AED 124 Million in Q3 2023 Profits
10/26/2023 - Ghitha Holding (Ghitha), a subsidiary of International Holding Company (IHC), has announced its third quarter year-to-date (YTD) results for 2023, reporting a profit before tax of AED 124 million.
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UAEFTS Processed AED10.997 Trillion in Transactions in 8 Months
10/25/2023 - The total value of fund transfers between the UAE's banks amounted to AED10.997 trillion in the first eight months of the year, up 35.6 % from the same period last year, according to statistics releas...
Fujairah Research Centre, Environment Authority Foster Alliances With Academic, Beekeeping Entities
10/25/2023 -  In a landmark moment during the Fujairah International Conference on Bee Research which concluded recently, Fujairah Research Centre (FRC) and Fujairah Environment Authority (FEA) announced the signi...
ACX Announces Key Trades on World’s First Regulated Carbon Exchange And Clearing House in ADGM
10/25/2023 - ACX (AirCarbon Exchange) announced its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live. Key trades have already been executed and settled on the platform, signify...
UNITED ARAB BANK Reports Net Profit of AED209 Million for First Nine Months of 2023
10/24/2023 - United Arab Bank P.J.S.C ("UAB" or "the Bank") announces its Financial Results for the nine months ended 30th September 2023.

UAB posted a Net Profit of AED 209 million for the first nine m...
Aed19 Billion Real Estate Transactions in Sharjah During Past Nine Months of 2023
10/24/2023 - According to the report on the performance of the real estate sector in Sharjah, which was recently issued by Sharjah Real Estate Registration Department, the value of transactions in the real estate ...
Annual Inflation Down to 4.3% in The Euro Area in September
10/22/2023 - The euro area annual inflation rate was 4.3% in September 2023, down from 5.2% in August. A year earlier, the rate was 9.9%. European Union annual inflation was 4.9% in September 2023, down from 5.9% ...

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