A series of recent initiatives unveiled by the UAE are set to improve the country’s property sector and attract more investment to a market that has already seen major growth last year.Earlier this …
UAE buyers to pay higher upfront property costs as Central Bank issues new orders
The Central Bank of the UAE’s recent instruction for banks to stop financing the Dubai Land Department registration fees and real estate broker fees from February 1 is set to add to prospective home …
HB Wealth Management LLC Makes New Investment in HDFC Bank Limited (NYSE:HDB)
HB Wealth Management LLC bought a new stake in HDFC Bank Limited (NYSE:HDB – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange …
UAE Central Bank’s order for banks to stop funding DLD and agency fees to increase upfront property costs
The Central Bank of the UAE’s recent instruction for banks to stop financing the Dubai Land Department registration fees and real estate broker fees from February 1 is likely to add to prospective …
Dubai Investments Explores IPO For Subsidiary Firms
UAE’s Etihad, Flynas gear up for IPO this year: Report
UAE’s Etihad Airways and Flynas are gearing up to list on local stock markets this year, Reuters reported today, Jan. 24, citing sources with knowledg …
Analysis-Etihad to Sound Out Investors as Gulf Carriers Race Towards IPOs
The IPOs would allow investors to access a market with significant growth potential, aviation analyst John Strickland said, citing hub capability due to a geographic location between Europe and Asia, …
Dubai-Based Wall Street Exchange Pays Over $9.2 Million to Settle U.S. Bank Fraud Allegations
Wall Street Exchange pays over $9.2 million to resolve U.S. bank fraud allegations, under a non-prosecution agreement that involves a fine and forfeiture for misleading a U.S. bank about anti-money …
UAE: Consumer spending projected to improve in 2025, says Majid Al Futtaim CEO
Consumer confidence is returning and spending outlook “is certainly positive” across the Mena region, said Ahmed Galal Ismail, CEO of Majid Al Futtaim (MAF) Holding. Given that MAF operates in 15 …
Paymob secures UAE central bank license for retail payment services
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions …
UAE expands Cepa network to shield economy amid trade risks
The UAE is doubling down on its comprehensive economic partnership agreements (Cepas) to shield its economy from potential trade wars and ensure uninterrupted access to global markets. With deals …
Dubai Investments plans IPO for its subsidiaries, says CEO
Dubai Investments, a diversified company in which the sovereign wealth fund Investment Corporation of Dubai holds a stake, plans to take four of its subsidiaries public amid the continued momentum for …
The true value of financial advice: St. James’s Place Middle East
One of the biggest benefits of financial advice is clarifying and setting out an investor’s long-term goals and matching their needs with the right investment …
Special UAE coin with image of Sheikh Mohamed now available for Dh650; how to get it
Calling all — and anyone who wants to keep a unique UAE memorabilia: A special silver coin with an image of President Sheikh Mohamed was issued to mark the Central Bank’s (CBUAE) 50th anniversary, it …
EFG Hermes braces for IPO flurry in GCC after market-leading 17 deals worth $19.7bln
EFG Hermes helped raise $7.2 billion from 11 IPOs across Tadawul, ADX, DFM and Boursa Kuwait and $12.5 billion from six secondary offerings, Ali Khalpey, Head of ECM, told Zawya …
UAE’s global leadership reinforced by strong performance of its firms
The UAE continues to assert its global leadership through the outstanding performance of its companies in the Global 500 2025 research, an annual …
Millionaires in Dubai make everyone else feel poor
At a Tikki-themed bar in Dubai early last year, a man claiming to be a Scandinavian real estate millionaire ordered a round of tequila cocktails while yelling his formula for success in my ear (“fame, …