He was also charged with publishing a content that inconsistent with the media content standards and insults the Emirati society …
Starling Properties: Navigating Dubai’s real estate market for optimal investments
With their expertise and unwavering dedication, Starling Properties is committed to helping you achieve your investment goals and thrive in Dubai’s ever-thriving …
Qatar joins Gulf IPO spree as post-World Cup economic plans advance
The IPO comes amid ongoing moves nurturing Qatar’s financial markets ecosystem. In May 2023, the QIA announced that it will invest $275 million to establish a market-making initiative intended to …
Some Middle Eastern firms pushing IPO plans to 2024, Bank of America says
Several Middle Eastern companies are planning initial public offerings (IPOs) in 2024 instead of this year, a senior Bank of America executive said, amid worries of a global recession.
UAE and South Korea agree to expand economic cooperation in 11 strategic sectors, boost economy
H.E. bin Touq emphasized the profound and robust ties between the UAE and the Republic of Korea, underscoring their progress towards broader levels of constructive cooperation across all levels, with …
UAE Banks Federation hosts seminar on future of open banking and finance
Several experts from the financial technology and banking sectors and senior executives of member banks of the federation attended the seminar …
Dubai transport authority picks Rothschild & Co for asset review
Dubai’s Roads and Transport Authority has appointed Rothschild to advise on the strategic review of its assets including a possible IPO of its Dubai Taxi Corp and public parking businesses. The …
UAE breaks foreign direct investment record as Saudi Arabia sees 59% dip
Israel and the United Arab Emirates led the Middle East and North Africa for the highest FDI inflow — the purchasing of assets in another country — and globally placed 15th and 16th, respectively, …
Dubai logs over AED3.2bn in realty transactions Thursday
Dubai’s real estate market recorded 669 sales transactions worth AED2.91 billion on Thursday, in addition to 134 mortgage deals totalling AED268.19 million, and 89 gift deals amounting to AED101.47 …
Middle Eastern firms push IPO plans to 2024
But the Middle East emerged as an IPO bright spot last year and has so far largely held its ground, with several companies listing on exchanges in the United Arab Emirates and Sau …
Finance ministers of Korea, UAE discuss bilateral cooperation
The finance ministers of Korea and the United Arab Emirates (UAE) met in Seoul, Thursday, to discuss follow-up measures on the UAE’s planned investment of $30 billion here. The UAE plans to invest $30 …
Hedge fund Verition joins rush to Dubai financial hub
A general view of Dubai International Financial Centre (DIFC) (R) among high-rise towers in Dubai, United Arab Emirates June 23, 2019. REUTERS/Christopher Pike DUBAI, July 6 (Reuters) – U.S.-based …
Dubai’s Shuaa Bolsters Investment Bank With Credit Suisse Hires
Dubai-based Shuaa Capital PSC is looking to rebuild its investment banking franchise by bringing in former Credit Suisse bankers amid increasing deal activity in the Middle East. Shuaa in May …
UAE’s Gulf Islamic Investments expands its presence in Saudi Arabia
UAE banking is turning digital, and Dubai’s GII wants to have a big say in it On startup investments, trick is not to fall for valuation hype: GII’s Pankaj Gupta Abu Dhabi’s Mubadala sells trade …
UAE Corporate Tax: Less than half of businesses prepared to comply with new rules, report says
UAE businesses face challenges in understanding and complying with the new corporate tax framework, survey finds UAE Corporate Tax: Less than half of businesses prepared to comply with new rules, …
UAE: Continental Investments LMD and Finance House solidify partnership
The signing of the agreement was witnessed by Mohammed Abdullah Alqubaisi, founder of Finance House, Ahmed Sabbour, chairman of LMD, and Eng. Amr Sultan, CEO of Continental Investments LMD, alongside …
Sharjah Finance Department launches registration and shipping services 24 hours a day
Sheikh Rashid Al Qasimi inaugurates the self-service facility. The Sharjah Finance Department (SFD) has partnered with “Tahseel” and MBME Group, the UAE’s largest payment aggregation platform, to …