Category: FINANCE

Buyers continued to flock to Dubai’s property market, with real estate deals reaching AED1.54 billion ($419.3 million) on Monday, data from the Dubai Land Department (DLD) showed. Total sales stood at …

In the third quarter of 2022, Dubai’s real estate market witnessed the highest performance for a quarter in 12 years.

Saudi Arabia’s sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according …

New methodology caps threshold of DFM index individual constituent at 10% instead of 20% The Dubai Financial Market (DFM) has launched a new general index which provides market participants with …

Dubai Islamic Bank has entered into a strategic alliance with Al Ramz Corporation to offer its clients access to specialised and diversified capital markets services. Under the arrangement, Al Ramz …

CFI Financial Group, a globally regulated trading provider enabling next-generation access to financial markets, hosted a celebratory day for the visit …

Finance House, one of the UAE’s leading financial institutions, has signed a first-of-a-kind agreement with Global Software Solutions Group, a UAE-founded software solutions organization, to offer …

The UAE will continue to drive foreign direct investment (FDI) capital into the region as investors prefer the emirate due to its business-friendly policies, excellent infrastructure, …

Hatem El Safty, CEO of Business Link, said the UAE will attract a major share of $66 billion in potential FDI inflows into the Middle East, North Africa, and Pakistan (MENAP) in 2023 as global …

Two emirates have announced that motorists need to pay just half of their fines, while another has a pay-early-get discounts offer going on …

The leaders discussed ways to further boost ties between the UAE and Bahrain in different areas and identify new collaboration opportunities to benefit the peoples of the two countries. Both sides …

The UAE financial technology (FinTech) sector is one of the fastest growing in the region on account of the UAE leadership and their drive to encourage and develop the sector, this was revealed during …

The top ten UAE banks’ profitability in the third quarter 2022 jumped on the back of higher core interest income despite a slowdown in loans and advances g..

Dubai slashes commute times, Qatar bans beer sales at World Cup and there is a $5bn floating turtle city coming to Saudi Arabia Dubai commuters will be getting to work faster, football fans in Qatar …

In almost all areas of the most famous emirate, the cost of rent is growing, but the highest growth rates are observed in the areas of: Downtown, Discovery Gardens, Dubai International Financial …

UAE resident shares mistakes, lessons when starting jewellery e-retail platform at age 32 UAE-based Lebanese expat Iman Fawaz, 32, learnt from a young age how to save money and plan for a business by …

As a well-established crypto OTC in Dubai, SUID wants to increase its crypto exposure in Dubai. Dubai finds itself as a regional financial and also a crypto-financial hub for businesses and startups …