Dubai Finance Department, GDFRA sign MOU to support ‘Cashless Dubai’ strategy
Dubai’s General Directorate of Identity and Foreigners Affairs (GDRFA Dubai) and the Dubai Finance Department have signed a Memorandum of Understanding (MoU) to accelerate...
Saudi businesses warned: Up to 25% fines for missing August tax deadline
The Zakat, Tax and Customs Authority (ZATCA) has urged businesses in Saudi Arabia subject to value added tax (VAT) with annual supplies exceeding SR40m...
UK is the West’s leading Islamic finance hub, says Fitch as funds AUM pass $12.5bn
The UK will continue as the leading Western hub for Islamic finance, supported by the London Stock Exchange (LSE) serving as a key listing...
TAQA secures $2.31bn term-loan, in AED, to boost liquidity and advance growth
Abu Dhabi National Energy Company (TAQA) has secured an AED 8.5 billion (US$2.31 billion) corporate term loan facility that will help the company maintain...
UAE gold reserve surges 25.9% in first five months of 2025 to $7.88bn
UAE’s gold reserves increased by nearly 25.9 per cent during the first five months of the year.
The Central Bank of the United Arab Emirates...
