Browsing: Financial
United Arab Emirates, 29 November 2025 The Ministry of Finance has announced the issuance of Federal Decree-Law No. (17) of 2025 amending certain provisions of Federal Decree-Law No. (28) of 2022 on Tax Procedures, as part of the UAE’s continuous efforts to enhance the efficiency of the tax system and strengthen the principles of transparency and fairness in tax transactions. The amended law will come into effect on 1 January 2026. Enhancing Financial Discipline The amendments aim to establish a clearer and more structured legal framework for tax obligations and procedures, including regulating the timeframe for requesting refunds of
Third quarter total revenue of $1,229.8 million, up 4.4% year over year as reported and 4.2% in constant currency Third quarter Enterprise revenue of $741.4 million, up 6.1% year over year Third quarter GAAP operating margin of 25.2% and non-GAAP operating margin of 41.2% Third quarter operating cash flow of $629.3 million, up 30.2% year over year Third quarter operating cash flow margin of 51.2% and free cash flow margin of 50.0% Third quarter GAAP EPS of $2.01, up 204.5% year over year, and non-GAAP EPS of $1.52, up 10.1% year over year Number of customers contributing more than $100,000 in trailing 12 months revenue up 9.2%
Tabby settles the full amount of fees and fines with the government entity upfront, allowing customers to repay the amount in instalments under pre-agreed terms. The partnership ensures the most competitive commission rate for customers who choose to use the service. Dubai, November 25, 2025 The Ministry of Finance (MoF) has announced the launch of payment services in collaboration with Tabby, offering customers the option to pay government service fees and fines in instalments through authorised payment channels based on the “Buy Now, Pay Later” model. This partnership is the Ministry’s first of its kind with Tabby, the
Initiative organised in partnership with local and international institutions The programme enables youth to gain practical experience in the government financial system. H.E. Younis Haji AlKhoori: We are committed to developing a generation of financial leaders capable of translating theoretical knowledge into actions. Dubai, November 24, 2025 The Ministry of Finance (MoF) concluded the “Field Visits to Financial Institutions” programme, held under the “Leaders of Finance” initiative in cooperation with several local finance departments, international financial institutions, and in partnership with the Federal You
Dubai, United Arab Emirates, 20 November 2025: Dubai Airports and flydubai have entered a new chapter in their collaboration with the signing of a Service Level Agreement (SLA), at the Dubai Airshow 2025, strengthening operational and financial efficiency across the aviation ecosystem. The new integration means Dubai Airports has successfully linked flydubai’s systems with its operational database (ODMP) and billing platform (VEOVO) resulting in a fully automated, auditable billing process that replaces manual, workflow with a more efficient, consistent, and standardised approach. What once took thousands of PDF pages and lengthy OCR ch
Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth The post 25 years and counting: ADX achieves key milestones appeared first on Gulf Business.