The Trust Index found that 85% of respondents are convinced that banks operating in the UAE put customers first, while 100% say banking services have improved; this compares to 98% in 2021 (2020: 92%, …
Dubai records property deals to the tune of over $870 million on Tuesday
Tuesday’s deals included 650 sales transactions worth AED2.55 billion, 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million Dubai records property deals to the tune …
Dubai records over AED3.2 bn in realty transactions Tuesday
Dubai real estate market recorded 650 sales transactions worth AED2.55 billion, in addition to 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million on Tuesday, data …
Dubai records over $871mln in realty transactions Tuesday
DUBAI: Dubai real estate market recorded 650 sales transactions worth AED2.55 billion, in addition to 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million on Tuesday …
UAE finance ministry’s new projects to boost country’s economic environment
The five “transformational” projects announced by the UAE Ministry of Finance will enhance the country’s economic environment and boost investments in the Emirates, executives have said.The projects, …
UAE Ministry of Finance reveals five projects to drive future growth
The UAE’s Ministry of Finance has announced five major projects to improve government financial work aimed at further enhancing future readiness. They include local supply strategies, transparency in …
Emirates NBD launches WhatsApp banking service
Emirates NBD allows customers to use 15 services on WhatsApp Emirates NBD launches WhatsApp banking service Emirates NBD, UAE banks, WhatsApp, WhatsApp services Banking & Finance …
DIB Bank Kenya Plans to Bolster Trade Between Kenya and UAE
DIB Bank Kenya seeks to double support for small and medium-sized enterprises (SMEs). The subsidiary of Dubai Islamic Bank PJSC (AE) also plans to boost trade between Kenya and the United Arab …
Gulf International Bank partners with COP 28 world climate summit in Dubai
Manama: Gulf International Bank B.S.C. (GIB) today announced its partnership with World Climate Summit – The Investment COP 2023. The event, which is hosted by World Climate Foundation, will take …
Qatar National Bank’s Q2 profit falls 4%
DUBAI, July 10 (Reuters) – Qatar National Bank , the oil-rich Gulf’s biggest lender by assets, reported on Monday a 4% drop in second-quarter net profit to 3.7 billion riyals ($1.02 billion). QNB …
DIFC teams up with alternative investment group AIMA as it attracts more hedge funds
The Dubai International Financial Centre has signed a preliminary agreement with the Alternative Investment Management Association and welcomed five additional global hedge funds as it seeks to …
UAE: Ministry of Finance announces transformational projects
The Ministry of Finance (MoF) announced five major strategic transformational projects to support its ongoing endeavours to implement national priorities and improve government financial work with the …
UAE could invest up to $30 billion in Türkiye: Trade Minister Bolat
The United Arab Emirates (UAE) could make investments of up to $30 billion (TL 783.28 billion) in multiple areas in Türkiye, a senior official …
Dubai’s residential prices grew at the strongest pace since late 2014, says CBRE
Dubai’s average prices grew at the strongest pace since late 2014, increasing by 16.9% in the year through June 2023. This is up from the 15.9% growth registered a month earlier. Over this period, …
DIFC ties up with Alternative Investment Management Association
CEO Jack Inglis said: “The past year has seen many reports of alternative investment managers, including some of the industry’s largest names, opening offices in the UAE. AIMA h …
Dubai’s AMEA Power secures $75mln equity funding from SoftBank Group
Dubai-based renewable energy developer AMEA Power has signed a $75 million equity funding from SoftBank Group Corp., a Japanese investment holding company. The company, which is eyeing an IPO, will …
Dubai Investments and E20 sign MoU for Agricultural Investment in Angola
The company brings a wealth of knowledge from various corners of the world, highlighting international expertise in the agricultural industry …