Dubai property market saw 125 mortgage deals worth AED613.72 million on August 17 Dubai real estate market records $653M worth property deals on Thursday Dubai, Dubai real estate, Dubai real estate …
Dubai logs over $653mln in realty transactions Thursday
DUBAI: Dubai’s real estate market recorded 591 sales transactions worth AED1.76 billion on Thursday, in addition to 125 mortgage deals totalling AED613.72 million, and 36 gift deals amounting to AED98 …
UAE’s ADNOC Gas Inks Five-year Deal With Japanese Firm
The United Arab Emirates’ ADNOC Gas has signed a five-year liquefied … became operational in January before going public in a $2.5 billion initial public offering three months later. am/th/dv The …
EDB signs pact to launch supply-chain financing for UAE SMEs
Emirates Development Bank, the state-owned lender focused on financing the UAE’s priority sectors, has signed a preliminary agreement to launch supply-chain financing and working capital solutions for …
Dubai to host third annual Global Trade and Supply Chain Summit in September
Dubai in September will host the third annual edition of the Global Trade and Supply Chain Summit that will gather policymakers and businesses to discuss how transforming trade can fuel economic …
How to close a bank account before leaving the UAE?
Michael Gomes, an Indian communications professional, recently relocated to India after spending 40 years in the UAE. He advises people moving out of the UAE to clear their dues and close their bank …
National Bank of Fujairah welcomes new participants for its Management Training Programme
National Bank of Fujairah PJSC (NBF) announced the launch of its annual Management Training Programme, welcoming 19 new participants for the 12th edition.
Emirates Development Bank launches supply chain financing for SMEs with Trade Capital Partners
Abu Dhabi, United Arab Emirates: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has inked a Memorandum of …
Dubai Fines Co-Founders of Failed Three Arrows Capital Over New Exchange OPNX
If the fine remains unpaid, VARA shall determine consequential actions warranted against OPNX, including further fines, penalties, and charges.
Dubai Regulator Fines 3AC Founders’ New Exchange $2.7M
Dubai’s top financial regulator VARA issued a $2.7 million fine to OPNX in May. The fine was imposed in May and remains unpaid.
Dubai property prices: Palm Jumeirah villas up 146% since 2020, sector growth expected
The price of buying property in Dubai shows no sign of slowing down, with real estate witnessing 10 successive quarters of growth Dubai property prices: Palm Jumeirah villas up 146% since 2020, sector …
COP28 UAE Presidency: Leading economists set out crucial next steps to reform int’l climate financing
COP28 Presidency has delivered consensus on the next key steps needed to establish a new framework for international climate financing and to drive progress at COP28 and beyond.Economists from the …
Harnessing COP28 to supercharge the UAE’s impact investing agenda
It’s time to deploy the sustainability narrative Harnessing COP28 to supercharge the UAE’s impact investing agenda COP28, Dubai, environmental impacts, Impact Investing, social impact, UAE Opinion …
$1 t-shirts in Dubai: Massive deals as shoppers buy by kilogram
Fashionistas will be delighted to learn that six t-shirts make up a kilogram, and each costs Dh4. It is very economical and residents can stock up on their favourite apparel products without going …
Finance House Group Announces H1 2023 Financial Performance
Finance House Group Announces H1 2023 Financial Performance Abu Dhabi – August 15, 2023: Leading UAE financial institution Finance House PJSC today re …
Huawei Appgallery And Leading Banking Apps In The Uae: A Strategic Partnership For The Future Of Banking
Huawei Mobile Services (HMS) has achieved a remarkable success by forging strategic partnerships with prominent banking apps in the UAE, includin …
Is the dollar being dethroned? India just bought 1M barrels of oil from the UAE using rupees instead of USD for the first time ever — why this could spell doom for the greenback
India and the United Arab Emirates (UAE) have officially started trading with each other in their local currencies. The Indian government announced on Monday that the country’s leading petroleum …