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Plus: Dubai Taxi eyes acquisitions in 2024, and ADQ prepares for an Etihad Airways IPO
Author Archives: enterpriseam admin
Posted inTAX
Dubai clarifies foreign bank tax levies post-corporate tax
Foreign banks licensed to operate in the DIFC are exempted from the 20% levy
Posted inENERGY
Adnoc eyes more LNG expansion
Adnoc could ink an offtake agreement from the USD 18 bn Rio Grande LNG facility
Posted inINS.
CBUAE launches region’s first ombudsman unit
Sanadak will handle claims from consumers against banks and licensed ins. companies
Posted inDEBT WATCH
DP World is close to securing a USD 422 mn facility from Indian banks
The facility will be co-financed by India’s NaBFID and Axis Bank
Posted inKUDOS
Adnoc group + Khalifa University snag sustainability prize
The prize recognized an AI driven system for reducing methane emissions
Posted inMOVES
Commercial Bank of Dubai appoints Ahmad Julfar as chairman
Commercial Bank of Dubai appointed a new chairman and deputy chairman.
Posted inUAE IN THE NEWS
Abu Dhabi continues to snag asset managers away from previous finance hotspots
Also: Saudi Arabia is eyeing more investments in Egypt following the UAE’s Ras el Hekma investment