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Third generation e-Dirham system launched by Ministry of Finance

The Ministry of Finance (MoF) launched the Third Generation e-Dirham cards (e-Dirham G3), in cooperation with new government entities and national banks...

MoF participates in the G20’s Fifth Exceptional International Financial Architecture meeting

The Ministry of Finance (MoF) participated in the G20’s virtual Fifth International Financial Architecture meeting, to discuss the latest international efforts to...

ADIB partners with Ministry of Finance to offer NextGen eDirham cards

Abu Dhabi Islamic Bank (ADIB) announced it has partnered with the UAE’s Ministry of Finance (MoF) to offer the new range of...

Ministry of Finance launched collection of revenue and public funds system

In line with its efforts to adopt digital solutions, and to develop processes to collect national debt in accordance with international best...

Ministry of Finance: companies that engage in any Relevant Activity must submit a notification of Economic Substance Regulations to its Regulatory Authority

The Ministry of Finance (MoF) indicated that all companies in the United Arab Emirates that engage in any of the Relevant Activities...

Ministry of Finance announces successful implementation of Procure-to-Pay

The Ministry of Finance (MoF) announced the successful implementation of Procure-to-Pay (P2P), which facilitates the procurement process and e-approval of purchase orders...

Ministry of Finance announces three new decisions for federal entities in the UAE

The Ministry of Finance (MoF) issued three new decisions for federal entities across the UAE, as part of its remit to revise...

Ministry of Finance holds remote training session on financial systems (Payment System)

The Ministry of Finance (MoF) held a remote training session for users of the federal financial system - Oracle - in government...

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....

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...

Latest news

SHUAA Capital successfully prices USD 150m bond issuance

SHUAA Capital an asset management and investment banking platform in the region, announces that it has successfully priced a USD 150 million...

FAB shareholders approve transfer of legacy FGB banking licence to ADQ

First Abu Dhabi Bank (FAB) has received shareholder approval to transfer its legacy FGB banking licence to ADQ, one of the region's...

Central Bank of Bahrain launches a first of its kind fintech platform to drive innovation in the region

The Central Bank of Bahrain, in cooperation with the Bahrain Economic Development Board, Bank ABC, ila Bank, BENEFIT, National Bank of Bahrain...

Mastercard Priceless Planet Coalition welcomes Expo 2020 Dubai, Emirates NBD, Network International as strategic partners to fight climate change

As the effects of climate change ravage many parts of the world and we experience some of the most extreme weather events...

The new Sky-Dweller

AN INVITATION TO TRAVEL Rolex is presenting a new 18 ct yellow gold version of its Oyster Perpetual...
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