AED1.1 billion Islamic Treasury Sukuk Issued for Q2 2024

العربية AED1.1 billion Islamic Treasury Sukuk Issued for Q2 2024 22 May 2024 The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction, which […]

UAE Ministry of Finance Meets with Government Expenditure and Projects Efficiency Authority of Saudi Arabia

العربية UAE Ministry of Finance Meets with Government Expenditure and Projects Efficiency Authority of Saudi Arabia 08 May 2024 The UAE Ministry of Finance (MoF) welcomed an official delegation from the Government Expenditure and Projects Efficiency Authority of the Kingdom of Saudi Arabia (EXPRO), at the ministry’s headquarters in Abu Dhabi. During the meeting, participants […]

UAE Ministry of Finance Establishes Framework to Enable Sustainable Public-Private Partnerships

العربية UAE Ministry of Finance Establishes Framework to Enable Sustainable Public-Private Partnerships 08 May 2024 The UAE Ministry of Finance is committed to enhancing public-private partnerships and recognises the significant role that such collaboration plays in the socio-economic development of the UAE. It also enhances sustainable economic development and achieves comprehensive prosperity for all members […]

UAE Ministry of Finance Meets with IMF Article IV Consultation Mission

العربية UAE Ministry of Finance Meets with IMF Article IV Consultation Mission 07 May 2024 His Excellency Younis Haji Al Khoori, Undersecretary of the UAE Ministry of Finance, today met with the International Monetary Fund (IMF) Article IV consultation mission, at the Ministry’s headquarters in Abu Dhabi. The meeting was attended by Ali Abdullah Sharafi, […]

Three Accolades for UAE Ministry of Finance at Excellence in Procurement Awards MENA 2024

العربية Three Accolades for UAE Ministry of Finance at Excellence in Procurement Awards MENA 2024 May 20, 2024 The Digital Procurement Platform, by the UAE Ministry of Finance, attained three accolades at the Excellence in Procurement Awards MENA 2024, organised by the Chartered Institute of Procurement and Supply (CIPS). The all-digital procurement system won in […]

UAE Ministry of Finance Participated in 2024 IsDB Group Annual Meetings

العربية UAE Ministry of Finance Participated in 2024 IsDB Group Annual Meetings April 30, 2024 The UAE Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from 27 to 30 April 2024 in Riyadh, KSA. This year’s annual meetings coincided with the Golden Jubilee of IsDB, marking the Bank’s […]

UAE Corporate Tax to Bolster Future Economic Sustainability

العربية UAE Corporate Tax to Bolster Future Economic Sustainability April 29, 2024 The United Arab Emirates has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax […]

Ministry of Finance Enhances UAE’s Financial Inclusion Drive

العربية Ministry of Finance Enhances UAE’s Financial Inclusion Drive April 25, 2024 Financial inclusion is vital for comprehensive economic growth and for expanding the reach of financial services to every social segment, thereby strengthening the monetary foundation. On this Arab Day for Financial Inclusion, the focus is on promoting savings to further financial inclusivity. Research […]