The Monday’s property deals included 476 sales transactions worth AED1.17 billion, 92 mortgage deals of AED181.95 million and 20 gifts deals amounting to AED35.42 million Dubai property market deals …
UAE: 8 banks that offer up to 90% of your salary in advance
This facility is a big relief for customers to meet expenses such as electricity bills, hospital charges, or credit card payments …
UAE Central Bank projects real GDP to grow by 7.6% in 2022
The Central Bank also raised non-oil GDP growth from its previous forecast of 4.3% for the whole of 2022, to 6.1%.
UAE central bank sees GDP growth at 7.6% this year
The UAE central bank expects real gross domestic product growth of 7.6% this year, an upward revision of more than a percentage point, while lowering expectations for growth next year, …
DIFC’s contribution to UAE’s economic output on the rise, governor says
The Dubai International Financial Centre has increased its contribution to the emirate’s and the UAE’s economy in 2022, and is set to attract more finance-related foreign direct investment to Dubai …
Money Flows Into UAE (Technical Analysis)
The UAE stock market is poised to outperform the US S&P 500, especially on a relative basis as it is showing strong relative strength. Find out why the ETF is a Buy.
TCS-empowered UAE bank wins IBS Intelligence Global NeoChallenger Bank award
Through an exchange filing, leading IT firm Tata Consultancy Services (TCS) has announced that its client Al Maryah Community Bank has won the IBS Intelligence Global NeoChallenger Bank award in the …
Breinrock Announces the Opening of New Office in Dubai
Breinrock, a global premium brand offering a portfolio of fintech payment solutions, announced today the opening of its new office in Dubai, at the Dubai International Financial Centre (DIFC) – one of …
UAE more proactive in its approach to digital asset regulation
The UAE has been more proactive in its approach to digital asset regulation, working on a framework that will specifically address cryptocurrencies.
Emirates Development Bank named Best Micro Finance Bank in the Middle East by 2022 Global Banking & Finance Awards
Further showcasing EDB’s continuous efforts towards the UAE’s economic development and its support for empowering mSMEs …
UAE banks’ credit fundamentals strong for 2023
Analysts at Fitch expect impairment charges to “fall further on the supportive macroeconomic backdrop and recovering real estate prices, and capital buffers will remain adequate.” …
UAE participates in G20 Finance Track meetings
Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023, which is focused on key global economic issues and the impacts of high f …
UAE: Central Bank issues commemorative coins to mark American University of Sharjah’s silver jubilee
The Central Bank of the UAE (CBUAE), in collaboration with American University of Sharjah (AUS), issued 1,000 commemorative silver coins to celebrate the s..
UAE firms eye $855m stake in Israeli finance firm
UAE funds led by ADQ are in talks to buy a stake worth about $855m in Israeli financial services firm Phoenix Group UAE firms eye $855m stake in Israeli finance firm Israel, Israel-UAE deal Banking & …
Dubai real estate: $479m of property deals on Thursday
Dubai property sector continues to see massive demand and high volume of sales Dubai real estate: $479m of property deals on Thursday Real Estate …
Dubai records over $462.87mln in realty transactions Thursday
DUBAI – Dubai real estate market recorded 468 sales transactions worth AED1.39 billion, in addition to 84 mortgage deals of AED259.89 million, and 65 gift deals amounting to AED109.6 million on …
The UAE participates in the first G20 Finance and Central Bank Deputies Meeting
The meeting sought to discuss the G20 priorities set by the Indian presidency and the Finance Track agenda for 2023 …