(Bloomberg) — A consortium led by Brookfield Asset Management Ltd. is investing in GEMS Education, a Dubai-based family business founded … World’s Most Expensive Cities for Expats in 2024 Hedge …
New IPOs add $5.8bn to UAE’s stock market capitalisation
The local stock markets attracted a new market capitalisation of nearly AED21.3 billion ($5.8 billion), thanks to three new initial public offerings (IPOs) witnessed since the beginning of this year, …
Three new IPOs added Dhs21.3b to UAE’s markets’ capitalisation in ’24
The local stock markets attracted a new market capitalisation of nearly Dhs21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, …
UAE tech startup fund shortlists Bengaluru for future investments
UAE-based, Global Millennial Capital (GMCL), which invests in … Artificial intelligence, deeptech, blockchain technology and digital ledgers, decentralized finance and cloud computing are some of …
Three new IPOs add Dh21.3 billion to UAE’s stock market capitalisation this year
The UAE stock markets attracted a new market capitalisation of nearly Dh21.3 billion since the beginning of this year, thanks to three new initial public o..
UAE: New loan scammers, fake WhatsApp job offers dupe residents out of up to Dh500,000
Online scammers have become busier nowadays, as new forms of scamming emerge. One latest fraud is called ‘loan scam’, where a dubious lending company would ask victims to first deposit money as a …
Expo City Dubai awards contracts for Mangrove Residences
Expo City Dubai has awarded four contracts for construction works on Mangrove Residences, a development project with apartments and townhouses in the United Arab Emirates (UAE). The contracts have …
Can I take benefit of India-UAE DTAA?
If you qualify as a tax resident of the foreign country, upon application, the tax authority of that nation would usually issue a TRC quoting the respective DTAA …
Three new IPOs added AED21.3 billion to UAE’s stock market capitalisation in 2024
The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market …
UAE banks’ savings deposits in Q1 surges 5pc to $78bn
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about AED13.8 billion ($3.7 billion) during the first quarter, reported Wam citing data from the Central Bank of …
UAE banks’ savings deposits in Q1 surges 5pc to $78bn
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about AED13.8 billion ($3.7 billion) during the first quarter, reported Wam citing data from the Central Bank of …
Add Value Machine, ADCB and Amazon Web Services (AWS) Successfully Conclude UAE’s First-Ever Generative AI Hackathon in the Banking Sector
All use cases developed during the hackathon were built on AVM’s observability, governance and compliance generative AI platform. AVM and AWS are now working closely with ADCB to accelerate the most …
Abu Dhabi’s First IPO of the Year Slumps in Rare Debut Drop
Alef Education Holding Plc shares dropped on their Abu Dhabi debut, a rarity in the Middle East where initial public offerings have typically yielded near-guaranteed returns in early trading.Most Read …
UAE real estate, tech stocks or gold? Here’s where you should be investing your money in 2024, according to experts
UAE investment and finance experts advise on investment strategies for 2024, emphasising diversification across sectors and regions amid economic shifts and global events …
UAE: $3.76bln in new savings deposits in banking sector during Q1-24
ABU DHABI – Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about AED13.8 billion during the first quarter of this year, according to the latest statistics from …
UAE, Azerbaijan explore strategic partnerships to promote bilateral ties
The governments of the United Arab Emirates and the Republic of Azerbaijan have concluded the Ministerial Experience Exchange Forum, …
Savings deposits in UAE’s banking sector attract Dhs13.8 billion in Q1
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about Dhs13.8 billion during the first quarter of this year, …