Business & Economy
UAE clarifies tax rules for real estate investors
The UAE has issued clarification over rules for tax rules for real estate investors in the country. The…
Category: Business & Economy
Explore digital business news, economic trends, and startup updates from Dubai, UAE, and the Middle East on The Nation Middle East.
Business & Economy
UAE sets $697bn Islamic bank target and aims for Halal export boost; Cabinet reviews tourism sector amid $122.5bn goal
The UAE has set ambitious targets for Islamic finance, tourism and more during a Cabinet meeting held in…
Business & Economy
Ahmed Abdelaal: How Mashreq’s CEO is redefining digital banking in the Middle East
As Group CEO of Mashreq, Abdelaal leads an institution with a 50-year legacy and a challenger mindset. And…
Business & Economy
UAE, regional firms switch to blockchain-based cross-border payments as global trade tensions mount
Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through…
Business & Economy
Brown Advisory opens Abu Dhabi office, expands $162bn global portfolio to Middle East
Brown Advisory, a privately held global investment management firm that oversees $161.7 billion in client assets globally, has…
Business & Economy
Real estate outperforms for IHC as Q1 revenue jumps 41.1% to $7.41bn
IHC, one of the world’s largest investment firms, continued to gain momentum across its diversified verticals as it…
Business & Economy
UAE announces tax fine waiver
The UAE has begun implementing a waiver on tax fines for businesses in the country. The Federal Tax…
Business & Economy
Dubai on track to become top 4 global financial hub
Dubai’s capital markets are playing a pivotal role in advancing the Emirate’s ambition of becoming a global top…
Business & Economy
UAE reports 94% surge in bank account ownership
A recent survey commissioned by Daleel, the Middle East’s personalised financial marketplace, has revealed that 94 per cent…
Business & Economy
Abu Dhabi’s ADQ raises $2bn in oversubscribed bond sale
Abu Dhabi Developmental Holding Company PJSC (ADQ) announced 4.5-5 per cent coupon rates for its $2 billion bond…