Rents in the property market of Dubai, UAE, for apartments are falling faster than sale prices and so the yields are declining. However they still remain very strong and are amongst the best in the world, said Propertyfinder Trends, in its third edition.
( read original story …)
More & More Dubai Startups Take To The Cloud, Says Report
Report developed by Dubai Silicon Oasis Authority, IBM in collaboration with Thomson Reuters 38 percent of those not yet on the cloud plan to adopt the technology in the near future Dubai-UAE: 18 December, 2017 – Dubai Silicon Oasis Authority (DSOA), the …
( read original story …)
UAE committed to preserving, promoting Arabic language
when meeting Emirati and Arabs in the UAE. On UN Arabic Language Day (December 18), Gulf News asked expats who have been here for a fair amount of time why they lag behind in Arabic as a second language. Many put it down to the multicultural profile of the …
( read original story …)
Dubai Financial Market launches short-selling service
Dubai Financial Market (DFM) has officially launched a short-selling service for stocks after completing the necessary regulatory and technical steps. Under the system, investors can sell securities that are listed on the market that they do not own with …
( read original story …)
Emirates Development Bank adopts SME Finance Strategy
This gives companies a greater finance opportunity at a lower cost, which leads to better evaluation with regards to the ease of doing business, global competitiveness, innovation, entrepreneurship and development. Esteemed members of the UAE Cabinet …
( read original story …)
Dubai Financial Market : DFM launches regulated short-selling
The Dubai Financial Market said it is processing licence requests from seven brokerage firms to provide the service. (Supplied photo) The Dubai Financial Market (DFM) announced on Sunday the long-anticipated launch of regulated short-selling (RSS) as part …
( read original story …)
Personal finance industry in UAE reacts to surge in bitcoin interest
But with no regulation in the sector, it is not possible for a UAE resident make bitcoin part of their investment portfolio in the same way they would when buying currency or shares through their personal finance advisor. In reaction to this Holborn Assets …
( read original story …)
Dubai Financial Market : UAE bourses likely to revive end-2017 – Analysts
Dubai – Mubasher: The UAE stock markets are expected to rise prior to the end of the current year as stocks are testing attractive buying levels, in line with the completion of ADNOC Distribution’s initial public offering (IPO). The Dubai Financial …
( read original story …)
Emirates Development Bank pledges Dh450m of funding to SMEs for 2018
Emirates Development Bank (EDB) has allocated Dh450 million of its Dh1 billion budget for next year to support the country’s small-to-medium-sized enterprises (SME), as soft economic conditions continue to weigh on the segment. The UAE government lender …
( read original story …)
Solar energy in UAE making impressive progress
ABU DHABI: The UAE has made great strides over the past few years and is leading the region’s drive towards renewable energy, particularly in the solar sector, according to a report by a leading Arab energy corporation. ”The development of the renewable …
( read original story …)
Blockchain is technology no one should ignore
The UAE’s embrace of technology and the digital transformation is changing the country in ways few could have imagined just a few years ago. Chief among these technologies is blockchain. While a few people may associate the technology with the hyper …
( read original story …)
VAT Impact Will Attract Global Players To Dubai Real Estate Market
The introduction of Value Added Tax in the UAE from next month will provide major new incentives for institutional investors to enter the Dubai real estate market, according to the head of one of the country’s largest brokerages. Firas Al Msaddi, CEO of …
( read original story …)
70% of Dubai start-ups employ cloud computing
As we transition to a more technology-focused world, all sectors of the UAE’s economic landscape are working relentlessly to forge a digital transformation.” The report was launched on Monday at a joint press conference held at Dubai Technology …
( read original story …)
UAE’s MMEs focus on sustainable business practices
Dubai: Nearly half (44 per cent) of mid-market enterprises (MMEs) in the UAE, see a direct connection between sustainable business practices and commercial success, according to data from HSBC Commercial Banking. Many MMEs report that their customers are a …
( read original story …)
Dubai Safari remains closed for 2nd day
Dubai: The UAE’s unstable weather has caused Dubai Safari Park to remain closed for a second day in a row. Organisers of the safari park told Gulf News on Monday that, “it will remain closed until further notice.” Dubai Municipality announced the …
( read original story …)
Milestones in UAE’s Year of Giving
Dubai: When 2017 was announced as the Year of Giving, the UAE and its people quickly and devotedly responded. Public and private institutions as well as individuals and groups came forward to contribute to the noble cause by launching numerous initiatives …
( read original story …)
Aldar starts delivery of prime Abu Dhabi properties
Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has started a phased handover of residential units at its Ansam and Al Hadeel properties to home owners and investors following the completion of its construction work.
( read original story …)