Sales volumes were down 4.6 per cent compared to December 2024, according to the latest Property Monitor monthly market report …
UAE and Saudi Arabia lead MENA M&A activity to over $92bn in 2024
The UAE and Saudi Arabia led MENA M&A activity to more than $92bn last year, according to the latest EY MENA M&A Insights 2024 report. The MENA region recorded a 3 per cent rise in merger and …
UAE instant payments platform Aani signs up 1.5 million users
About 1.5 million users in the UAE have enrolled with Aani, the central bank’s new instant payments platform, as the Emirates seeks to increase financial inclusion and move towards a cashless society.
The UAE participates in the first Finance Ministers and Central Bank Governors meeting under the South African Presidency of the G20
Meanwhile, the UAE participated in the second G20 Finance and Central Bank Deputies (FCBD) meeting under the South African Presidency of the G20, which was held in Cape Town from 24-25 February, to …
Mashreq to foster Egypt’s digital corporate banking landscape via NEO Corp launch
Upon obtaining the required regulatory approvals, Egypt will be the first country in Mashreq’s network and outside the UAE to go live with the full suite of Mashreq NEO CORP products and services.
UAE is firm on strengthening its global trade corridors for growth
The UAE, represented by the UAE Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank …
Dubai real estate market posts first monthly dip in two years
Dubai’s red-hot real estate market has recorded its first monthly price decline in over two years, signalling a long-anticipated shift toward equilibrium. According to Property Monitor, a leading real …
UAE participates in first G20 Finance Ministers and Central Bank Governors meeting
Meanwhile, the UAE participated in the second G20 Finance and Central Bank Deputies (FCBD) meeting under the South African Presidency of the G20, which was held in Cape Town from 24-25 February, to …
Dubai real estate prices fall for first time in 2 years – is market stabilising?
Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …
Elite investor Ray Dalio warns the US may suffer a financial ‘heart attack’ if the debt problem isn’t tackled
Bridgewater founder Ray Dalio compared the US debt to plaque building up in a heart, and said it was vital to act before the situation worsens.
UAE ramps up China charm offensive to deepen investment, tech ties
Dubai officials are in Shenzhen this week, following a tour by Abu Dhabi officials across major Chinese cities that sealed multiple deals focused on AI, advanced tech, and smart cities.
UAE pledges to invest $40 billion in Italy
More than 40 agreements across defense, energy, and space were signed during President Sheikh Mohamed bin Zayed’s visit to Rome.
How UAE banks are integrating ESG criteria into their operations
Banks will play an important role in the UAE’s transition to a greener economy, requiring them to shift investments from high-carbon sectors to green technologies …
Dubai real estate ‘starting to show signs of stabilisation’ as prices moderate for first time in 2 years: Property Monitor
Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …
Dubai property prices declined in January
The report said the median price in Dubai for apartments was AED1.35m, for townhouses AED2.67m, and for villas AED6.92m. The drop in prices comes against the backdrop of a market that has experienced …
Dubai real estate market sees first price decline in two years – Property Monitor
Dubai: Dubai real estate prices fell by 0.57% in January 2025 – the first decline since summer 2022 – signalling a market shift towards stabilisation, according to leading real estate intelligence …
Investors bullish on fixed-income hedge funds
The growing interest in fixed-income hedge funds underscores the broader trend of investors seeking resilient, high-performing strategies.