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Category: FINANCE

Posted on 17/07/2023

Dubai records over AED3 bn in realty transactions Monday

Dubai real estate market recorded 675 sales transactions worth AED2.49 billion, in addition to 24+93 117 mortgage deals of AED518.57 million, and 8 gift deals amounting to AED19.9 million on Monday, …

Posted on 17/07/2023

Dubai surpasses growth expectations, achieves remarkable results in H1

Dubai’s impressive performance in various sectors has inspired confidence in the global community and major investors. Dubai surpasses growth expectations, achieves remarkable results in H1. dubai, …

Posted on 17/07/2023

Gold investment in UAE: 7 things residents should consider before making a purchase

Gold has long been a symbol of wealth and prosperity. In the UAE, gold is especially prized, and Dubai is a major hub for the global gold market. With its ..

Posted on 17/07/2023

UAE cable maker Ducab may consider IPO to support future expansion

UAE cable maker Ducab may consider an initial public offering to support future expansion, its group chief executive has said. “This is a viable strategy going forward in order to basically fuel our …

Posted on 17/07/2023

UAE has made significant progress in combatting financial crime – Hamid AlZaabi

We’ve improved the capacity, skills, and effectiveness of law enforcement authorities in the UAE to detect and investigate money laundering cases, the founding Director General of the Executive Office …

Posted on 17/07/2023

Dubai continues to reinforce its position as major global economic hub: Sheikh Hamdan

Dubai’s economic performance indicators for the first half of 2023 have exceeded expectations, said the Crown Prince of Dubai …

Posted on 16/07/2023

SA property buyers making golden deals in Dubai

The developers are also providing flexible payment plans of up to five years for those not wanting a mortgage. She says the ROI on property investments is among the highest in the world. Dubai is …

Posted on 16/07/2023

China-UAE, Saudi investments surge in 2023

ALBAWABA – The value of acquisitions and investments by Gulf companies, including Saudi investments, in China has increased by more than 1,000 percent y …

Posted on 16/07/2023

Dubai achieves ‘new levels of growth’ in first half of 2023

Dubai’s impressive performance in various sectors has inspired confidence in the global community and major investors Dubai achieves ‘new levels of growth’ in first half of 2023 Dubai, Dubai Economic …

Posted on 16/07/2023

Dubai set for record economic performance in H2

Dubai continues to reinforce its position as a major global economic hub, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Ministe …

Posted on 16/07/2023

Big Pact Between RBI, UAE Central Bank To Link UPI Systems, Card Payments

Reserve Bank of India (RBI) and Central Bank of UAE (CBUAE) yesterday signed two agreements in Abu Dhabi to establish a framework for cross-border transactions in local currencies and interlinking of …

Posted on 16/07/2023

UAE, Saudi investments in China surge in 2023

ALBAWABA – The value of acquisitions and investments by Gulf companies, including Saudi investments, in China has increased by more than 1,000 percent y …

Posted on 16/07/2023

India, UAE commit to fight against all types of terrorism

Prime Minister Narendra Modi and United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan reaffirmed their joint commitment against extremism and terrorism, including cross-border terrorism, …

Posted on 16/07/2023

India, UAE Sign MoU To Set Up Local Currency Settlement Framework In Bilateral Trade

The move comes amid India’s ongoing efforts to promote the use of the rupee for international transactions. In the past year, the government has actively encouraged the global use of the rupee.

Posted on 16/07/2023

India, UAE ask developed nations to fulfil USD 100 billion climate finance commitment

Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan on Saturday said there was an urgent need for developed countries to fulfil the USD 100 billion …

Posted on 15/07/2023

UAE, India’s Joint Statement After PM Modi’s Visit

The United Arab Emirates and India have issued a joint statement following the official visit made by Narendra Modi, Prime Minister of India, to the UAE today.

Posted on 15/07/2023

India, UAE Urge Developed Nations To Fulfil USD 100bn Climate Finance Commitment

Modi congratulated the UAE for being selected as the host country of COP28 in 2023 and extended his full support to its incoming presidency of the climate conference.

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