“Typically, when we want to go public, we target five to seven years [in the] horizon, but in the case of Right Health we are close to three to five years for its IPO. Listing for Right Health will mo…
( read original story …)
Dubai to offer digital payments on Pundi X technology
emcredit is the Dubai’s first credit bureau which launched operations as a federal corporation established by the Ministry of Finance. emcredit is a 100% subsidiary of the Dubai Department of …
( read original story …)
Dubai Still an Investment Darling, With Dh17.7 Billion in FDI
The report emphasised that Dubai has the highest level of specialisation in FDI in technological components across all business sectors. Read More Dubai Signs Fintech Agreement With Singapore’s Moneta…
( read original story …)
Improving government finances of UAE support higher spending
According to the Institute of International Finance (IIF), the sizeable fiscal consolidation of the past three years should put the fiscal stance on a more sustainable footing for the UAE over the …
( read original story …)
Jordan signs financial assistance agreements with Saudi Arabia, Kuwait, and UAE
Amman, Oct. 4 (Petra)- In the presence of Deputy Prime Minister and Minister of State, Rajai Muasher, the governments of Jordan, Saudi Arabia, Kuwait and the United Arab Emirates (UAE) signed a number …
( read original story …)
UAE and Saudi Arabia raise their nation brand value
The UAE and Saudi Arabia, both increased the value of their “nation brands” in 2018, based on the strength of their goods and services, investment potential and quality of life, according to the lates…
( read original story …)
Dubai court increases British newspaper editor’s sentence to 15 years for killing wife
The Dubai Court of Appeals’ ruling added another five years onto the prison sentence of former Gulf News editor Francis Matthew, who initially was found guilty in March of bludgeoning his wife to deat…
( read original story …)
Bank mergers help cut funding costs, enhance pricing power
Most analysts are of the view that a new round of bank mergers – the fourth series of consolidation in the UAE’s banking history – would serve to further consolidate the over-crowded financial system. …
( read original story …)
Dubai to have new cardiovascular centre
Dubai: Dubai is all set to have a state-of-the-art cardiovascular centre soon, as Dubai strives to become the regional health care hub. Approved by the Dubai Executive Council, the centre will be …
( read original story …)
Youth theatre fest launched by Dubai Culture
Dubai: The Dubai Culture and Arts Authority (Dubai Culture) on Saturday officially launched the 12th edition of Dubai Festival for Youth Theatre — taking place from October 6 to 17 — at the …
( read original story …)
Abu Dhabi Securities Exchange lists Aldar Properties’ sukuk
Dubai: The Abu Dhabi Securities Exchange (ADX) said Aldar Properties listed its sukuk, marking the first corporate sukuk on the bourse. The sukuk, which was raised at a profit rate of 4.75 per …
( read original story …)
Abu Dhabi apartment rents down as much as 12.73% in Q3
Rental rates for residential property in the UAE capital Abu Dhabi fell by as much as 12.73 per cent in the third quarter, according to listings site Bayut. The company said rental decreases …
( read original story …)
Abu Dhabi schools show a 34 per cent improvement in performance
Abu Dhabi: Schools across the emirate of Abu Dhabi showed an improvement of 34 per cent for the 2017/2018 academic year in comparison to the previous year in results announced by the Abu Dhabi …
( read original story …)
Explainer: Key boosters for UAE’s GDP growth
Dubai: The UAE government’s recent move to … those supporting small and medium enterprises (SMEs), reducing business costs and strengthening the investment environment.
( read original story …)
Abu Dhabi warn residents of food rumours
The Abu Dhabi Food Control Authority (ADFCA … launched a campaign last April to warn the public on how to spot fake news, which includes checking the URL of the site, investigating the source …
( read original story …)
Abu Dhabi real estate prices decrease in Q3: Bayut
The Abu Dhabi property market has seen prices fall on average for both apartments and villas with significant changes in property prices for a few areas in the emirate in the third quarter from the se…
( read original story …)
Dubai Properties Recognized for 1/JBR at Cityscape Awards
Dubai Properties, a leading Dubai-based master developer and member of Dubai Holding, and EDGE, an award-winning architect and lead consultant, received an award for the luxurious 1/JBR project at the …
( read original story …)