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 …
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 …
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 …
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 …
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” …
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.
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 …
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..
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 …
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 …
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 …
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 …
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 …
Dubai Investments Explores IPO For Subsidiary Firms
UAE’s Etihad, Flynas gear up for IPO this year: Report
UAE’s Etihad Airways and Flynas are gearing up to list on local stock markets this year, Reuters reported today, Jan. 24, citing sources with knowledg …
Analysis-Etihad to Sound Out Investors as Gulf Carriers Race Towards IPOs
The IPOs would allow investors to access a market with significant growth potential, aviation analyst John Strickland said, citing hub capability due to a geographic location between Europe and Asia, …
Dubai-Based Wall Street Exchange Pays Over $9.2 Million to Settle U.S. Bank Fraud Allegations
Wall Street Exchange pays over $9.2 million to resolve U.S. bank fraud allegations, under a non-prosecution agreement that involves a fine and forfeiture for misleading a U.S. bank about anti-money …