EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
BankingFeaturedEmirates NBD inks deal with DLD to offer trust account servicesInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more
FeaturedTechnologyBlockchain technologies to help UAE conserve over Dh11 billionInternational FinanceJanuary 16, 2020March 18, 2020 by International FinanceJanuary 16, 2020March 18, 2020 UAE can save 398 million printed papers and up to 77 million hours of work annually using blockchain... Read more
EconomyMagazineDepartment of Finance Ajman: Building an open, competitive economyInternational FinanceJanuary 16, 2020March 18, 2020 by International FinanceJanuary 16, 2020March 18, 2020 The award-winning department is at the forefront of deploying intelligent financial systems in the UAE... Read more
FeaturedTechnologyWorkplaces in the UAE more open to embracing AI to foster innovationInternational FinanceJanuary 15, 2020March 18, 2020 by International FinanceJanuary 15, 2020March 18, 2020 A survey led by Oracle and Future Workplace has found 72% of UAE respondents are more optimistic about AI at work... Read more
BankingFeaturedUAE, Saudi banks expect increase in loan demand in 2020International FinanceJanuary 14, 2020March 18, 2020 by International FinanceJanuary 14, 2020March 18, 2020 Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit... Read more
EconomyUAE leads the Gulf in digital economy with 18% of Middle EastInternational FinanceJanuary 9, 2020January 15, 2020 by International FinanceJanuary 9, 2020January 15, 2020 Size of digital economy in the Middle East touched $30 bn in 2018... Read more
AviationAir Arabia Abu Dhabi becomes a UAE national carrierInternational FinanceJanuary 8, 2020 by International FinanceJanuary 8, 2020 The UAE government’s decision is aimed at further establishing development plans for the aviation sector... Read more
MarketsNon-Arab net investments in UAE markets hits Dh12.5 bnSamuel AbrahamJanuary 2, 2020 by Samuel AbrahamJanuary 2, 2020 Foreign investors execute capital market trades worth Dh218 bn in 2019 in the UAE markets... Read more
MarketsMSCI Kuwait upgrade to boost ETFs and equitiesInternational Finance DeskDecember 20, 2019January 24, 2020 by International Finance DeskDecember 20, 2019January 24, 2020 The move is expected to generate billions of dollars of inflows into the Kuwait market... Read more