Philip Currie received an SMS on May 7 about an outstanding bill from his telecom provider, du. Mr Currie, 49, from Britain, decided to pay the bill through du Quick Pay, as he did every month. On his …
UAE stock markets attract $490mln liquidity at close of Wednesday’s trading
The liquidity was distributed as AED1.1 billion in the Abu Dhabi Securities Exchange (ADX) and AED723.2 million in the Dubai Financial Market (DFM), after trading 1.42 billion shares through the …
UAE President concludes state visit to Republic of Korea
President His Highness Sheikh Mohamed bin Zayed Al Nahyan departed Seoul today, Wednesday, concluding a two-day state visit to the Republic of Korea.
UAE President arrives in Beijing at beginning of state visit to China
President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in the Chinese capital, Beijing, today at the start of a two-day state visit to the People’s Republic of China at the invitation of …
Alef Education IPO Price Range Values Edtech Firm Between Dh9.1 Billion To Dh9.45 Billion
The deal comes amid a bustling period for IPOs in the Arabian Gulf. Saudi Arabia has recently experienced a surge in IPO activity, with several offerings heavily oversubscribed. Dubai has hosted two …
Dubai’s ICD records ‘best-ever’ financial year with over AED60bn net profit in 2023
The Investment Corporation of Dubai (ICD) announced record financial results for 2023, reporting its highest-ever revenues and net profit driven by stellar performance across its core sectors.
Sanctions against Russia are not working, says UAE trade official
Western sanctions against Russia have not impacted trade outside of the West, said Hamad Buamim, chair of the Dubai Multi Commodities Center, in comments to the Financial Times published on May 29.
Dubai real estate: Palm Jumeirah top destination for properties sold for more than $10m
Indeed, Palm Jumeirah was the most popular location for prime sales in Dubai last year, accounting for 38.5 per cent of all homes that sold for more than $10m and 39.2 per cent for properties valued …
Dubai party hotel operator FIVE Holdings taps banks for IPO next year
Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people with knowledge of the matter said, joining a growing number of companies …
Dubai real estate: Home Loan vs. Mortgage – which is a better financing option? Experts weigh in
Dubai experts offer insights on key differences, pros, cons and financial considerations when choosing between home loans and mortgages for property purchases in the emirates booming real estate marke …
Dubai: Drake and Scull International resumes trading after 5-year suspension
In 2015, it had reported losses after the decline in oil prices forced developers and clients to defer payments and delay projects …
S. Korea-UAE investment cooperation MOU
South Korean Finance Minister Choi Sang-mok (R, front), who doubles as the deputy prime minister for economic affairs, poses with the head (L, front) of Mubadala Investment Co. after signing an MOU on …
My Own Home: Interior designer turns Dh3.6 million Dubai home into Scandinavian haven
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Norwegian interior designer Hanne Ommundsen and …
(LEAD) S. Korea, UAE’s deals poised to boost ties, ranging from energy to investment
“The Republic of Korea remains one of the world’s most vibrant and dynamic economies, with a wide range of investment opportunities that offer compelling financial returns,” Mubadala CEO Khaldoon …
Emirates Islamic named ‘Best Overall Islamic Bank’ and ‘Most Innovative Islamic Bank’ at Islamic Finance News Awards 2024
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with two prestigious awards at the Islamic Finance News Awards 2024, acknowledging the bank’s …
Korean President hosts official reception for UAE President
His Excellency Yoon Suk Yeol, President of the Republic of Korea, today welcomed President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, who is on a two-day state visit to the Republic of Korea.
(LEAD) S. Korea, UAE forge comprehensive economic partnership pact
South Korea and the United Arab Emirates (UAE) signed a comprehensive economic partnership agreement freeing up trade between the two countries Wednesday after President Yoon Suk Yeol and UAE …