Category: FINANCE

The COP28 President-Designate paid tribute to the work of Mia Mottley, Prime Minister of Barbados, in driving climate finance reform for vulnerable countries across the Global South. “As Prime …

On March 28 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced that ..

AllianceBernstein LP is opening an office in Dubai, joining a raft of international finance firms flocking to the Middle Eastern hub.

Dubai Land Department reports second consecutive billion-dollar real estate day in a row Dubai real estate records second $1bn day in a row Dubai, Dubai Land Department, Dubai real estate Real Estate …

The UAE improved its position as the world’s 16th most attractive foreign direct investment (FDI) destination in 2022 by recording a 10 per cent surge in ..

Chuka Umunna, JPMorgan’s Head of EMEA ESG (environmental, social and governance) & Green Economy Investment Banking, said critics in richer countries should “give the presidency a chance”. “It’s a …

The United Nations report also confirmed that the UAE is the fourth largest recipient of new project investments in the world, with a total of 997 projects, after the United States, Britain and India, …

This notice was issued following approval from the CBUAE board on a set of measures aimed at easing the burden of increased interest rates on residential real estate loans for UAE nationals …

DUBAI, July 5 (Reuters) – Several Middle Eastern companies are planning initial public offerings (IPOs) in 2024 instead of this year, a senior Bank of America executive said, amid worries of a global …

UAE’s financial wealth will witness a strong expansion in coming years, growing from $700 billion in 2021 to $1 trillion in 2026 …

Saudi Arabia would extend its voluntary output cut of 1 million barrels per day (bpd) to August, the kingdom’s state news agency reported. Russia will also reduce its oil exports by 500,000 bpd in …

Dubai saw more than a billion dollars of real estate transactions on Tuesday, July 4 Dubai real estate sector records $1.1bn day Dubai, Dubai Land Department, Dubai real estate Real Estate …

Wio Bank, the region’s first platform bank, has signed an agreement with Abu Dhabi Securities Exchange (ADX) to facilitate Initial Public Offering (IPO) subscriptions on ADX. This agreement allows Wio …

Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, on Tuesday revealed the details of the updated version of the UAE Energy Strategy 2050 and the development of the National Hydro …

The United Arab Emirates plans to triple its supply of renewable energy and invest up to $54 billion over the next seven years to meet its growing energy …

The UAE Central Bank has issued a notice to all banks and finance companies in the Emirates to outline the measures they have taken to reduce the burden of higher interest rates on home loans for UAE …

Dubai stock index soared to the highest level since August 2015, marking an eight-year high on gains driven strongly by real estate stocks.The Dubai Financial Market General Index closed on a 2.3 …