Editors pick

Dubai SME allocates AED 20 million to guarantee capital for SMEs through The Fund & Beehive partnership

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has allocated AED 20 million for the...

Arab Monetary Fund extends a new Automatic Loan to the Kingdom of Morocco, with an amount of Arab Accounting Dinar 30.844 million, the equivalent...

The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face...

Four common payroll pitfalls to avoid

Payroll management sounds simple in theory. However, it’s surprisingly easy for a growing business to make payroll-related mistakes, especially if it doesn’t have robust...

UAE currently does not intend to increase VAT

The Ministry of Finance (MoF) has denied any plans currently to raise the Value Added Tax (VAT) in the United Arab Emirates. VAT is...

MoF virtually holds Government Financial Policy Coordination Council’s second meeting for 2020

The Ministry of Finance (MoF) virtually held the Financial Policy Coordination Council’s second meeting recently. H.E. Younis Haji Al Khoori, Undersecretary of MoF and...

Standard Chartered donates USD11,8m for immediate COVID-19 relief efforts across Africa and the Middle East

Standard Chartered today announced donations totalling USD11,8 million to the Red Cross, UNICEF and local non-governmental organisations (NGOs) and Government Partners providing emergency relief...

UAE Banks Federation launched the UAE’s first National Fraud Awareness Campaign

UAE Banks Federation has recently launched the UAE’s first National Fraud Awareness Campaign in collaboration with CBUAE, Abu Dhabi Police and Dubai Police.  The...

How will asset management be affected by the Covid-19 crisis?

The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...

Ajman Finance Department awarded payment card industry data security standard certification for its Ajman Pay Platform

Ajman Finance Department has recently been awarded the world-renowned Certification of Compliance in Payment Card Industry Data Security Standard (PCI DSS) for its Ajman...

Naukrigulf launches bouquet of free services for jobseekers under the Step-Up initiative amidst COVID-19 crisis

As the global COVID-19 pandemic continues to spread, much of the world’s population remains in lockdown, subject to stringent stay-at-home orders. Welcoming the new...

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