Dubai Land Department launches a new programme for first-time homebuyers, offering incentives on properties under $1.36m …
HSBC opens wealth centre for affluent clients in the UAE amid influx of millionaires
HSBC, Europe’s biggest bank by total assets, is launching a dedicated wealth centre for affluent clients in Dubai, in an effort to grab a larger share of the rapidly growing wealth and asset …
Pakistan, UAE deepen cooperation
Pakistan and the United Arab Emirates (UAE) have agreed to strengthen cooperation in advancing a cashless economy, following a high-level bilateral consultative meeting held on Monday.
Pakistan, UAE team up for digital economy growth
PM …
Construction firm ALEC Holdings to offer 20% stake in Dubai IPO
ALEC Holdings, which is wholly owned by the Investment Corporation of Dubai (ICD), has operated in Saudi Arabia since 2020 and also maintains a strong presence in the United Arab Emirates. Following …
How to start a holding company in Dubai
Dubai has become one of the world’s most attractive destinations for entrepreneurs looking to diversify their assets and expand globally.
Dubai’s landmark First-Time Buyer Initiative set to spark youth-driven growth in real estate sector
Dubai, UAE: Dubai Land Department has launched a bold new programme aimed at first-time homebuyers, a move that leading developers say could be a catalyst for long-term growth, increased homeownership …
Dubai’s landmark First-Time Buyer Initiative set to spark youth-driven growth in real estate sector
Dubai, UAE: Dubai Land Department has launched a bold new programme aimed at first-time homebuyers, a move that leading developers say could be a catalyst for long-term growth, increased homeownership …
UAE’s du announces final price for secondary public offering, raises Dh3.15 billion
The company sold 342.084 million shares, representing 7.55 per cent of du’s share capital. Based on the final offer price of Dh9.20, the offer will generate approximately Dh3.15 billion of gross …
Azentio launches next gen “Islamic Finance Origination” to accelerate GCC growth
Dubai, UAE – Azentio Software, the end-to-end BFSI software specialist, announced the launch of its next-generation Islamic Finance Origination (IFO) solution. Purpose-built for speed, compliance, and …
UAE’s Emirates Islamic Bank mandates USD 5-year sustainability-linked sukuk
Emirates Islamic Bank (EIB), rated A+ (stable) by Fitch, has issued mandates for a dollar-denominated five-year benchmark Reg S senior unsecured sustainability-linked sukuk. El Sukuk Company is listed …
Dubai’s new IPO: Sovereign wealth fund ICD to sell 20% stake in Alec Holdings
Alec Holdings, a diversified engineering and construction group, on Monday said it would list 20 per cent of its share capital on the Dubai Financial Market through an Initial Public Offering, with …
Dubai Taxi Company growth: Delivering robust financial returns
Dubai Taxi Company (DTC) continues to deliver robust financial returns while contributing to Dubai’s vision of a smart and sustainable transportation ecosystem. Amit Khandelwal, CFO of DTC, with 25 …
ALEC Holdings announces intention to float on the Dubai Financial Market
The Selling Shareholder, ICD, retains the right to amend the size of the Offering at any time prior to the end of the subscription period at its sole discretion, subject to applicable laws and the …
UAE’s ALEC Holdings to offer 20% stake in IPO, Gulf News reports
ALEC Holdings, a Dubai-based engineering and construction firm, will sell 1 billion shares, representing a 20% stake, in an initial public offering, Gulf News reported on Monday.
Dubai Taxi Company sets new course with record growth
December 2023 marked a proud and historic moment for Dubai Taxi Company — our official listing on the Dubai Financial Market. This milestone is more than just a financial achievement; it’s a reflection …
DTC: Compelling investment story aligning with Dubai’s growth
Abdalla Alameeri, Director of Commercial Investments highlights DTC’s ESG-driven strategy, tech innovation, and alignment with Dubai Vision 2030 positioning it as a compelling investment opportunity …