The UAE property market is experiencing a remarkable surge in demand as Europeans increasingly choose Dubai for its dynamic lifestyle and favorable business environment. Ali Sajwani, Managing Director …
Infinity Power explores IPO plans for Abu Dhabi stock market
Infinity Power, a prominent renewable energy developer partly owned by Masdar, is evaluating the possibility of launching an initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX) …
UAE’s Emirates NBD, ADIB close $177.6mln PBSA deal in London
Emirates NBD, the second largest lender in the UAE, and the Abu Dhabi Islamic Bank (ADIB) have closed a £140 million ($177.6 million) senior financing transaction for a prime purpose-built student …
Arthur D. Little highlights “UAE and KSA Banks Race To Dominate Employee Experience in GCC“
In the UAE, analysis shows banks continue improvements and innovation … that enhance work-life balance and foster stronger workforce loyalty and productivity. Asian leaders such as DBS Bank in …
Dubai Property Giant Emaar’s Shares Climb to 2008 High
Emaar Properties PJSC, the largest listed real estate firm in the United Arab Emirates, rose to the highest level in nearly 17 years as it extends a rally after boosting dividend payouts.
UAE bank assets surpass Dhs4.4 trillion by September end
The Central Bank of the UAE (CBUAE) revealed that Gross banks’ assets, including bankers’ acceptances, increased by 0.5 per cent from Dhs4,378.0 billion …
Dubai hits over a decade high; Most Gulf shares muted
Dubai’s benchmark share index jumped on Tuesday to its highest level in more than a decade, while most other markets in the Gulf were muted as investors braced for the U.S. Federal Reserve’s monetary …
UAE: Personal, auto loans, mortgages to become cheaper further this week
Therefore, interest rates on auto loans, mortgages and personal loans are expected to drop last time this year on Wednesday. The latest rate cut by the Central Bank of the UAE was announced in early …
UAE to strengthen ties with global financial institutions
As part of its efforts to strengthen the UAE’s strategic relations with regional and international financial institutions, the Ministry of Finance …
UAE: Ministry of Finance, Eurasian Development Bank discusses cooperation
ABU DHABI – The Ministry of Finance (MoF) hosted a high-level delegation from the Eurasian Development Bank (EDB) in Abu Dhabi to discuss ways to enhance financial cooperation and explore new …
UAE payments industry set to hit $27.3bn by 2028: report
The UAE’s payments sector is undergoing a rapid transformation, spurred by government initiatives, fintech innovations, and a shift from cash to digital transactions …
UAE participates in the first G20 meeting of finance ministry undersecretaries and Central Bank deputy governors
Johannesburg: The UAE participated in the first G20 Finance and Central Bank Deputies (FCBD) meeting under South Africa’s G20 Presidency, held in Johannesburg from 11-12 December 2024.
Bitpanda secures in-principle approval for expansion into the UAE
Bitpanda has been authorized to operate in Dubai by the Dubai Virtual Asset Regulatory Authority (VARA), making it eligible to enter into the United Arab Emirates’ growing market for digital assets.
McDonald’s UAE introduces McCrispy chicken burger
McDonald’s United Arab Emirates (UAE) has announced the launch of the McCrispy, a new chicken burger, in the region, as reported by Zawya. The McCrispy features a 100% chicken breast fillet, fresh …
Dubai’s Parkin signs tech deal with Saudi group BATIC
Parkin operates 197,000 spaces in Dubai BATIC has 195,000 in 5 Saudi cities Shares in Parkin up 76% since IPO Parkin, the largest parking management group in Dubai, aims to expand into …
UAE participates in 1st G20 Meeting of Finance Ministry Undersecretaries, Central Bank Deputy Governors
The UAE participated in the first G20 Finance and Central Bank Deputies (FCBD) meeting under South Africa’s G20 Presidency, held in Johannesburg from 11th to 12th December 2024.
Dubai outperforms other Gulf markets as Fed rate decision eyed
Dubai’s benchmark share index jumped on Monday to its highest level in more than a decade, lifted by real estate and finance, while most other markets in the Gulf also gained ahead of the U.S. Federal …