Tags :Dirham

Economy News Regional

UAE to launch first federal corporate tax on business profits

Global Business Magazine January 31, 2022

The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time Read More

Banking COVID-19 News Regional

UAE’s biggest lender FAB posts record profit but shares fall

Global Business Magazine January 27, 2022

First Abu Dhabi Bank (FAB.AD), the United Arab Emirates' biggest lender, posted a record net profit in 2021, fuelled by the country's Read More

Finance Economy News Regional

UAE bourses end higher on financial, telecom boost

Global Business Magazine January 21, 2022

Stock markets in the United Arab Emirates (UAE) closed in the green on Friday, with Dubai's index buoyed by the financial sector Read More

Banking Business Finance News World

Major Gulf bourses rise in early trade

Global Business Magazine November 25, 2021

Major stock markets in the Gulf rose in early trade on Thursday, with the Saudi index on track to extend gains for Read More

Business Featured News World

UAE is building ‘first green hydrogen plant’ in M.East –

Global Business Magazine November 23, 2021

The United Arab Emirates has started building "the first green hydrogen plant in the Middle East" and testing is currently underway, Energy Read More

Business Economy Featured Finance News World

Dubai outperforms most Gulf bourses; Saudi falls

Global Business Magazine November 15, 2021

Dubai stocks rose sharply in early trade on Monday to their highest since March 2018, supported by upbeat corporate earnings, while the Saudi Read More

Business Economy Finance World

Abu Dhabi hits record as most markets rise; Qatar bucks

Global Business Magazine November 8, 2021

Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Read More

Business Finance World

Dubai stocks jump on plans to launch market-maker fund

Global Business Magazine November 2, 2021

Dubai's stock market jumped in early trade on Tuesday, outperforming other regional peers, as the emirate plans to launch a multi-billion dirham Read More