Sharjah fans, who considers Afridi as their hero and throngs the stands just to watch him, will be delighted to see him in the very first match of the PSL here. Speaking to Gulf News, Afridi has …
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UAE Armed Forces awards $1.33bn deals on IDEX day 3
The UAE Armed Forces has awarded 28 deals worth AED4.87 billion … The total value of deals awarded so far to national and international companies has reached AED16.87 billion, state news agency WAM …
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Saudi crowned Mena IPO king in 2018
Dubai: Saudi Arabia led the Middle East & North Africa region in initial public offering (IPO) activity, both in terms of value and volumes, last year, according to an Ernst and Young report.
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Bank manager in Dubai fakes signature, embezzles Dh10 million
A man who used to work as a manager at a renowned bank in Dubai was sentenced to five years in prison in absentia on Monday. The Saudi national was charged with breach of trust and embezzlement, which …
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New banking regulations create financial setbacks for contractors
Bank’s capital is divided into Tier 1 and Tier 2 capital … the impairment allowance would rise significantly in the absence of a fixed maturity date. The legal committee of the UAE Banks Federation …
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Emirates NBD ranked UAE’s top banking brand with a value of USD 4.04 billion
UAE. Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation le…
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Dubai Airports unveils new brand for Dubai International
Dubai Airports has unveiled a new brand for Dubai International (DXB) that signifies Dubai Airports’ transition from airport operator to a consumer-led company to elevate the airport customer experien…
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Dubai property deals in a day? Now you can…
Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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Dubai property prices may fall up to 10% this year: Report
Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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Dubai’s ‘Long Decline’ in Property Prices Isn’t Over Yet for S&P
The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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Dubai real estate market to stabilise in 2020; price declines to continue in 2019
Towers on Shaikh Zayed Road. Dubai’s real estate market could witness a meaningful recovery in 2021. Image Credit: Ahmed Ramzan/Gulf News Archives Dubai: Dubai real estate downturn is likely to …
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Dubai house prices could drop by up to 10% in 2019, says S&P
Property price declines in Dubai are set to continue this year as values have already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has …
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Dubai Home Prices to Fall Further in 2019 on Oversupply: S&P
DUBAI (Reuters) – Dubai residential property prices will fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on …
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S&P says Dubai home prices to fall further in 2019
DUBAI (Reuters) – Rating agency Standard & Poor’s said on Tuesday it expects Dubai residential property prices to fall further in 2019 due to a continued gap between supply and demand, before a gradua…
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Dubai index ends two-day rally
Dubai: The Dubai index ended a two-day rally driven by better than expected results from Emaar Properties. The Dubai gauge indices entered into a trendless, sluggish trade with low volumes.
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Ahmed bin Saeed lays foundation stone of Rochester Institute of Technology in Dubai
DUBAI, 19th February, 2019 (WAM) — H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority, DSOA, has laid the foundation stone of the new campus of Rochester Institute of T…
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26 IPOs raise over $2.9bn during 2018 in Mena
The IPO was oversubscribed by 5.4 times, making it the most successful IPO in Bahrain in over a decade. Nasdaq Dubai plans to launch futures trading on the MSCI United Arab Emirates equity index in 20…
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