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 …
UAE is focused on uniting parties in a COP that delivers for all : COP28 President-Designate
The COP28 President-Designate paid tribute to the work of Mia Mottley, Prime Minister of Barbados, in driving climate finance reform for vulnerable countries across the Global South. “As Prime …
UAE: Re-exports can fast-track Emirates’ economic ambitions
On March 28 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced that ..
AllianceBernstein Joins Global Money Firms Setting Up in Dubai
AllianceBernstein LP is opening an office in Dubai, joining a raft of international finance firms flocking to the Middle Eastern hub.
Dubai real estate records second $1bn day in a row
Dubai Land Department reports second consecutive billion-dollar real estate day in a row Dubai real estate records second $1bn day in a row Dubai, Dubai Land Department, Dubai real estate Real Estate …
UAE records 10% surge in FDI to $23b to rank 16th globally
The UAE improved its position as the world’s 16th most attractive foreign direct investment (FDI) destination in 2022 by recording a 10 per cent surge in ..
JPMorgan’s Umunna says ‘carping’ about UAE as climate host should stop
Chuka Umunna, JPMorgan’s Head of EMEA ESG (environmental, social and governance) & Green Economy Investment Banking, said critics in richer countries should “give the presidency a chance”. “It’s a …
UAE records highest number of foreign direct investments with Dhs84 billion in 2022, says Sheikh Mohammed
The United Nations report also confirmed that the UAE is the fourth largest recipient of new project investments in the world, with a total of 997 projects, after the United States, Britain and India, …