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Tag: banking

Posted on 29/01/2025

Emirates Development Bank receives prestigious Great Place to Work certification

Mohammed Al Shair, Executive Chairman of Great Place to Work® Middle East, said: “We are thrilled to celebrate Emirates Development Bank for being Great Place to Work® Middle East certified. The pride …

Posted on 29/01/2025

Dubai: New gratuity investment scheme launched to boost employees’ savings

Sukoon Workplace Savings Solutions Limited (SWSS), a subsidiary of Sukoon Insurance, has launched a capital-protected ‘Go Saver Employee Money Purchase Scheme’, which caters to companies and employees …

Posted on 29/01/2025

Dubai Rent Growth Slows in 2025 with Record Supply

The Dubai real estate market is expected to stabilise in 2025, with rent hikes slowing down significantly. This shift is largely attributed to an influx of new properties and the introduction of the …

Posted on 29/01/2025

Bonyan Plans IPO On EGX By End-February, Targeting EGP 5Bn In Investments

The offering will involve a sale of 49% of the company’s equity, combining both primary and secondary shares. Bonyan has enlisted CI Capital and Arqaam Capital as bookrunners, Mubasher as the offering …

Posted on 28/01/2025

UAE Ministry of Finance and CIPS partner to launch groundbreaking Diploma in Procurement and Supply

Practitioner level certification to enhance government procurement excellence, drive sustainability and support UAE’s Vision 2031 goals …

Posted on 28/01/2025

AED 3mln Up for grabs in Dubai Islamic Bank’s exclusive rewards campaign

The “Dream Bigger” campaign offers exciting rewards to Retail and Business Banking customers, creating unforgettable banking experiences …

Posted on 28/01/2025

Dubai Property Buyers Must Pay 6% More Upfront

Starting February 1, property buyers in Dubai opting for a mortgage will no longer be able to finance the 4% Dubai Land Department (DLD) fees and 2% brokerage fees through their loan. This change …

Posted on 28/01/2025

Emaar to list its UAE real estate development business offering up to 30% equity on DFM

In November 1976, the United Arab Emirates was on a date with the birth of the Emirates News Agency, as a news and knowledge media entity that expresses the country, and on June 18, 1977, “WAM” …

Posted on 28/01/2025

London still dominates as the biggest hedge funds’ international outpost despite hot spots like Dubai entering the scene

Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing talent is concentrated.

Posted on 27/01/2025

Dubai commercial transport sector sees surge in operating companies to over 12,000 in 2024

The number of registered vehicles in the commercial and logistics transport sector also saw an increase of over 100,000 last year …

Posted on 27/01/2025

UAE: Property buyers to pay higher upfront as banks to stop financing DLD, brokerage fees

Property buyers opting for a mortgage will have to shell out the Dubai Land Department (DLD) fee and brokerage fee as part of their upfront fee from next w..

Posted on 26/01/2025

UAE: Property buyers to pay higher upfront as banks stop financing DLD, brokerage fees

Property buyers opting for a mortgage will have to shell out the Dubai Land Department (DLD) fee and brokerage fee as part of their upfront fee from next week. Real estate industry executives said …

Posted on 26/01/2025

These new UAE policies are making it easier to enter the property market

A series of recent initiatives unveiled by the UAE are set to improve the country’s property sector and attract more investment to a market that has already seen major growth last year.Earlier this …

Posted on 26/01/2025

UAE buyers to pay higher upfront property costs as Central Bank issues new orders

The Central Bank of the UAE’s recent instruction for banks to stop financing the Dubai Land Department registration fees and real estate broker fees from February 1 is set to add to prospective home …

Posted on 25/01/2025

HB Wealth Management LLC Makes New Investment in HDFC Bank Limited (NYSE:HDB)

HB Wealth Management LLC bought a new stake in HDFC Bank Limited (NYSE:HDB – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange …

Posted on 25/01/2025

UAE Central Bank’s order for banks to stop funding DLD and agency fees to increase upfront property costs

The Central Bank of the UAE’s recent instruction for banks to stop financing the Dubai Land Department registration fees and real estate broker fees from February 1 is likely to add to prospective …

Posted on 25/01/2025

Dubai Investments Explores IPO For Subsidiary Firms

Dubai Dubai Investments is gearing up to take its subsidiary companies public, with plans for an initial

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