Tuesday’s property deals included 395 sales transactions worth AED1.02 billion, 86 mortgage deals of AED418.13 million, and 27 gift deals amounting to AED37.78 million Dubai records property deals to …
The Dubai Fintech Summit Running From May 8-9, 2023 Aims To Set A Global Benchmark For How We Approach Financial Innovation
The DFS is expected to be hosting 5,000 c-suite leaders, over 120 speakers, and more than 1000 pre-qualified investors in Dubai.
UAE announces launch of Dh1.1 billion Islamic Treasury Sukuk
Official says issuing T-Sukuk in local currency will contribute to building local currency bond market, providing safe investment alternatives …
UAE plays key role in creating investment opportunities: Minister of Economy
LONDON: Abdullah Bin Touq Al Marri, Minister of Economy, held a number of bilateral meetings, including one with Lord Dominic Johnson, Minister of State in the Department for Business and Trade, UK, …
UAE needs time to show effectiveness to exit financial crime grey list -official
The United Arab Emirates needs time to demonstrate the effectiveness and enforcement of policies introduced against financial crime before it can be removed from a global watchdog’s ‘grey’ list, the …
UAE Says Escape From Gray Listing Hinges on Policy Effectiveness
The United Arab Emirates needs more time to show it’s done enough to be removed from a global financial crimes watchdog’s “gray list,” a senior government official said, as the Gulf country remains …
UAE homebuyers opt for fixed-rate mortgages to offset rising costs
Shweta Wahi, a Canadian-Indian resident of Dubai, took out a mortgage worth Dh2 million ($544,588) about a year ago from Abu Dhabi Commercial Bank to buy her family’s first home — a four-bedroom villa …
Saudi bourse rises as it reopens after Eid; Dubai eases
Dubai’s main share index (.DFMGI … Oil prices – a key catalyst for the Gulf’s financial markets – held steady as investors weighed strong holiday travel in China that could boost fuel demand against …
UAE’s bold revenue diversification initiatives unveiled in Mashreq-MEED joint report
Dubai: Mashreq, in partnership with knowledge partner MEED, is pleased to announce the launch of their latest joint research report titled ‘Drivers of Change’, which provides a detailed assessment of …
UAE reforms ‘will take country to new heights’
Mashreq, in partnership with knowledge partner MEED, has launched its latest joint research report titled ‘Drivers of Change’, which provides a detailed assessment of the initiatives being taken by …
UAE Economy Minister emphasises need to create investment opportunities in new economy sectors
Abdullah bin Touq Al Marri Minister of Economy of UAE participated in the 13th edition of the City Week 2023 Forum running in London on 24- 26 April …
UAE bank launches new services for wealthy customers with $2m balance
UAE’s Emirates NBD announces offers targeting ultra-wealthy customers UAE bank launches new services for wealthy customers with $2m balance Emirates NBD, HNWI, UAE banks, UAE wealthy investors, UHNWI, …
Top tips for Investing in Dubai Real Estate: How to Maximize Your Investment
Dubai is one of the fastest-growing cities in the world, and it has established itself as a hub for business, tourism, and real estate. Dubai’s real estate market has been attracting investors from …
Emirates NBD introduces new banking proposition
Emirates NBD has introduced a new banking proposition within its Priority Banking segment, to cater to its elite and affluent Priority Banking clientele.
UAE announces major new tax law implementation
UAE Ministry of Finance says certain qualifying public benefit entities will be exempt from paying mandatory tax UAE announces major new tax law implementation Corporate tax, Corporate tax UAE, …
Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has introduced a new banking proposition within its Priority Banking segment, to cater to its elite …
Fitch upgrades United Arab Bank’s VR to ‘b+’ and affirms IDR at ‘BBB+’, outlook stable
The upgrade of UAB’s VR reflects the bank’s improved business profile following the asset quality clean up and new strategy …