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UAE IPO boom to continue amid foreign investment and competitiveness push

UAE IPO boom to continue amid foreign investment and competitiveness push

by Danissa Guotana | Jul 25, 2023 | Business

The UAE’s recent surge in initial public offerings (IPOs) is expected to continue for several more years, according to Ayman Hamed, the CEO of International Securities, an Abu Dhabi-based securities broker. The increased number of IPOs has supported the...
UAE advocates for inclusive trade at 3rd G20 Trade and Investment Working Group in India

UAE advocates for inclusive trade at 3rd G20 Trade and Investment Working Group in India

by Danissa Guotana | Jul 19, 2023 | Business

The UAE has participated in the third meeting of the G20 Trade and Investment Working Group (TIWG) held recently in Kevadia, India. Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the UAE Ministry of Economy, represented the UAE at talks...
UAE Corporate Tax: Stage set for first ‘tax groups’ to come into being

UAE Corporate Tax: Stage set for first ‘tax groups’ to come into being

by Danissa Guotana | Jul 18, 2023 | Business, Customs and Excise

Dubai: Even as UAE tax authorities provide more updates on the corporate tax, for many business owners the next big set of updates will be on the formation of ‘tax groups’. This is where multiple businesses operating under a single dominant shareholder(s) come...
Dubai’s non-oil economy hits 10-month high on new business

Dubai’s non-oil economy hits 10-month high on new business

by Danissa Guotana | Jul 14, 2023 | Uncategorized

Business activity in Dubai’s non-oil private sector economy rose to a ten-month high in June, boosted by a sharp rise in sales and new orders as demand growth quickened. The emirate’s seasonally adjusted S&P Global purchasing managers’ index...
UAE: New governance guidelines for family businesses

UAE: New governance guidelines for family businesses

by Danissa Guotana | Jul 14, 2023 | Business

A new set of governance guidelines have been issued to support family businesses operating in Dubai. The framework has been issued to assist them to design and develop governance best practices by the Dubai Centre for Family Businesses. The guidelines aim to ensure a...

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