The potential IPO, planned on the Dubai Financial Market, would add to the growing regional food retail sector …
Supermarket Franchisee Spinneys Dubai Plans IPO in 2024
(Reuters) – Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the business in the second quarter of 2024, …
Dubai announces tourist attraction road sign update
Dubai has announced a major update to the way it issues road sign permits. It means major tourist attractions, health facilities and transport hubs can apply to have road signs created directing …
Dubai’s RTA Announces New Way To Apply For Information Signs On Roads
This system is now integrated with various other systems, including the financial and electronic mapping systems as well as the company licensing systems of the Dubai Chamber of Commerce. RTA issues …
Opium lined in shoes, shirt buttons or mixed with protein? How Dubai Customs can still find it
Mohammed Al Ghaffari, Executive Director, Human Resources, Finance and Administration Division at Dubai Customs, said the Customs Training Centre which provides specialised and professional training …
Lulu Group IPO to be launched early next year, shares to be listed in Gulf
Lulu Group International, the hypermarket chain and mall operator, is planning to launch its initial public offering (IPO) in the first half of next year. The stock is expected to be listed in the …
Inside The Life Of Real Estate Agents In Dubai: Midnight Calls, Relentless Hustle, High Stake Windfalls
Dubai’s real estate market is on fire, scorching its way to a staggering Dh177 billion in transactions during the first half of 2023. This financial frenzy sets the stage for the captivating lives of …
Commercial Bank Dubai
Commercial Bank of Dubai engages in the provision of commercial banking services. It operates through the following segments: Corporate Banking, Commercial Banking, Personal Banking, and Treasury …
Like-and-earn scam traced to Dubai kingpins
Investigations into multiple cases of like and earn fraud—predominantly conducted through Telegram—have revealed that the IP addresses are often traced back to Dubai. The taxi driver allegedly played …
BIT2023: A glimpse in banking, innovation, technology
Khaleej Times will explore the innovative offerings in fintech segment in its power-packed event scheduled on November 15-16 …
UAE banks’ solid pipeline encounters margin, credit-cost test
Higher borrowing costs, economic angst and corporate tax menace United Arab Emirates banks’ 2024 credit quality, with extra 2H provisions likely.
UAE Ministry of Finance participates in first GCC Common Market Committee-Federation of GCC Chambers meeting
Under the guidance of its wise leadership, the UAE is keen to accelerate access to the common Gulf market, which benefits the economies and peoples of the region …
Investment trailblazers: Meet the inspiring women investors who drive the Dubai and MENA investment ecosystem
Dubai and the UAE boast a diverse investment landscape. Hear from some of the leading women investors in the region on their journey and investment philosophy. Globally, companies founded by women …
Dubai real estate: DIFC Living sells out units in record time
The DIFC mixed-use development with independent, yet connected, residential and commercial uses is scheduled for completion by Q3 2026 …
Dubai Financial Market Index Breaks Through 4133 Points for the First Time in 8 Years
The Dubai Financial Market Index (DFM) rose by 1.15% to 4123 points in mid-session on Wednesday, supported by gains in leading stocks.Emaar Properties rose 3.4% to 7.37 dirhams, Emirates NBD rose 2.5% …
UAE stocks generate strong cash flows Thursday as DFM hits 8-month high
UAE stock markets Thursday continued to capitalise on improved investor sentiments, defying US Fed’s decision to keep interest rates steady on Wednesday, while projecting an increase by year-end. Blue …
Navigating the UAE loan landscape: A guide to responsible borrowing
The UAE operates under a Sharia-compliant financial system, which influences various aspects of lending and borrowing. Sharia-compliant finance adheres to Islamic principles, such as the prohibition …