Tag: finance

According to a report from Mashreq Bank and the Middle East Economic Digest, the trend of initial public offerings (IPOs) in the UAE and the Gulf Coo …

The United Arab Emirates (UAE) is set to launch an Islamic treasury sukuk, also known as T-sukuk, with a benchmark auction size of 1.1 billion dirham …

Dubai real estate market recorded 533 sales transactions worth AED1.24 billion, in addition to 129 mortgage deals of AED239.19 million, and 21 gift deals amounting to AED21.52 million on Thursday, …

The report is the first in a thought leadership series being released in 2023 by DIFC and covers key insights on the global hedge fund industry. It also highlights the rapid expansion of established …

Driven by robust gains in the banking sector following positive earnings announcements, Abu Dhabi bourse finished 0.773% higher Thursday, with the DFM hitting a one-year high.The capital’s Index FADGI …

Rising rents and the fear of receiving an eviction notice are increasingly being cited by residents as the main reasons to get on the property ladder,” Waind wrote in a foreword to the report. The …

H amid AlZaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing (AML/CFT), has announced that the UAE has made significant progress in combating …

Emirati law enforcement agencies have contributed to major international investigations and arrests, including the largest drugs ring in Europe and INTERPOL’s most wanted trafficker Kidane Habtemariam …

Wednesday’s property deals included 451 sales transactions worth AED1.2 billion, 82 mortgage deals of AED663.03 million, and 19 gift deals amounting to AED36.64 million Dubai property deals rise to …

The founders of Three Arrows Capital, the defunct cryptocurrency hedge fund that filed for bankruptcy this month, are reportedly on their way to Dubai after liquidators said they’d been unable to …

UAE’s FAB reported a 51 per cent YoY increase in operating income to Dhs6.7bn from Dhs4.5bn in the first quarter of 2022 …

Prominent UAE national, investor, and longstanding friend of Pakistan, Nasser Abdulla Hussain Lootah, said he had a vision for the bank to transform it into a full-fledged Islamic bank, providing …

Supported by higher net interest income and net income from Islamic financing and investment activities and fee income, NBF posted an operating profit of AED397.9m for the three-month period, a rise …

Dubai real estate market recorded 451 sales transactions worth AED1.2 billion, in addition to 82 mortgage deals of AED663.03 million, and 19 gift deals amounting to AED36.64 million on Wednesday, data …

The UAE launched a dirham-denominated Islamic Treasury Sukuk (T-Sukuk), with a benchmark auction size of AED1.1 billion ($299 million) on Wednesday. The sukuk will support funding diversification …

This issuance will help build the UAE Dirham-denominated yield curve, thereby strengthening the local financial market and developing the investment environment: minister …

The UAE, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced launching a dirham- …