Non-Arab foreigners invest almost $8bn since beginning of 2022 Foreign investors put $8bn in UAE stocks ADX, DFM Market Data …
Orient Finance Exhibits Strong Performance For Q3 2022 With Trade Volume Worth USD 50 Billion – Mid-East.Info
The company recorded over 350 new trading accounts during the quarter UAE represents 95 per cent of these accounts UAE: …
Abu Dhabi bourse closes higher driven by banking sector
Abu Dhabi’s FADX 15 Index grew 0.39% supported by 1.6% and 1.65% hikes in the main lender First Abu Dhabi Bank and Abu Dhabi Islamic Bank respectively. In the meantime, Dubai’s main share index (DFMGI …
Dubai realty set to hit new peak in 2023
Rising demand from high net worth individuals and foreign investors will drive the property sector growth next year, experts say …
Mansion Global Daily: Dubai’s Housing Market Closes out a Banner Year
The International Monetary Fund has named Australia’s property and rental markets as some of the most “misaligned” in the developed world, in a report on housing stability and affordability. High home …
Saudi Arabia’s Luberef falls as much as 6.6% below IPO price in market debut
Shares in Saudi Aramco’s base oil subsidiary Luberef fell as much as 6.6% below its listing price in its Riyadh market debut on Wednesday.
Look: UAE Central Bank issues new commemorative coins
Each coin weighs 60 grams and includes a drawing of the Abu Dhabi Ports Group logo with CBUAE’s name written in both Arabic and English languages …
UAE Central Bank issues commemorative coin on 50th anniversary of Zayed Port and 10th anniversary of Khalifa Port
The issuance of these commemorative coins highlights the successes achieved by the ports of Abu Dhabi and their role in the emirate’s maritime sector in the past decades.
The Debt Panel: ‘Can a bank freeze my gratuity and cancel my credit card?’
However, my bank has blocked my final end-of-service settlement and told me to cancel my credit card. I paid the credit card balance in full every month and have significant cash savings in another …
GCC’s share of global IPOs jump to 23% in 2022; UAE leads with 12 companies raising $11bln
Led by the UAE, the GCC’s share in the global initial public offering (IPO) has massively increased in 2022. According to EFG Hermes, out of $91 billion (Dh334 billion) raised through IPOs worldwide, …
Israel’s outgoing finance minister says incoming government will harm economy
Israel’s outgoing finance minister warned on Tuesday that the incoming government would be “very socialist” due to a coalition deal involving an ultra-Orthodox Jewish party and this could cause a …
Zimbabwe Business Council established in Dubai to boost trade volume and business relations
Dubai Chamber of Commerce has announced the establishment of the Zimbabwean Business Council with a main objective of promoting commercial interests of Zimbabwe and Zimbabwean businesses in Dubai. The …
UAE Central Bank cancels insurance broker’s registration
Recently, the institution also imposed financial sanctions on exchange houses for violating the laws and regulations of the country …
Dubai gears up for suburban living boom in 2023
Demand for townhouse and villa communities will continue to rise next year, as families laying down roots in the emirate opt for the trappings of suburban life, say experts. Properties in new …
FAB, Magnati, and PayRow Net partner to create payment solution for Dubai’s Ports
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai on a budget: How to eat, shop and party for less
Get a head financial start this New Year and enjoy Dubai on a budget. Dubai on a budget: How to eat, shop and party for less. . News.
UAE bank deposits grow by 12.6%, highest since 2015
Total deposits in the UAE’s banking system grew 12.6 per cent year-on-year at the end of September, the highest growth rate since February 2015, the Central Bank said.Residents’ deposits grew 15.3 per …