DUBAI / Emirates Business A buoyant GCC Bond and Sukuk market achieved an all-time high issuance of $70 billion in 2017, with sustained investor appetite expected in 2018, according to a co-authored white paper from Emirates NBD Asset Management (Dubai) and Fisch Asset Management (Zurich). The paper, titled “The GCC Fixed Income Market: Then and Now” identifies key themes in ...

DUBAI / WAM To mark Data Privacy Day, the Ministry of Finance (MoF) has emphasised the importance of protecting personal data for financial transactions, in light of the digital revolution and the increasing global trends to protect individuals from the misuse of their personal information or violation of their privacy. Younis Haji Al Khoori, Under-Secretary at MoF, highlighted that standards ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, issued Law No. 01 of 2018 on the Knowledge Dirham Fee, and Law No. 02 of 2018 about the Innovation Dirham Fee. As per Law No. 01 of 2018, the Knowledge Dirham Fee will be levied on all transactions ...