With growing population, Pakistan is facing a serious issue of housing shortage that can only be resolved by introducing vertical developments and promoting mortgage facility to ease financial woes of …
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No decision yet on expanding Dubai’s Salik toll gates after IPO announcement
Salik has no immediate plans to expand the number of gates in Dubai, its chairman has said. The company — which is exclusively authorised to operate, manage and develop the traffic toll system in …
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UAE economy surpasses pre-pandemic levels
The UAE has surpassed the pre-pandemic levels in many economic indicators and is first in the world in terms of security and safety and infrastructure, His Highness Sheikh Mohammed bin Rashid Al …
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Dubai Electricity and Water Authority PJSC intends to distribute cash dividends of over $843mln for H1 2022
This is intended to be paid to the Company’s eligible shareholders in October 2022 DUBAI – Dubai Electricity and Water Authority PJSC (DEWA or the Company), the Emirate of Dubai’s exclusive …
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UAE: Finwin Commercial Brokers and Siraj Finance ink MoU
Backed up with a team of expert financiers and corporate leaders, FCB is the brain child of Faroon Hamim, group chairman at Finwin Group. Rusan Fyroze, CEO at Siraj Finance PJSC, board member and …
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British multi-millionaire hedge fund manager, 52, asks UAE judges not to extradite him to Denmark weeks after he was arrested in Dubai over £1.3billion tax fraud
A British multi-millionaire hedge fund manager has asked UAE judges not to extradite him to Denmark months after he was arrested in Dubai over £1.3 billion tax fraud. Sanjay Shah’s lawyer …
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UAE to assemble luxury Electric Vehicles
The Dubai International Financial Centre-based company is planning to raise $10 million on an exclusive equity finance engagement to develop Falak Motors in the UAE.. UAE to assemble luxury Electric …
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Dubai Court requests more documents in Sanjay Shah extradition case
Provided by The National Sanjay Shah is accused of tax fraud by Danish authorities. Antonie Robertson / The National . Authorities in Denmark have been asked by the Dubai Court …
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Dubai property market deals reach $354 million on Thursday
The first week of this month saw residential property deals in the emirate hitting very high levels – AED 3 billion, AED 2.4 billion and AED 1.8 billion on September 6, 5 and 1, respectively Dubai …
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The Role Of Digital Banking In Bolstering The UAE’s SMEs
It not only enables banks to offer the quick, convenient banking that SMEs are looking for, but also for them to provide support and guide on more than just financial matters, but also HR, legal and …
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Emirates NBD Securities’ new platform to enable ‘instant’ trading on Dubai stock market
Emirates NBD, which is the emirate’s biggest lender, will allow customers to instantly acquire a DFM investor number (NIN) and Emirates NBD Securities brokerage account Emirates NBD Securities’ new …
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Dubai records over $354mln in realty transactions Thursday
DUBAI: Dubai real estate market recorded 372 sales transactions worth AED1.04 billion, in addition to 76 mortgage deals of AED148.6 million, and 28 gift deals amounting to AED169.89 million on …
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‘Close friend, global icon’: UAE leaders mourn Queen Elizabeth II, pay tributes
The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, extended his sincere condolences to the family of Queen Elizabeth II and the people of the UK. Calling her a “close friend of the …
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UAE, world leaders offer tributes to Queen Elizabeth II
A respected figure across the globe, Queen Elizabeth II acceded to the throne on February 6, 1952. UAE President, Sheikh Mohamed bin Zayed Al Nahyan, offered his condolences and hailed the Queen as a …
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Dubai International Financial Centre records strong growth in H1 2022, reaffirming Dubai’s status as a global financial hub
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, delivered robust growth in the first half of 2022. The Centre …
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I’m trapped in Dubai jail for crime I didn’t commit – guards kick my head like a football & I have to drink toilet water
A BRIT grandad trapped in a Dubai jail has told of the horror conditions as he claimed guards kick his head “like a football” and he has to drink toilet water to survive. Albert …
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UAE: Stocks gain Dh10 billion on Wednesday
The UAE financial markets on Wednesday posted gains of more than Dh10 billion in market cap driven by upbeat sentiments at the realty, banking and telecom sectors, and cash inflows by institutions and …
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