In a latest report, Moody's Investors Service says mergers will ensure that the banking sector would benefit through synergies and increased pricing power. In the UAE, mergers talks are underway among ... ( read original story ...)
Lowry fights to hold Abu Dhabi halfway lead by 1 stroke
ABU DHABI, United Arab Emirates (AP) -- Shane Lowry of Ireland recovered from two early bogeys Thursday by hitting enough good shots for a 2-under 70, giving him a one-shot lead going into the weekend ... ( read original story ...)
Dubai says event bid wins worth $330m in 2018
Throughout 2018, Dubai submitted 557 business event bids, up from 354 in 2017, and among the wins awarded were those for bids submitted in previous years. Dubai Business Events (DBE), the city’s offic... ( read original story ...)
2018 Dubai property market report at annual breakfast briefing: Cavendish Maxwell
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C... ( read original story ...)
VOT the new buzzword in Dubai property market
Vacant on Transfer (VOT) has become the new market buzzword, while secondary market sales transfers showed an uptick in transactions in 2018, according to an industry expert. The term, mainly used for ... ( read original story ...)
KG Group buys major stake in Dubai real estate group
KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique rea... ( read original story ...)
Tenants upsize from central locations to outer lying areas in Dubai
Several families in Dubai are moving from centrally located communities to secondary areas. These outer lying communities offer lower prices and the appeal of moving to a new property. "We are seeing ... ( read original story ...)
The Six: Sharjah Film Platform set to screen boundary-pushing movies
DUBAI: The film festival in Sharjah will screen more than 140 films from over 40 countries between Jan. 18 – 26. Here are a few of the films set to go on show. A housewife is desperately trying to rei... ( read original story ...)
Abu Dhabi financial centre launches sustainable finance agenda
The agenda that was launched as part of Abu Dhabi Sustainability Week aims to formally foster the industry of sustainable finance and investments in the UAE and wider region. “Banks have already start... ( read original story ...)
Dubai, London financial hubs set to deepen fintech ties
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai and chairman of DIFC, on Tuesday received Peter Estlin, Lord Mayor of the City of London. Dubai International Financial Centre ... ( read original story ...)