by PREMA Team | May 9, 2024 | Uncategorized
Bitcoin’s last 24 hours have been productive, with the cryptocurrency climbing back above $63,000 on the charts. As expected, most of the market’s altcoins followed suit, with their charts seeing green as well. However, the latter’s performances fueled a fall in...
by PREMA Team | May 7, 2024 | Corporate Tax
Diversity of Investment Funds The UAE offers a broad spectrum of investment funds, including public and private funds, equity funds, hedge funds, and Real Estate Investment Trusts (REITs). These vehicles allow investors to pool resources, accessing investment...
by PREMA Team | May 3, 2024 | Business
As of May 1, businesses in the UAE will be playing by a new set of rules under Federal Law No. 51 of 2023. It’s an overhaul designed to make the bankruptcy system more balanced, efficient, and transparent to allow for more successful restructurings. Whether your...
by PREMA Team | May 2, 2024 | Uncategorized
The UAE Central Bank has decided to keep its base rate applicable to the Overnight Deposit Facility (ODF) unchanged at 5.40 percent. This move comes after the US Federal Reserve opted to leave interest rates unchanged in its latest monetary policy decision....
by PREMA Team | May 1, 2024 | Business
The UAE emerged as among the fastest growing markets for cryptocurrency adoption worldwide in 2024 so far, fuelled by a surge in the use of digital currencies for daily payments and investments, with Bitcoin spot ETF (exchange traded fund) emerging as the...
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