Indian companies registered in UAE, summit hears UAE-India trade to reach $100bn in next 5 years India, UAE, UAE-India trade Politics & Economics …
The POWER Interview: Abu Dhabi’s Plan for Renewable Energy in the UAE
The United Arab Emirates (UAE) is in the midst of an energy transition, moving away from its nearly exclusive use of natural gas-fired power generation to …
Reforms set to spur more corporate relocations, FDI flow to UAE
The UAE will attract a major share of $66 billion in potential FDI inflows into the Middle East, North Africa, and Pakistan in 2023 as global investors consider the …
Property market deals in Dubai records AED2.4bn on Monday
Monday’s deals included 532 sales transactions worth AED1.39 billion, 101 mortgage deals of AED710.22 million, and 12 gift deals amounting to AED363.74 million Property market deals in Dubai records …
UAE: 11 new IPOs with a total value of Dh8 billion in the pipeline
While speaking on the second day of the Mena IPO Summit held in Dubai, Mohamed Khalifa Al Hadari, deputy CEO of the Securities and Commodities Authority, said four free zones entities and two special …
Listing of 11 UAE companies to raise more than $2.18bn in 2023
The listing of 11 companies on the UAE capital markets this year will raise more than Dh8 billion ($2.18 billion), the deputy chief executive of the Securities and Commodities Authority has said. Four …
UAE has 11 IPOs worth $2.2bln in the pipeline – SCA
The UAE has 11 IPOs in the pipeline with a value exceeding AED 8 billion ($2.2 billion) after it saw its highest level of offerings by aggregate value in 2022 since 2008. Speaking at the inaugural …
Ministry of Finance explains corporate tax timelines
The UAE Ministry of Finance held a virtual session as part of its Corporate Tax Public Awareness Programme, with more than 800 business representatives, ta..
33% of the world is financially literate; the UAE scores 30.7%
About 3.5 billion adults worldwide lack an understanding of basic financial concepts; Global data shows that only 35% of men and 30% are women are financially literate; Dubai, UAE …
UAE: Manager of private firm jailed for defrauding 296 Emiratis under Nafis scheme
The UAE Public Prosecution has issued imprisonment orders against the owner and manager of a private company for duping 296 Emiratis. The accused took mone..
UAE gross banks’ assets ‘top $990bln by end-November 2022’
According to figures published in the Central Bank of the UAE (CBUAE) November summary report on monetary and banking developments, gross credit rose by 0.5% from around AED1.88 trillion at the end of …
Dubai apartment sales soared in Q4 2022
Dubai apartment sales soared in the fourth quarter of 2022, up 164% year-on-year, with a series of off-plan launches accounting for the growth. Morgans Realty said real estate sales overall in the …
Dubai records over $653mln in realty transactions on Monday
The mortgages included 75 villas and apartments worth AED658.11 million and 26 land plots valued at AED52.11 million, bringing the total realty transactions of today to over AED2.4 billion. Disclaimer …
Investors flock to UAE on ease of doing business initiatives, visa reforms
More investment likely in real estate, e-commerce, logistics and transportation, hospitality, and tourism sectors Dubai: The UAE looks set to attract more foreign investment this year as the …
Dubai Records Over AED2.4 Bn In Realty Transactions Monday
The mortgages included 75 villas and apartments worth AED658.11 million and 26 land plots valued at AED52.11 million, bringing the total realty transactions of today to over AED2.4 billion. Legal …
Dubai realty stands out with a double-digit price surge
Overall property price growth reached 11.05 per cent in 2022, averaging 0.92 per cent per month— down from 1.33 per cent per month in 2021 when annual price growth …
Dubai stock exchange in talks over dual-listings in 2023
Dubai Financial market holds dual-listing talks Dubai stock exchange in talks over dual-listings in 2023 Dubai Financial Market, IPO, IPO in Dubai IPO …