Dubai Holding, an investment conglomerate owned by the emirate’s ruler, said on Monday it plans to list a 12.5% stake in a residential leasing-focused real-estate investment trust (REIT) in the first …
Dubai Holding launches IPO for Dubai Residential REIT
Dubai Holding, through its wholly owned subsidiary DHAM REIT Management (the Fund Manager), today announced its intention to launch an initial public offering (IPO) for Dubai Residential REIT.
Hiring in UAE and Saudi Arabia rises sharply on non-oil economic boost
The pace of hiring in the UAE and Saudi Arabia rose sharply in April after business activity in their non-oil private sector economies maintained strong growth amid the continued push for …
Dubai firm unveils plan to build skyscraper-studded tax-free financial centre in Maldives
The Maldives government has partnered with Dubai-based MBS Global Investments to set up an $8.8 billion financial centre at capital Male, as the country seeks to attract more digital nomads and …
News Explorer — Buterin Proposes Switching Ethereum to RISC-V to Simplify Operations, Boost Participation
Buterin Proposes Switching Ethereum to RISC-V to Simplify Operations, Boost Participation. Vitalik Buterin has proposed replacing Ethereum’s Virtual Machine with RISC-V to simplif …
Senator Warren Calls $2B Trump-UAE Deal ‘Shady,’ Urges Against Senate Crypto Legislation
Senator Warren says the Senate’s stablecoin bill would let the president “profit” off his own crypto as foreign powers buy in.
Maldives Could Soon Become a Crypto Hub Thanks to Dubai Family Office’s $9B Commitment
The investment aims to help the Maldives diversify its economy beyond tourism and fisheries and address its debt obligations.
Dubai Ruler’s Investment Firm Plans to List Residential REIT
An investment conglomerate owned by Dubai’s ruler plans to list a portfolio of residential property assets on the local bourse, seeking to capitalize on the emirate’s real estate boom.
Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives
MBS Global Investments, the Maldives government signed a joint venture agreement on Sunday to build $8.8 billion crypto hub in Malé.
$500 million Pakistani goods entering India via other countries despite import ban: Report
Following the deadly terror attack in Pahalgam, India banned all imports from Pakistan, but Pakistani goods worth $500 million are reportedly entering India through third countries like the UAE, …
5 of the best restaurants in Dubai this week: May 5 to 8
What’s cooking in Dubai? This… Dubai’s food game is nonstop, and if your week revolves around what’s on your plate, you’re speaking our language. From the latest openings to exclusive pop-ups and chef …
Dubai’s Crown Prince reviews road projects set to cut travel time, boost mobility
The Crown Prince was briefed on the deployment of smart technologies to monitor road infrastructure projects across the emirate Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, …
Dubai Holding to list its residential Reit on DFM
Dubai Holding, a diversified global investment company, is listing its Dubai Residential Reit, a sharia compliant income generating real estate investment trust on the Dubai bourse, amid a continued …
Dubai Holding announces tntention to float Dubai residential REIT on the Dubai Financial Market
The Fund Manager reserves the right to amend the size of the Offering at any time prior to the end of the subscription period in its sole discretion, subject to the applicable laws of the UAE and the …
Dubai Holding announces Dubai Residential REIT IPO on DFM
on the Dubai Financial Market (DFM). According to today’s announcement, the offering will include 1,625,000,000 units representing 12.5 per cent of the REIT’s issued unit capital. Trading is expected …
Dubai Holding kicks off residential REIT IPO
DUBAI – Dubai Holding, an investment conglomerate owned by the city’s ruler, said on Monday it plans to list a residential leasing-focused real-estate investment trust (REIT), in the first initial …
New fintech trends reshape digital finance as cryptos gain traction
The global cryptocurrency landscape is undergoing a seismic transformation, driven by fintech innovations such as blockchain, decentralised finance (DeFi), artificial intelligence (AI), and central …