The company’s shares will now begin trading on the Dubai stock exchange starting September 29 Salik raises over $1 billion from oversubscribed IPO DFM, Dubai bourse, Dubai Financial Market, Dubai RTA, …
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UAE: How much interest you will pay for a Dh100,000 loan after latest rate hike
The UAE residents who have obtained loans on floating rates are likely to pay higher EMIs after a consistent this year.After by the US Federal Reserve on Wednesday, the UAE Central Bank followed and …
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Dubai records over $299mln in realty transactions on Thursday
DUBAI – Dubai real estate market recorded 371 sales transactions worth AED825.36 million, in addition to 81 mortgage deals of AED231.57 million, and 18 gift deals amounting to AED48.1 million on …
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UAE healthcare firm Burjeel Holdings seeks local investors for IPO -sources
Abu Dhabi-based hospital operator Burjeel Holdings is seeking local investors for its planned initial public offering, two sources said, scrapping plans to seek foreign investors after Abu Dhabi’s …
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Dubai’s Fintech Surge set to accelerate MENA region’s rapid fintech growth
Fintech Surge will host top innovators across Digital Banking, Paytech, Insurtech, Regtech and Wealth and Asset Management …
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Dubai’s Salik IPO demand booms: Here’s how you can still buy a share at Dh2
On Tuesday, Salik said it agreed on a final per-share price of Dh2, which implies a total valuation of Dubai’s exclusive toll gate operator at Dh15 billion and an IPO of Dh3 billion ($817 million).
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UAE leads in Indian exports to GCC with 68% growth at $28 billion
Indian exports to GCC grew by 44 per cent in the financial year 2021-22 (FY 2021-22) to $43.9 billion compared to last fiscal’s $27.8 billion with the UAE leading the trade with 68 per cent growth, …
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UAE visa: Get medical fitness results in 30 minutes at new Dubai centre
Residence visa applicants can now get their medical fitness results in just half an hour at the new state-of-the-art facility that was inaugurated in Dubai on Wednesday. Sheikh Maktoum bin Mohammed …
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Long a haven for wealth, Dubai will enforce UK court rulings
The United Arab Emirates has called on its courts to begin enforcing the judgements of British courts, in a move that could affect the city of Dubai’s status as a haven for the world’s wealthy.
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UAE courts granted powers to enforce UK rulings
UAE courts have been granted new powers to enforce judgments imposed in civil and financial cases in England under a landmark ruling by the Ministry of Justice.The resolution ― which was issued last …
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Dubai Financial Market PJSC
Dubai Financial Market PJSC (DFM) is a United Arab Emirates-based public shareholding company engaged in the financial market sector. The Company operates Dubai Stock Exchange and related clearing …
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UAE’s Adnoc Considers Bid for Oil Trader Gunvor
Abu Dhabi National Oil Co. is considering a deal to buy all or part of commodity trading house Gunvor Group, according to people with knowledge of the matter, in what would be one of the industry’s …
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Dubai Investments launches mixed-use beachfront project in RAK
Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM), has launched Danah Bay, a vibrant, mixed-use beachfront community and lifestyle destination on Al Marjan …
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Dubai property deals reach $435.6 million on Monday
Monday’s property deals included 392 sales transactions worth AED900.8 million, 84 mortgage deals of AED741.14 million and 15 gift deals amounting to AED37.6 million Dubai property deals reach $435.6 …
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Dubai Investments Launches New Lifestyle Destination in Ras Al Khaimah – Danah Bay
Located within the heart of the View Island on Al Marjan Island, Ras Al Khaimah, Danah Bay is a unique premium beach community …
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First-ever Sustainability Finance Model to tackle energy crisis in real estate announced
Smart Cities solutions provider Netix Global has announced a Sustainability Finance Model in partnership with one of the largest energy and automation funds from Europe, aimed at funding the Ai …
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UAE central bank discusses initiatives to enable instant payments
The move is part of the nation’s efforts to “support the transformation of the payment landscape in the UAE,” the regulator said UAE central bank discusses initiatives to enable instant payments …
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