Dubai’s real estate market is booming, but buyers face specific financial requirements and hidden costs – here’s how much you should be earning to buy property worth $1 million, according to experts …
Stockify Expands Global Reach with New Office in Dubai International Financial Centre (DIFC)
Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, is expanding its global footprint with a new office at the Dubai International Financial Centre (DIFC). With a mission …
UAE Cabinet reviews the outcomes of efforts to develop the UAE economic and investment-related legislative framework
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “Today, I chaired the first UAE Cabinet meeting of the new governmental season at Qasr Al Watan in Abu Dhabi. We began by reviewing the …
NMDC Group’s IPO of NMDC Energy oversubscribed 14 times
NMDC Group, a leader in engineering, procurement, construction, and marine dredging, announced on Monday that the Initial Public Offering (IPO or Offering) for 1.15 billion shares (Offer Shares”) …
UAE to combat money laundering, terrorism financing with new national strategy
During today’s cabinet meeting, it was revealed that government revenues reached Dh546 billion while expenditures amounted to Dh402 billion …
BRICS expansion enhances group’s economic standing — UAE Finance Ministry
but in late December it refused to join DUBAI, September 2. /TASS/. The expansion of BRICS contributed to strengthening the economic positions of the group, Younis Haji Al Khoori, Under-Secretary of …
UAE visa amnesty: Lifeline for illegal residents & job seekers until Oct 30
Indian nationals wishing to return to India can apply for an emergency certificate at the Consulate General of India (CGI) in Dubai or the Awir Immigration Centre …
UAE: All fines removed for overstayers seeking amnesty, top official confirms
All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …
UAE: All fines removed for overstayers seeking amnesty, top official confirms
All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …
Softlogic partners with Daikin to advance UAE’s commercial air conditioning industry
The partnership is formed amidst a booming commercial air conditioning market in the UAE, valued at over $650 million due to a surge in real estate developments. Softlogic and Daikin aim to capitalize …
UAE and BRICS: Partnership seeking to enhance global development, prosperity
This move aligns with the UAE’s long-standing approach of building partnerships with countries, international organisations, and institutions to enhance the competitiveness and sustainability of its e …
National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs
Dubai — The National Bank of Fujairah (NBF) has today announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for businesses to achieve their …
HSBC names new Head of Global Banking Coverage for the UAE
Al Marri will report functionally to Julian Wentzel, HSBC’s Head of Global Banking for Middle East North Africa and Turkey (MENAT), and to Mohamed Al Marzooqi, Chief Executive of HSBC UAE, on an …
UAE parents anticipate as much as AED 600,000 for their children’s higher education, Zurich survey reveals
Parents who start early and choose the right education savings plan are better positioned to secure their children’s futures …
Rakbank, Bank of Sharjah enter the pipeline: IFR
Founded in 1976, Rakbank is 53% owned by the government of Ras Al Khaimah, one of the UAE’s seven emirates. For an infrequent issuer, the Tier 2 marks a quick, if not entirely unexpected, return to …
Delivery Hero plans IPO of Middle East unit, shares rise
Listing in Dubai planned for Q4 Sales in the Middle East up 31% in Q2 Could use cash from IPO to reduce debt, analysts say GDANSK, Aug 29 (Reuters) – Delivery Hero (DHER.DE), opens new tab is …
Travelodge owner leads secret group behind Cineworld restructuring
Goldentree, the Wall Street hedge fund behind Travelodge, is leading a contentious overhaul of Cineworld that could leave UK ratepayers facing large losses. Cineworld, which collapsed into …