The other UAE companies in the top ten are First Abu Dhabi Bank, Emirates NBD and Taqa at eighth, ninth and tenth spots respectively.
Qatar, Dubai bourses rise on Fed rate pause optimism; Saudi retreats
Stock markets in Dubai and Qatar ended higher on Tuesday ahead of a widely expected interest rate pause by the U.S. Federal Reserve although other major markets were subdued amid volatile oil prices.
UAE firms outperform GCC peers with over 50% jump in Q1 profit
Net profits for Dubai-listed companies jumped 51.2 per cent to reach $4.8 billion in the first quarter of 2023 compared to $3.2 billion in the same 2022 period …
Top Areas for Real Estate Investment in Dubai: From Desert to Dreamland
Dubai, a city known for its innovation, grandeur, and economic prosperity, offers a plethora of investment opportunities in the real estate sector.
Ellington breaks ground on $194m JLT residential project
UAE-based boutique developer Ellington Properties has partnered with Dubai Multi Commodities Centre (DMCC) to break ground on its Upper House, a new multi-family residential project located within …
UAE gold forecasted to grow by 3.6% annually through 2030
The UAE’s precious metals market is expected to reach a value of AED 13.21 billion by the end of the decade …
UAE: Gold prices in Dubai gain Dh1 per gram in early trade
Gold prices rose in the UAE on Tuesday morning in line with the global rates as traders await key US inflation data and the Federal Reserve’s decision on i..
India, UAE to raise non-petroleum trade to $100 bn by 2030, agree to conduct trade in local currency
Goyal said that the RBI and UAE central bank are in active discussions for rupee-dirham trade and the Finance Ministry supports the move.
UAE Holds Second Round Of Negotiations With Russia On Agreement For Avoidance Of Double Taxation
The UAE, represented by the Ministry of Finance, held the second round of negotiations on the double taxation agr …
The UAE holds a second round of negotiations with Russia on avoidance of double taxation
He added: “The Ministry of Finance aims to expand its network of double taxation avoidance agreements pertaining to income, to promote the UAE’s competitiveness and grow its trade and investment …
Dubai logs over $952.9mln in realty transactions Monday
Dubai’s real estate market recorded 671 sales transactions worth AED2.29 billion on Monday, in addition to 149 mortgage deals totalling AED1.14 billion, and 29 gift deals amounting to AED98.65 million …
Dubai logs over AED3.5bn in realty transactions Monday
Dubai’s real estate market recorded 671 sales transactions worth AED2.29 billion on Monday, in addition to 149 mortgage deals totalling AED1.14 billion, and 29 gift deals amounting to AED98.65 million …
Dubai: real estate boom invigorates mortgage market
In light of the huge real estate expansion in Dubai, the mortgage finance sector has become a major mechanism in determining the necessary demand and liquidity in the market. Specialists estimated …
UAE vows to meet world’s ‘high expectations’ for Cop28 clean energy drive
The UAE recognises the “high expectations” for Cop28 in Dubai and will host the climate talks with a “great sense of urgency”, the summit’s chief executive said on Monday. Adnan Amin told diplomats …
UAE holds second round of talks with Russia for double tax avoidance
Ministry of Finance said it is keen to cooperate on areas of shared interest, and continue coordination and constructive dialogue with the Russian Federation …
India, UAE discussing trade in national currencies
NEW DELHI – India and the United Arab Emirates (UAE) are looking at using their national currencies in bilateral trade as they aim to grow the value of their non-oil trade to US$100 billion per year …
Salik bags reputed international award for Best IPO in the Middle East in 2022
The award was presented at a special ceremony organised by the Magazine in London, United Kingdom attended by a cohort of representatives of prominent companies and financial institutions operating in …