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The conflict in Lebanon is estimated to have caused total direct damages across 10 sectors at $7.2 billion
The authority indicated that the exceptional condition for benefitting from the exemption applies only to the first tax period of the entity subject to tax
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
The sukuk issuance was divided into five tranches, each with different maturities and sizes
The guidance further clarifies the timelines in which taxpayers must make a MAP claim
The report explores key trends shaping the market, including surging digital adoption, expanding venture capital investment, and the integration of AI
Card fraud costs billions annually, prompting the need for automated and efficient fraud prevention solutions
The commercial paper program carries credit ratings of P-1 from Moody’s and F1+ from Fitch
This initiative focuses on transparency, innovation, and excellence in public financial resource management
The UAE imposes no personal income tax, capital gains tax, or inheritance tax
The move comes shortly after Valu’s successful listing on the Egyptian Exchange (EGX)
Quarterly growth of 5 percent indicates continued positive momentum in the banking sector for 2025.
Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections
Market rates, such as the Turkish Lira Overnight Reference Rate (TLREF), have also aligned in the 46 percent range
A $212 million loan with Oman will improve connectivity through the Khasab–Daba–Lima Road Project
Auction results for two-year, five-year, and seven-year notes will be announced next week
Stablecoins are emerging as one of the most promising tools for faster and more accessible digital payments
After keeping interest rates in the 4.25-4.50 percent range, Fed policymakers signaled that rate cuts are still likely to happen in 2025
The agreement aims to stimulate investment and provide legal protection for investors in both nations
The UAE aims to increase halal exports to AED 315 billion by 2031 under the new national plan
Al Blooshi will oversee registration, licensing, and supervision of non-financial businesses within ADGM
An efficient combination of regulatory foresight, digital innovation, rising liquidity, and strong foreign direct investment has positioned the UAE as a leading destination for emerging market investments
Temasek-owned asset management group sets up Abu Dhabi office for regional expansion, collaboration initiatives
U.S. customs duties surged to a record high, contributing to a reduction in the budget deficit.
