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Tag: finance

Posted on 12/08/2025

UAE authorities collect over $97m in taxes and fines in record 85,500 inspections in H1 2025

The Federal Tax Authority (FTA) has intensified market oversight in 2025, conducting a record 85,500 field inspections across the UAE in the first half of the year — a 110.7 per cent increase compared …

Posted on 12/08/2025

Dubai Residential REIT records 10% higher net profit in H1-25, approves dividends

Portfolio occupancy reached 98%, whereas the gross asset value stood at AED 23 billion, reflecting a 7% increase since December 2024 …

Posted on 12/08/2025

Dubai’s Dar Global expands into financial services, strengthens liquidity with $165mln facility

London-listed luxury real estate developer Dar Global is acquiring a licensed financial services company in the Dubai International Financial Centre (DIFC), a move that will enable the firm to tap …

Posted on 11/08/2025

Mena to see 14 more planned listings in second half: EY

The Middle East and North Africa or Mena – which saw 14 IPOs (initial public offerings) during the second quarter (Q2) of 2025, raising $2.5bn in proceeds – is expected to …

Posted on 11/08/2025

Bank of Sharjah appoints Nasser Salem Al-Ali as Chief Wholesale Banking Officer

Bank of Sharjah is pleased to announce the appointment of Mr. Nasser Salem Al-Ali as its new Chief Wholesale Banking Officer. In his role, Mr. Al-Ali will lead the Bank’s corporate and commercial …

Posted on 11/08/2025

Amanat agrees sale of Dubai school’s real-estate assets

Amanat Holdings, a Dubai-listed investment company, has agreed to sell the real estate assets of North London Collegiate School (NLCS) Dubai for AED453 million ($123 million). The sale is in line with …

Posted on 11/08/2025

Saudi Arabia leads IPO pipeline with 10 possible listings in H2 2025

Saudi Arabia continues to lead with 10 potential IPOs, while planned activity in Egypt, Tunisia, and Morocco highlights increasing market depth and diversification in the region, the report said. In …

Posted on 11/08/2025

Nisus Finance and BNW Developments partner on Dh150mln ready-to-occupy residential project in JVC

Nisus Finance is currently evaluating acquisition of US$200 million worth of ready residential projects in Dubai to accelerate its partnership with BNW Developments …

Posted on 11/08/2025

Moving to Dubai? 10 must-do things as soon as you arrive

Whether you made the decision to move to Dubai for work, (after all Dubai has been named one of the best cities to work in), or simply changed course for a stunning change of scenery, there are countl …

Posted on 11/08/2025

Dubai property buyers should not worry about high mortgage rates – MSN

That’s something no market in growth mode – and Dubai’s property market sure is – can afford to lose out on. Dubai property buyers should not worry about high mortgage rates – Here’s why …

Posted on 10/08/2025

The UAE’s Islamic finance and halal strategy could boost the … – MSN

The UAE Islamic finance industry is estimated at over $285 billion at end of the first quarter of 2025. Fitch rated $28 billion of UAE sukuk at the end of the first quarter, 92.1 per cent of which …

Posted on 09/08/2025

PRYPCO Mortgage facilitates one of the region’s largest single retail mortgages valued at AED 94.5mln

The landmark transaction also ranks among the top three mortgage deals in Dubai’s real estate market over the past five years …

Posted on 09/08/2025

PRYPCO Mortgage facilitates single retail mortgage valued at Dhs94.5m, one of region’s largest

From its inception to June this year, PRYPCO Mortgage has arranged Dhs9.67bn in mortgage deals, the company said …

Posted on 09/08/2025

Dewa shares inch higher after record quarterly profit

Shares in Dubai Electricity and Water Authority (Dewa) rose slightly on Friday after the state-owned utility posted its strongest-ever quarterly earnings, driven by population growth and rising demand …

Posted on 09/08/2025

Towards a vision-powered future: UAE drives growth with reforms, innovation, and investment

The UAE’s commitment to sustainability, amplified by its COP28 hosting, has further elevated its global standing …

Posted on 08/08/2025

UAE Halal Cosmetics Market Overview and Company Analysis Report 2025-2033 Featuring Estee Lauder, L’Oreal, S&J, Kao, Clara International, Inika, Amara, Wardah, Sampure Minerals …

The UAE Halal Cosmetics Market is poised to reach US$ 5.31 billion by 2033, up from US$ 1.72 billion in 2024, growing at a CAGR of 13.35% from 2025 to 2033. This surge is driven by increased religious …

Posted on 08/08/2025

UAE to finalise ‘Eurasian Economic Union’ trade, investment agreements by year-end: Al Zeyoudi

These agreements aim to enhance investment flows and support the economic diversification strategies of both the UAE and its partner nations …

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