United Fintech is increasing its global presence with the opening of a new location in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, “spearheaded by Athena, …
Dubai thrives as the top global hub for greenfield FDI projects
Dubai was ranked the No.1 global destination for greenfield foreign direct investment (FDI) projects in 2023 for the third successive year as it reinforces itself as a “must destination” for emerging …
S’pore’s alleged money launderers named alongside terrorist financiers, drug lords in Dubai probe
The Dubai Unlocked investigation involves hundreds of thousands of Dubai property records. Read more at straitstimes.com.
Dubai’s DLD launches initiative for real estate technology
These aim to develop real estate innovation, attract technology companies specialised in real estate to Dubai, enhance the innovation ecosystem in PropTech, finance and support real estate technology …
Exploring investment: PM expected to visit UAE in a couple of weeks
ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks, wherein issues related to investment in different sectors, country’s financial …
The ‘Real Housewives of Dubai’ Net Worths, Ranked: Who Is the Richest?
Boasting luxurious shopping malls, man-made islands and the world’s tallest skyscraper, the city has become synonymous with wealth in recent years, so it made perfect sense when Bravo announced in …
Consumer confidence in UAE banks climbs to 90%, here’s why
Addressing a press conference held recently at Mashreq Bank’s headquarters in Dubai, Al-Ghurair emphasised that this uptick reflects the sector’s steadfast evolution, underscoring customer trust as a …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserve …
Dubai picks banks for IPO of UAE builder ALEC – report
Dubai has picked banks to work on the initial public offering (IPO) of UAE builder ALEC Engineering & Contracting, Bloomberg reported, citing people familiar with the matter. The banks chosen to work …
Dubai Unlocked: A global investigation into Dubai’s real estate owners
Dubai Unlocked is an investigative project involving more than 70 media outlets around the globe revealing who owns what in Dubai, the Middle East’s financial hub.
Ajman Bank wins ‘Islamic Digital Banking Provider of the Year Award’
Ajman Bank has won the “Islamic Digital Banking Provider of the Year Award” at the MEA Finance Banking Technology Summit & Awards 2024.The awards ceremony, which took place at the Ritz-Carlton at the …
White & Case, Linklaters, Ibrahim & Partners Advise on Dubai Supermarket IPO
Lawyers from across the Middle East, London and the US worked on the Spinneys IPO, which led to an implied market capitalization of around $1.5 billion.
How Dubai’s dynamic economy created one of the world’s most buoyant office markets
Demand in premium property spaces, in particular, has reached new heights. Dubai International Financial Centre (DIFC) saw 34 percent growth in new registrations last year, and key office spaces such …
Dubai billionaire calls for fund to support mothers, says willing to contribute up to $27.24mln
A Dubai billionaire has suggested establishing a fund to support mothers in the UAE considering their critical role in the upbringing of the UAE’s future generation. Khalaf Ahmad Al Habtoor, founding …
Dubai billionaire calls for fund to support mothers, says willing to contribute up to Dh100 million
Khalaf Ahmad Al Habtoor, founding chairman of Al Habtoor Group, said on Thursday that he would contribute up to Dh100 million to the fund. “Mother is the most important person i …
Robust IPO activity in MENA region points to market resilience
Ernst & Young’s latest report reveals robust initial public offering (IPO) activity in the Middle East and North Africa (MENA) region during the firs …
Mideast Stocks: Most Gulf markets rise on US rate cut optimism; Dubai slips
Saudi Arabia’s benchmark stock index bounced back after two straight sessions of losses and advanced 0.8%, with ACWA Power rising 6.2% and Saudi National Bank, the kingdom’s largest lender, adding 1.7 …