Figures demonstrate the continued confidence of local and international investors in Dubai’s real estate market …
UAE: Lending for personal loans, credit cards grows despite increased rate hike
Lending to individuals and companies grew in the UAE in the second quarter of 2023 despite an increase in interest rates, according to Credit Sentiment Survey released by the Central Bank on Wednesday …
Dubai property market sees $77bn of transactions in 2023, 10 top neighbourhoods revealed
Dubai real estate sector is booming, with over 76,119 transactions in six months Dubai property market sees $77bn of transactions in 2023, 10 top neighbourhoods revealed Dubai, Dubai Land Department, …
Dubai: 9 real estate projects worth Dh4.06 billion completed in the first half of 2023
Dubai witnessed the completion of nine real estate projects worth Dh4.06 billion in H1 2023. According to data issued by the Dubai Land Department (DLD), 3..
UAE: Banking for tech startups to be enhanced in Abu Dhabi
Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
My Own Home: Family buys Dh3.4 million Dubai villa after 10 years renting
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 Ryan Aldrin, 36, moved to Dubai in 2012 after …
HUB71, Wio Bank to enhance banking for tech startups in Abu Dhabi
Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
Dubai Islamic Bank’s Q2 profit climbs 17% amid continued economic momentum
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, has reported a 17 per cent increase in second-quarter net profit, boosted by a surge in income from Islamic financing and …
UAE Ministry of Finance publishes preliminary results of Government Finance Statistics for Q1 2023
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, …
Expat Go-to Website Dubizzle Taps Citigroup, HSBC for IPO
Dubizzle Group, which operates classifieds websites popular with expatriates in the United Arab Emirates, is working with Citigroup Inc. and HSBC Holdings Plc on its potential initial public offering, …
UAE government revenues hit Dh115.6 billion in Q1
The UAE government’s revenues stood at Dh115.6 billion for the first quarter of 2023, data from the Ministry of Finance showed on Tuesday. The government expenditures stood at Dh92.5 billion, figures …
Ministry of Finance publishes preliminary results of UAE Government Finance Statistics for Q1 2023
Abu Dhabi, UAE – The preliminary results of the UAE Government Finance Statistics Report for the first quarter of 2023, published by the Ministry of Finance today, revealed that the government’s …
G2G draft framework agreement with UAE approved for bulk, general cargo terminal
A Cabinet committee has approved G2G draft framework agreement with UAE for development of bulk and general cargo terminal at East Wharf at Karachi port. Federal Minister for Finance and Revenue …
BRICS’ NDB welcomes UAE’s Thuraiya Hamid Alhashmi as board member
BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organisations Department at the UAE Ministry of Finance, as a member of its …
Dutco, Ellington Properties to develop high-end residential projects in Dubai
The first phase of the Dutco Ellington collaboration will see the launch of two new waterfront projects in Dubai …
Dubai based fintech appoints major new hire to drive strategic growth and financial inclusion across the UAE
Dubai, UAE: NOW Money, a leading inclusive FinTech company offering accessible digital banking solutions for overlooked communities, today announces the senior appointment of Matt Jennison as the …
UAE Female Joins BRICS New Development Bank Board
BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organizations Department at the UAE Ministry of Finance, as a member of its …