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THIS MORNING: UAE officials order investigation into flydubai incident + Paramount takeover gets a timeline and a financing plan
Plus: FAB is eyeing syndicating part of its USD 5 bn swap with Nigeria
April sukuk auction sees 4.7x oversubscription
The issuance included a tap on its 7-year sukuk issuance from February
Mandatory e-invoicing is coming, and due diligence is set to change drastically
For dealmakers, automated invoices translate into earlier visibility on risks previously emerging late, and for SMEs, it means an urgent…
THIS MORNING: Emirates is securing war-risk cover + Al Ain offers tax rebate for hospitality upgrades
BUT- The number of cyberattacks has been ticking up as the war drags on
FinMin introduces tax credits for R&D spend
Sectors like biotech, fintech, and advanced manufacturing can benefit from tax credits worth up to 50%
FinMin introduces new amendments to tax procedures law
The ministry has also introduced amendments on selected provisions to the UAE VAT law
THIS MORNING: Airtel Money looks set for a UAE IPO in 2026 + New mall coming?
Plus: Petrofac UAE projects are on track despite layoffs
PE firm KKR expands to Abu Dhabi + Zand AED-backed stablecoin gets approval
Plus: Emirates NBD joins Finance Ministry’s retail T-sukuk initiative
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