Dubai – The Dubai Financial Market (DFM) welcomed new initial public offerings (IPOs) worth AED 208.20 billion ($56.70 billion) during the first nine months (9M) of 2022. These IPOs aim to support …
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UAE participates in 117th meeting of the GCC Financial and Economic Cooperation Committee
His Excellency Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation …
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Al Ansari Exchange updates physical branches amid IPO buzz
One key revamp is installing smart counters where customers no longer have to speak to a human teller Al Ansari Exchange updates physical branches amid IPO buzz Al Ansari Exchange, Al Ansari Exchange …
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Dubai Financial Market plans to adopt new index methodology during Q4 2022
The exchange indices are to be calculated by S&P Dow Jones Indices Dubai Financial Market plans to adopt new index methodology during Q4 2022 DFM, DFM equity market, DFM General Index, DFM sector …
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London Lord mayor keen to strengthen UAE- UK ties in financial, professional services sector
The UK is focusing on the Green Finance Agenda and is really looking forward to the work done in the Emirates around the moves towards net zero …
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IsDB provides $165.63bn finance to development projects
He talked about the close relationship between the IsDB and the UAE, which is one of the bank’s founding countries and a major stakeholder. Below is an excerpt from the interview: What are your …
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UAE five-year multi-entry visa requires $4,000 bank balance
Now you can visit the UAE again and again under one visa. Discover the UAE multi-entry tourist visa. Here’s all the info on the costs, rules and regulations.
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Dubai leads major Gulf bourses higher
Major stock markets in the Gulf registered strong gains in early trade on Tuesday, tracking Asian shares and oil prices higher, with Dubai bourse leading the gains on prospect of changes in indices.
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Dubai records over $381mln in realty transactions on Monday
The sales included 360 villas and apartments worth $222.73mln, and 25 land plots worth $69.92mln DUBAI – Dubai real estate market recorded 385 sales transactions worth AED 1.04 billion, in addition to …
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UAE Central Bank’s assets jump 4.2% at Dhs495.5 billion in July
The balance sheet of the Central Bank of the UAE rose to Dhs495.54 billion in July, a year-on-year increase of 4.2 per cent or Dhs19.93 billion, compared with Dhs475.61 billion in July 2021.
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UAE: Central Bank’s assets up 4.2% to Dh495.5 billion in July 2022
The balance sheet of the Central Bank of the UAE rose to Dh495.54 billion in July, a year-on-year increase of 4.2 percent or Dh19.93 billion, compared with..
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Dubai slaps $2mn fine on KPMG over Abraaj audit, refers case to Financial Markets Tribunal
Both KPMG LLP and Navalkar denied the DFSA’s allegations and have applied for review of the decisions to the Financial Markets Tribunal (FMT) Dubai slaps $2mn fine on KPMG over Abraaj audit, refers …
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UAE extends National ICV Program to Ras Al Khaimah and Fujairah to support local companies
Agreements signed in the presence of His Excellency Dr. Sultan bin Ahmed Al Jaber and Her Excellency Sarah bint Youssef Al Amiri …
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Saudi Arabia’s SRC extends mortgage benchmark maturity to 30 years
The Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of U.S. mortgage finance business Fannie Mae, said on Monday that it has extended to 30 years the maturity on its benchmark for mortgages …
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Financial needs of UAE nationals continue to be our key focus: says Emirates NBD
As part of its brand proposition, Emirates NBD has strengthened its commitment to empower UAE nationals with tailored solutions that take into account their needs, spending habits and family-based …
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Dubai Financial Market to bring in major changes to its main indices in Q4-2022
Indices such as DFM General Index to be reset each quarter rather than every 6 months Dubai: The Dubai Financial Market (DFM) is bringing about changes in the way its main indices are structured, and …
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World’s financial leaders set to gather for the inaugural Abu Dhabi Finance Week 2022
ADFW will include ADGM’s popular Fintech Abu Dhabi Festival, with previous speakers including $95billion start-up founder John Collison, New York Stock Exchange Chairman Jeff Sprecher, global banking …
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