National Bonds, the UAE’s leading Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, has partnered with Lulu …
Dubai scraps 30% tax on alcohol sales amid economic rebound
Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said on social media.
Saudi Arabia’s Dar Al Arkan to proceed with Dubai unit IPO on London exchange in Q1 2023
Provided by The National Dar Al Arkan’s international projects include W Residences in Downtown Dubai. Photo: Dar Al Arkan . Saudi Arabia’s biggest property developer Dar Al Ar …
UAE leads Arab world in exports of manufacturing products
The UAE’s manufacturing industry exports account for 43.9 per cent of overall Arab exports of manufacture, owing to strong growth in the field of re-exports …
UAE economic outlook stands buoyant in new year: Juwai IQI
The UAE GDP growth should meander around 8-9% in 2023 due to oil boom and global investors’ confidence in the country. This is significant news for the country as global economy slows down.
Dubai real estate: A positive outlook for 2023
We believe that the Dubai property market will continue to see exceptional demand in the new year, and that 2023 will be another record year for the market …
Watch: Dubai Welcomes 2023 With Scintillating Fireworks Display At Burj Khalifa
One of the world’s largest real estate companies, Emaar has a land bank of 1.7 billion sq. ft. in the UAE and key international markets. With a proven track record in delivery, Emaar has delivered …
New year in UAE: 3 new laws, initiatives that take effect from today
The UAE broke multiple world records as it ushered in 2023. And the new year is all set to be yet another momentous one for the country. Several initiative..
I was tortured for years in hellhole prison – I’ve returned to find I’ve lost everything and I’m now homeless
A BRIT tortured in hellhole Middle Eastern prisons for two years returned home to find he’d lost everything and is now homeless. Mark Fox, 45, lived the highlife in Dubai as an artist …
Dar Al Arkan to proceed with Dubai unit IPO on London Exchange slated for Q1 2023
Logo of Dar Al Arkan Real Estate Development Co. Dar Al Arkan Real Estate Development Co. announced its intention to pursue a separate direct …
Dubai Court acquits four after false claims of seizing Dhs200 million from investor
The case dates back to 2018, when an Asian investor filed a report, stating that people of his nationality had seized his money.
UAE Central Bank cancels registration of another insurance firm
The Central Bank of the UAE has cancelled the registration of Al Fazaa Insurance Agent from the insurance agents’ register, in accordance with the provisions regulating the insurance agents businesses …
UAE: Now, make contactless payments using your ring or bracelet
A bank in the UAE has launched the region’s first tokenised contactless payment methods, allowing customers to make purchases using their own clasp or a ri..
Dubai property market deals hit AED2bn on Thursday
Thursday’s property deals included 529 sales transactions worth AED1.89 billion, 80 mortgage deals of AED133.23 million and 12 gift deals amounting to AED48.36 million Dubai property market deals hit …
Emirates Development Bank, ADCB partner on credit guarantee scheme
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai records over $544mln in realty transactions on Thursday
DUBAI: Dubai real estate market recorded 529 sales transactions worth AED1.89 billion, in addition to 80 mortgage deals of AED133.23 million, and 12 gift deals amounting to AED48.36 million on …
Dubai records over AED2 bn in realty transactions Thursday
Dubai real estate market recorded 529 sales transactions worth AED1.89 billion, in addition to 80 mortgage deals of AED133.23 million, and 12 gift deals amounting to AED48.36 million on Thursday, data …