Mycrane Trading, a newly formed crane sales, leasing, and maintenance services provider in the Jebel Ali Free Zone, Dubai, has secured a $50m investment from a Dubai International Financial …
Talabat shares remain below IPO despite earnings surge
Talabat, the Dubai-listed online food ordering and delivery company, said profits rose in the second quarter and first half of 2025, driven by growth across its main markets. Despite this, the company …
Dubai Smart Rental Index bears fruit as landlords recalibrate pricing strategies
Tenants have successfully used the index to challenge unjustified rent hikes, leading to fairer rental agreements and reduced conflicts between landlords and tenants …
Nisus Finance and BNW partner on Dh150 million ready-to-occupy residential project in JVC
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully owned subsidiary of Nisus Finance Services Co Limited (NiFCO), announced a strategic partnership with the UAE’s leading developer BNW …
UAE banks outperform GCC peers despite geopolitical headwinds
The UAE banks outperformed their GCC peers, supported by a positive macroeconomic environment and the economy’s resilience to recent geopolitical headwinds, CI Capital said in a new report. The …
MENA IPOs raise $2.5 bn in Q2, Saudi Arabia dominates listings: EY
Saudi Arabia accounted for 13 of the quarter’s 14 IPOs, raising a total of $1.9bn across sectors including transportation and healthcare.
Talabat’s 90% earnings surge fails to revive share price
Talabat, the Dubai-listed online food ordering and delivery company, said profits rose in the second quarter and first half of 2025, driven by growth across its main markets. Despite this, the company …
Dar Global to buy DIFC financial services company
Dar Global, the international development arm of Saudi-listed Dar Al Arkan, is acquiring a Dubai International Financial Centre (DIFC)-licensed financial services company to bolster its growth plan.
UAE authorities collect over $97m in taxes and fines in record 85,500 inspections in H1 2025
The Federal Tax Authority (FTA) has intensified market oversight in 2025, conducting a record 85,500 field inspections across the UAE in the first half of the year — a 110.7 per cent increase compared …
Dubai Residential REIT records 10% higher net profit in H1-25, approves dividends
Portfolio occupancy reached 98%, whereas the gross asset value stood at AED 23 billion, reflecting a 7% increase since December 2024 …
Dubai’s Dar Global expands into financial services, strengthens liquidity with $165mln facility
London-listed luxury real estate developer Dar Global is acquiring a licensed financial services company in the Dubai International Financial Centre (DIFC), a move that will enable the firm to tap …
Mena to see 14 more planned listings in second half: EY
The Middle East and North Africa or Mena – which saw 14 IPOs (initial public offerings) during the second quarter (Q2) of 2025, raising $2.5bn in proceeds – is expected to …
Bank of Sharjah appoints Nasser Salem Al-Ali as Chief Wholesale Banking Officer
Bank of Sharjah is pleased to announce the appointment of Mr. Nasser Salem Al-Ali as its new Chief Wholesale Banking Officer. In his role, Mr. Al-Ali will lead the Bank’s corporate and commercial …
Amanat agrees sale of Dubai school’s real-estate assets
Amanat Holdings, a Dubai-listed investment company, has agreed to sell the real estate assets of North London Collegiate School (NLCS) Dubai for AED453 million ($123 million). The sale is in line with …
Saudi Arabia leads IPO pipeline with 10 possible listings in H2 2025
Saudi Arabia continues to lead with 10 potential IPOs, while planned activity in Egypt, Tunisia, and Morocco highlights increasing market depth and diversification in the region, the report said. In …
Nisus Finance and BNW Developments partner on Dh150mln ready-to-occupy residential project in JVC
Nisus Finance is currently evaluating acquisition of US$200 million worth of ready residential projects in Dubai to accelerate its partnership with BNW Developments …
Moving to Dubai? 10 must-do things as soon as you arrive
Whether you made the decision to move to Dubai for work, (after all Dubai has been named one of the best cities to work in), or simply changed course for a stunning change of scenery, there are countl …