Business & Economy
UAE tax compliance grows as FTA sees 651,000 corporate registrants and VAT refund surge
The UAE tax system has reached a new phase of maturity, with the Federal Tax Authority (FTA) reporting…
Category: Business & Economy
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Business & Economy
ADGM turns 10 as Abu Dhabi’s $28.6tn finance hub achieves record growth
Since its establishment in 2015, ADGM has grown into one of the world’s fastest-expanding financial hubs, attracting more…
Business & Economy
PIF spending shift to spur Greenfield FDI in Saudi as private equity expands
Saudi Arabia’s moderation in state spending is expected to open new opportunities for private and foreign investors in…
Business & Economy
ADNOC Distribution delivers its strongest EBITDA since IPO for Q3
On the back of achieving its highest fuel volumes for the first nine months of a financial year,…
Business & Economy
Alpha Dhabi sells 8.5% Modon stake to Abu Dhabi government’s L’imad Holding
Abu Dhabi’s Alpha Dhabi Holding is selling its entire stake of 8.5 per cent in Modon Holding to…
Business & Economy
Aqua Labs backs UAE’s Vision 2030 with launch of $20mn startup fund
UAE’s Aqua Labs, the emerging Web3 investment group, has reiterated its commitment to the nation’s Economic Vision 2030,…
Business & Economy
EXCLUSIVE: SEDCO Capital listing possible within 3 years, CEO says amid Saudi IPO boom
SEDCO Holding CEO Rayyan Nagadi said there is a possibility that the group’s asset management subsidiary, SEDCO Capital,…
Business & Economy
Germany’s DWS secures Financial Services Permission to open office in Abu Dhabi
DWS Group, the investment arm of Deutsche Bank AG, is opening an office in Abu Dhabi after securing…
Business & Economy
Barclays looking to re-enter Saudi Arabia with office in Riyadh
British bank Barclays is planning to re-establish its operations in Saudi Arabia, 11 years after it wrapped up…
Business & Economy
UAE launches Retail Sukuk for citizens and residents to invest in Shariah-compliant bonds
The UAE Ministry of Finance (MoF) has launched the “Retail Sukuk” initiative, allowing citizens and residents to invest…