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Published on 11:58 GMT

UAE leads as Middle East embraces digital assets

Homepage > News > Finance > UAE leads as Middle East embraces digital assets The United Arab Emirates recorded the highest growth in digital asset activity, leading the rise of the Middle East and North Africa (MENA) as a digital asset hub, a new …

Source: Coingeek - Neutral
Published on 09:03 GMT

UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses

Earlier this week, the UAE announced changes to its tax policy, exempting certain crypto transactions from Value Added Tax (VAT). This move eliminates the previous 5 percent VAT on crypto transfers and conversions. In an interview with Gadgets360, Binance…

Source: NDTV - Center-right
Published on 01:22 GMT

Top 10 countries with the highest cryptocurrency investors

In a recent study conducted, ranking countries based on their cryptocurrency ownership rates, the United Arab Emirates (UAE) came out with the lead. CEO World Magazine, recently offered insight into global trends with UAE leading with the highest …

Source: Vanguard - Label Pending
Published on 01:16 GMT

UAE Takes Bold Step by Exempting Crypto from VAT

The United Arab Emirates (UAE) has recently announced a significant policy shift by exempting cryptocurrency transactions from Value-Added Tax (VAT). This bold move aims to bolster the UAE’s position as a global hub for digital assets and to stimulate …

Source: Fintechs.fi - Neutral
Published on Oct 7, 2024

UAE Removes VAT On Cryptocurrency Transfers And Conversions

The UAE has made a serious commitment to make it increasingly attractive as a global cryptocurrency hub by announcing a massive tax exemption. Starting November 15, 2024, all transactions involved in cryptocurrency exchange and conversion will be exempted …

Source: Bitcoinist - Neutral
Published on Oct 7, 2024

UAE Brings Crypto in Line with Traditional Finance by Exempting VAT

The UAE has exempted cryptocurrency transactions from VAT, retroactively applying the rule since January 1, 2018, significantly benefiting the crypto ecosystem and treating it similarly to traditional finance. Last updated: October 7, 2024 09:16 EDT …

Source: Cryptonews - Neutral
Published on Oct 7, 2024

Crypto Taxes In UAE Scrapped! What The Future Holds For UAE. Will Other Countries Follow Suit?

As the crypto market in UAE is rapidly blooming, they have recently made some huge changes to the VAT rules. It was made public that the crypto holders no longer needed to make tax payments while trading their assets. With major Dubai-based companies …

Source: BizTechAfrica - Neutral
Published on Oct 7, 2024

UAE Introduces New VAT Exemptions for Group Health Insurance and Crypto Investments

According to the UAE Ministry of Finance, the VAT exemption will include managing investments made for or on its behalf and tracking and enhancing the performance of the funds. While the VAT exemptions on some financial services and cryptocurrency …

Source: The Global Economics - Neutral
Published on Oct 7, 2024

UAE Sets Stage for Crypto Boom With New Tax Exemption Policy

Starting from November 15, 2024, the UAE will exempt cryptocurrency transactions and conversions from Value Added Tax (VAT), applicable to both individuals and businesses. While other nations remain cautious in establishing clear cryptocurrency regulations …

Source: BeInCrypto - Center-left
Published on Oct 7, 2024

UAE exempts VAT for some crypto activities; here's what you need to know

The UAE has exempted certain activities around cryptocurrencies and virtual assets from the Value-Added Tax (VAT) in the latest amendments to Executive Regulations approved by the UAE Cabinet. Nimish Goel, partner at Dhruva Consultants, said virtual assets …

Source: Khaleej Times - Pro-Government
Published on Oct 7, 2024

UAE Removes VAT on Cryptocurrency Transactions

UAE exempts crypto transactions from VAT Exemption applies retroactively from Jan. 1, 2018 Covers exchange and transfer of ownership of digital assets 5% VAT levy no longer applies to crypto transfers and conversions Change takes effect Nov. 15, 2024 The …

Source: Blockonomi - Neutral
Published on Oct 7, 2024

Dubai millionaire donates 5 million baht to Moo Deng and Thai zoo

Photo via Facebook/ ขาหมู แอนด์เดอะแก๊ง A millionaire from Dubai in the United Arab Emirates visited the adorable pygmy hippo Moo Deng at Khao Kheow Open Zoo in Chon Buri province. So captivated was he by the charming animal that he generously donated …

Source: Thaiger - Neutral
Published on 10:25 GMT

CryptoPotato Profiles: Who is Changpeng Zhao, the Mastermind Behind Binance

When we talk about crypto, many things come to mind—Bitcoin, Ethereum, Binance, blockchain, and whatnot. But those who’ve been following the industry for a while surely also think of Changpeng Zhao – one of the field’s most influential and, quite frankly, …

Source: CryptoPotato - Neutral
Published on Oct 6, 2024

Will Bitcoin Price Benefit from UAE’s New VAT Exemptions for Virtual Assets?

The Bitcoin price surged 0.55% during the low-volatility weekend, currently trading at $62400. Following the broader market relief rally, the BTC price showcased its sustainability at $60,000 support, bolstering buyers to recuperate the bullish momentum. …

Source: Coingape - Neutral
Published on Oct 6, 2024

UAE exempts cryptocurrency transfers, conversions from value-added tax

The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract crypto companies and investors. Consider the latest update: The UAE announced value-added tax (VAT) exemptions for …

Source: crypto.news - Neutral
Published on 06:54 GMT

Money Remittance Services Market May Set a New Epic Growth Story | Western Union , MoneyGram

According to HTF MI, the Money Remittance Services Market is expected to register a CAGR of 8.11% during the forecast period to 2030. PUNA, MAHARASHTRA, INDIA, October 7, 2024 /⁨EINPresswire.com⁩/ -- The latest study released on the Global Money …

Distribution channels: Banking, Finance & Investment Industry ...
Published on 10:00 GMT

Bybit and Nordic Blockchain Association Collaborate to Drive Innovation in the Nordic Blockchain Ecosystem

DUBAI, United Arab Emirates, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced a strategic partnership with the Nordic Blockchain Association (NBA), the driving force behind the …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on 04:07 GMT

Tether Celebrates 10 Years of Global Adoption & Stablecoin Dominance with Over 350 Million Users...

Tether, the largest company in the digital assets industry, celebrates a decade of pioneering advancements and innovation that have shaped the ever-evolving landscape of digital assets. Since its inception in 2014, Tether has revolutionized finance by …

Source: Business Ghana - Label Pending
Published on 09:48 GMT

National Bank of Bahrain Launches First Bitcoin-Linked Investment Product in Gulf Cooperation Council

The fund offers a powerful hedge against the volatility associated with cryptos. Last updated: October 8, 2024 03:17 EDT Author Sujha Sundararajan Author Sujha Sundararajan About Author Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto …

Source: Cryptonews - Neutral

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Published on October 8, 2024 - 05:51 GMT

Clean Energy Technologies, Inc. Collaborates with True North Computing to Deliver Advanced Microgrid Solutions for ...

Irvine, CA., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for …

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Published on October 3, 2024 - 11:16 GMT

Snutx Invests in the Future: Launching $200 Million Fund to Foster Cryptocurrency Technology Development

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Snutx Venture Capital, the venture capital arm of Snutx Cryptocurrency Exchange, has launched a $200 million funding program targeting core technologies poised to transform the traditional financial sector. This …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...

Published on October 8, 2024 - 10:00 GMT

Asprofin Bank Introduces Quantum Dot Technology with Quanta Infinitum Data for Enhanced Package Tracking and ...

Roseau, Dominica , Oct. 08, 2024 (GLOBE NEWSWIRE) -- Quanta Infinitum Data has revealed that it has developed a partnership with Asprofin Bank. The partnership involves implementing their quantum dot database to streamline package tracking, certification, …

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Published on October 8, 2024 - 10:00 GMT

Bybit and Nordic Blockchain Association Collaborate to Drive Innovation in the Nordic Blockchain Ecosystem

DUBAI, United Arab Emirates, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced a strategic partnership with the Nordic Blockchain Association (NBA), the driving force behind the …

Distribution channels: Banking, Finance & Investment Industry, Companies ...

Published on October 8, 2024 - 05:00 GMT

PRAAMS transforms brokerage and asset management with innovative wealthtech solutions

PRAAMS announces the launch of its latest IT solution for brokers and asset managers to reshape the competitive landscape in the financial services industry. ANDORRA LA VELLA, ANDORRA LA VELLA, ANDORRA, October 8, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on October 8, 2024 - 06:54 GMT

Money Remittance Services Market May Set a New Epic Growth Story | Western Union , MoneyGram

According to HTF MI, the Money Remittance Services Market is expected to register a CAGR of 8.11% during the forecast period to 2030. PUNA, MAHARASHTRA, INDIA, October 7, 2024 /⁨EINPresswire.com⁩/ -- The latest study released on the Global Money …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 7, 2024 - 22:16 GMT

'Building Wealth: Freedom of Time & Money' Tops Amazon Charts, Offering a Blueprint for Financial Freedom

GARIBALDI HIGHLANDS, BC, CANADA, October 7, 2024 /⁨EINPresswire.com⁩/ -- Building Wealth: Freedom of Time & Money, the latest release from author and entrepreneur Jeff Kirdeikis, has claimed the number one spot in Amazon’s 'Budgeting' …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 8, 2024 - 03:30 GMT

SwissGold offers Gold Buy-and-Hold Service in Switzerland

SwissGold issues transferable digital proofs of ownership for investment-grade gold securely held in Switzerland. ZUG, SWITZERLAND, October 8, 2024 /⁨EINPresswire.com⁩/ -- SwissGold Crypto AG, a trusted provider of investment grade gold, is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on October 8, 2024 - 12:15 GMT

Rx Bandz Receives $23M in Contracts from Air Force Advanced Medical Readiness Agency

Contracts Fund Development of MiniJect Auto-Injectors for Ketamine and Hydromorphone FAIRFIELD, NJ, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Rx Bandz, a medical device company, announced today that the Air Force Research Laboratory …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 12:15 GMT

Bill Woolf Named New Chief Executive Officer of Anti-Human Trafficking Intelligence Initiative (ATII)

Industry veteran with broad, cross-sector experience to lead nonprofit tech organization dedicated to eradicating modern-day slavery and child exploitation SURF CITY, NC, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Anti-Human …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 12:09 GMT

Private Student Loans Market : Analyzing Market Dynamics, Regional Trends, and Industry Insights 2024-2032

Private Student Loans Market: Analyzing Market Dynamics, Regional Trends, and Industry Insights 2024-2032 NEW CASTLE, DE, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report recently on the global …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 12:09 GMT

Loan Origination Tools Market to Witness Stunning Growth | Major Giants Ellie Mae, Fiserv, Black Knight, Finastra

Stay up to date with Loan Origination Tools Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. PUNE, MAHARASHTRA, INDIA, October 8, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently introduced …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 8, 2024 - 12:06 GMT

Finance One Limited (now part of LHK Group), Partners with OpenDialog AI to Revolutionise Customer Interactions

LONDON, UNITED KINGDOM, October 8, 2024 /⁨EINPresswire.com⁩/ -- Finance One, a leading Financial Services Company is excited to announce a strategic partnership with OpenDialog AI to significantly enhance customer interactions across its service …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on October 8, 2024 - 12:00 GMT

Alpine Armoring Elevates Luxury with the Armored Rolls-Royce Cullinan

Alpine Armoring, the industry leader in high-end armored vehicle manufacturing, is proud to announce its latest masterpiece: the armored Rolls-Royce Cullinan. CHANTILLY, VA, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Known for setting …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on October 8, 2024 - 12:00 GMT

New Book Empowers Women to Navigate Divorce

Divorce is challenging. Help is available in From I Do to I'm Done, a new book guiding women through the emotional, financial, and legal maze. ROCKVILLE, MD, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Divorce is often one of the …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on October 8, 2024 - 12:00 GMT

OAS and Structuralia launch 1,500 master's scholarships to promote inclusion in STEM careers in the Caribbean

In the Caribbean, only 30% of university students in STEM careers are from underrepresented groups, a figure that reflects a persistent challenge. MADRID, SPAIN, October 8, 2024 /⁨EINPresswire.com⁩/ -- The under-representation in STEM (Science, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on October 8, 2024 - 11:30 GMT

Shawn Bennet to Present Latest ARCH2 Information at the Appalachian Hydrogen and Carbon Capture Conference VI

PENN VALLEY, PA, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- With a Phase I award negotiated with the US Department of Energy’s (DOE) Office of Clean Energy Demonstrations, Appalachian Regional Clean Energy Hydrogen Hub proponents …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on October 8, 2024 - 11:28 GMT

At CAGR 11.8% Enterprise Asset Leasing Market is projected to reach $2.8 trillion by 2032

At CAGR 11.8% Enterprise Asset Leasing Market is projected to reach $2.8 trillion by 2032 NEW CASTLE, DE, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- The report provides a detailed analysis of the enterprise asset leasing market based …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 11:09 GMT

EKRUZER: World's First AR Console on E-Scooters, Merging Mobility and Gaming in a Groundbreaking Experience

DOTA + POKEMON GO + E-SCOOTERS = EKRUZER MELBOURNE, VICTORIA, AUSTRALIA, October 8, 2024 /⁨EINPresswire.com⁩/ -- - EKRUZER introduces the world’s first AR Console on wheels, merging augmented reality gaming with e-scooter technology and …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on October 8, 2024 - 11:00 GMT

Insurance Accounting Software Market to Witness Stunning Growth with QuickBooks, NetSuite, Xero, Acumatica

Stay current with Insurance Accounting Software Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry's growth. PUNE, MAHARASHTRA, INDIA, October 8, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 8, 2024 - 10:53 GMT

Creatio Partners with Wiza to Offer its Users Enhanced Sales Prospecting and Data Enrichment Capabilities

Creatio users can integrate Wiza to discover and sync new leads and automatically enrich existing contacts with real-time verified contact data BOSTON, MA, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of a no- …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on October 8, 2024 - 10:38 GMT

Pet Insurance Market: An Overview of Industry Analysis, Growth Opportunities, and Forecast (2024-2033)

Pet Insurance Market: An Overview of Industry Analysis, Growth Opportunities, and Forecast (2024-2033) NEW CASTLE, DE, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research has released a new report titled “Pet Insurance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 10:24 GMT

Commercial Flood Insurance Market Projected to Grow at 14.1% CAGR, Reaching $30.0 Billion by 2033

Commercial Flood Insurance Market Projected to Grow at 14.1% CAGR, Reaching $30.0 Billion by 2033 NEW CASTLE, DE, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- The report provides both quantitative and qualitative analysis of the global …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 10:00 GMT

Dr. Lynn Steinberg Joins the Esteemed International Order of Fantastic Professionals (IOFP)

Where Quality Matters and Expertise Counts EDMONTON, ALBERTA, CANADA, October 8, 2024 /⁨EINPresswire.com⁩/ -- The International Order of Fantastic Professionals (IOFP) proudly welcomes Dr. Lynn Steinberg, a distinguished psychotherapist, mediator, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 10:00 GMT

The International Order of Fantastic Professionals Welcomes World-Renowned Mark Victor Hansen to it's Esteemed Network

Where Quality Matters and Expertise Counts EDMONTON, ALBERTA, CANADA, October 8, 2024 /⁨EINPresswire.com⁩/ -- The International Order of Fantastic Professionals (IOFP) proudly announces the induction of Mark Victor Hansen, a co-author of the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 09:48 GMT

Exploring the Term Loan Market: Trends, Industry Dynamics, and Competitive Analysis (2024-2032)

Exploring the Term Loan Market: Trends, Industry Dynamics, and Competitive Analysis (2024-2032) NEW CASTLE, DE, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- A recent report by Allied Market Research offers an in-depth analysis of the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 8, 2024 - 09:38 GMT

美国阁达德学院Goddard College金融硕士项目全新起航，助力行业精英成长

美国阁达德学院（Goddard College）备受瞩目的金融硕士项目正式亮相，为金融领域的有志之士带来全新机遇 EL MONTE, CA, UNITED STATES, October 8, 2024 /⁨EINPresswire.com⁩/ -- 美国阁达德学院（Goddard College）备受瞩目的金融硕士项目正式亮相，为金融领域的有志之士带来全新机遇。 …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on October 8, 2024 - 09:00 GMT

How M&T Bank and Verivend developed a playbook for fintech, banking relationships

Verivend, a Buffalo, NY-based fintech company, has leveraged its relationship with M&T Bank to scale its payment solution to power the private investment market BUFFALO, NY, UNITED STATES, October 7, 2024 /⁨EINPresswire.com⁩/ -- Verivend has …

Distribution channels: Banking, Finance & Investment Industry ...