The UAE Public Prosecution has issued imprisonment orders against the owner and manager of a private company for duping 296 Emiratis. The accused took mone..
UAE gross banks’ assets ‘top $990bln by end-November 2022’
According to figures published in the Central Bank of the UAE (CBUAE) November summary report on monetary and banking developments, gross credit rose by 0.5% from around AED1.88 trillion at the end of …
Dubai apartment sales soared in Q4 2022
Dubai apartment sales soared in the fourth quarter of 2022, up 164% year-on-year, with a series of off-plan launches accounting for the growth. Morgans Realty said real estate sales overall in the …
Dubai records over $653mln in realty transactions on Monday
The mortgages included 75 villas and apartments worth AED658.11 million and 26 land plots valued at AED52.11 million, bringing the total realty transactions of today to over AED2.4 billion. Disclaimer …
Investors flock to UAE on ease of doing business initiatives, visa reforms
More investment likely in real estate, e-commerce, logistics and transportation, hospitality, and tourism sectors Dubai: The UAE looks set to attract more foreign investment this year as the …
Dubai Records Over AED2.4 Bn In Realty Transactions Monday
The mortgages included 75 villas and apartments worth AED658.11 million and 26 land plots valued at AED52.11 million, bringing the total realty transactions of today to over AED2.4 billion. Legal …
Dubai realty stands out with a double-digit price surge
Overall property price growth reached 11.05 per cent in 2022, averaging 0.92 per cent per month— down from 1.33 per cent per month in 2021 when annual price growth …
Dubai stock exchange in talks over dual-listings in 2023
Dubai Financial market holds dual-listing talks Dubai stock exchange in talks over dual-listings in 2023 Dubai Financial Market, IPO, IPO in Dubai IPO …
Two IPOs on track for H1 as Middle East gears up for busy 2023
Oman’s OQ launched the flotation of its oil-drilling business, Saudi regulators approved IPO of TAM Development …
UAE’s economic indicators strong despite global slowdown, says top official
D33 will target key strategic sectors such as manufacturing, logistics, tourism, digitalisation and financial, says Helal …
UAE bank assets reach $991bn
Central Bank of the UAE reports show assets on the verge of passing $1tn UAE bank assets reach $991bn banking, CBUAE, UAE Banking & Finance …
Lazard appoints Al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim Al-Khatib as chief executive officer of the bank’s investment banking business for the Middle East and North Africa.
Lazard names Al-Khatib as CEO of Lazard’s investment banking business for MENA
DUBAI – Investment bank Lazard Ltd said on Monday it hired Wassim Al-Khatib as chief executive officer of the bank’s investment banking business for the Middle East and North Africa. Al-Khatib will …
Lazard names Al-Khatib as CEO of Lazard’s investment banking business for Middle East, North Africa
Investment bank Lazard Ltd said on Monday it hired Wassim Al-Khatib as chief executive officer of the bank’s investment banking business for the Middle East and North Africa. Al-Khatib will also be …
How corporate tax supports 350,000 SMEs in UAE
To support SMEs, there will be a zero per cent tax rate for taxable profits up to Dh375,000. The zero per cent threshold has been included in recognition of the …
Dubai to host inaugural edition of MENA IPO Summit from Monday
Sheikh Maktoum’s remarks were made on the occasion of the city hosting the MENA initial public offering (IPO) Summit, which will be held from 23rd-25th January at the Museum of the Future in Dubai.
Kendall Jenner under fire for Dubai hosting gig
Kendall Jenner drew criticism on social media after traveling to Dubai to promote her 818 Tequila at the opening of a new ultra-luxury hotel.