BusinessLatest Business and Company Updates
UAE Embraces Global Crypto Tax Transparency Through CARF Deal
Abu Dhabi has finalised a major agreement to enforce greater transparency in crypto-asset taxation by signing the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework. The deal mandates automatic exchange of tax-related data on crypto transactions across jurisdictions, aligning the UAE with rising global norms on financial disclosure.The
Binghatti lines up dollar sukuk after investor calls
Dubai-based luxury property developer Binghatti Holding Limited has instructed banks to arrange a series of fixed income investor calls starting Tuesday, 3 February 2026, as it prepares the ground for a benchmark-sized, five-year, US dollar-denominated sukuk offering, according to transaction
Aldar and Mubadala form major retail venture
Aldar Properties and Mubadala Investment Company have completed a strategic joint venture that brings together two of Abu Dhabi’s most prominent retail destinations into a single platform valued at about AED 10 billion, marking one of the emirate’s largest consolidations
Emirates NBD profit climbs on lending surge
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth as borrowing demand strengthened across domestic and international markets.The lender said net profit reached 24 billion
