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Category: FINANCE

Posted on 08/08/2023

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

The agreement aims to enhance co-operation, co-ordination, and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance.

Posted on 08/08/2023

Real estate in Dubai much more affordable than Mumbai, says Dubai’s 1% man

While he sees potential and opportunities in India’s financial capital, Rizwan Sajan is sticking to the emirate for now …

Posted on 08/08/2023

Dubai Foreign Visits Hit 8.5m in H1 2023, Becomes Region’s Wealthiest City

According to the update, with over 8.5 million visits to the United Arab Emirate (UAE) country in the first half of 2023, Dubai becomes the region’s wealthiest city in the Middle East and North Africa …

Posted on 07/08/2023

Dubai logs over $762.3mln in realty transactions Monday

Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …

Posted on 07/08/2023

Dubai logs over AED2.8bn in realty transactions Monday

Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …

Posted on 07/08/2023

BIT 2023: The ultimate banking and fintech confluence set to ignite the future of finance

Khaleej Times, in partnership with WeValue Inc., has announced the much-anticipated fourth edition of BIT 2023 — Banking, Innovation & Technology forum. Th..

Posted on 07/08/2023

VIDEO: What is Dubai’s Strategic Plan 2023-2026 all about?

The Strategic Plan 2023-2026 focuses on financial empowerment, sustainability, innovation, financial leadership as well as future foresight. Watch the Zawya video here. Disclaimer: This article is …

Posted on 07/08/2023

Tafaseel BPO unveils revamped website and Egypt expansion as part of its IPO vision for 2025

As the company gears up for its highly anticipated Initial Public Offering (IPO) in 2025 … Tafaseel BPO remains a multicultural hub of talent and innovation. As the UAE’s largest BPO provider, …

Posted on 07/08/2023

Dubai’s BHM Capital successfully integrates with DFM for seamless trading

Dubai-based capital market player BHM Capital announced its successful integration into the Dubai Financial Market (DFM) electronic platform and mobile application. The integration gives BHM Capital …

Posted on 07/08/2023

Chinese investors surge back into Dubai real estate market with remarkable 130% jump

Chief Financial Officer of Allsopp & Allsopp, told Arabian Business. In early 2023, Chinese travel restrictions were lifted, enabling Chinese investors to once again directly access the Dubai property …

Posted on 07/08/2023

Ajman Bank $150mln Rights Issue oversubscribed 7.4 times

The Rights Issue offered both registered shareholders and other investors the chance to subscribe to the newly issued shares at a price of AED1 per share, matching the nominal value of Ajman Bank’s or …

Posted on 07/08/2023

Ajman Bank’s Dhs550m rights issue receives strong response

The rights issue from Ajman Bank offered both registered shareholders and other investors the chance to subscribe to the newly issued shares at a price of Dhs1 per share …

Posted on 07/08/2023

Ajman Bank AED 550mln rights issue oversubscribed 7.4 times

Ajman Bank’s AED 550 million Rights Issue saw an overwhelming response indicating oversubscription of 7.4 times, with a total demand of AED 4.1 billion. The initiative attracted many international …

Posted on 07/08/2023

Dubai Holding appears to have acquired troubled Dubai Pearl plot

According to signage close to the site, Dubai Pearl now appears to come under Dubai Holding. Dubai Holding appears to have acquired troubled Dubai Pearl plot. dubai holding, dubai pearl, tourism news, …

Posted on 06/08/2023

Sheikh Maktoum announces the Ministry of Finance Strategic Plan 2023-2026

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on Sunday announced the launch of the Ministry of Finance’s Strategic Plan 2023 …

Posted on 06/08/2023

BHM Capital joins Dubai Financial Market’s electronic platform and mobile application

Dubai, United Arab Emirates: BHM Capital, one of the leading financial institutions in the UAE capital markets, has announced its successful integration into the Dubai Financial Market (DFM) …

Posted on 06/08/2023

UAE: Ministry of Finance announces four-year strategic plan

The ministry will pursue excellence in federal government work,’ says UAE Minister of Finance Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum …

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