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UAE

Asian-Infrastructure-Investment-Bank-AIIB

UAE signs up as founding member of Asian Infrastructure Investment Bank

06/04/2015(0)
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which ... Read More
uae-flags

Long-awaited new UAE companies law issued by Sheikh Khalifa, boon for markets

03/04/2015(0)
The long-awaited new companies law will be a boon to IPO activity in the UAE and boost corporate governance, lawyers have said. The Commercial Companies Law No 02 for ... Read More
UAE-Sultan-Bin-Saeed-Al-Mansouri--Minister-of-Economy

UAE moving towards allowing 100% foreign ownership of businesses outside free zones

31/03/2015(0)
Plans for a law to allow full foreign ownership of companies outside free zones in strategic sectors are at an advanced stage, the Minister of Economy said. At a ... Read More
Essa Kazim chairman of Borse Dubai

London Stock Exchange stake sale earns Dubai huge profit

30/03/2015(0)
Dubai has made a profit of billions of dirhams on the sale of its eight-year-old stake in the London Stock Exchange. Essa Kazim, the chairman of Borse Dubai, confirming ... Read More
First Gulf Bank logo

Abu Dhabi’s FGB completes stake sale in brokerage

27/03/2015(0)
First Gulf Bank, the second largest lender by market capitalisation in the UAE, has said a deal to sell its 45 percent stake in brokerage First Gulf Financial Services ... Read More
UAE-Burj-Khalifa-Dubai

UAE set to be the first to offer green-energy sukuk

12/03/2015(0)
The UAE is expected to issue the world’s first Sharia-compliant bond aimed at financing green energy projects this year, possibly as early as next month, according to industry experts. ... Read More
FATCA

UAE To Conclude FATCA IGA This Month

17/02/2015(0)
The Ministry of Finance of the United Arab Emirates (UAE) held a press conference on February 15, 2015, to discuss the latest developments regarding the draft agreement on implementing ... Read More
OPEC logo

Saudi, UAE signal no push for OPEC oil cut

26/11/2014(0)
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this ... Read More
Dubai Financial Market

Dubai Parks and Resorts Launches Dhs2.5bn IPO On DFM

17/11/2014(0)
Dubai Parks and Resorts, the recently-created subsidiary of Dubai-based developer Meraas Holding, which is building a mega theme park complex in the emirate, announced on Monday that it has ... Read More
Standard-Chartered

Standard Chartered to close MidEast branches

13/11/2014(0)
Standard Chartered is set to cull an unspecified number of branches in the Middle East, as part of plans to cut up to 100 locations in emerging markets next ... Read More
Broker Cyprus TopFX