The profits of Emirates NBD a leading bank group in the United Arab Emirates UAE in terms of assets increased by 130 percent to a …
Dubai: Emirates NBD’s H1 profits jump 130% to record Dh12.3 billion
Dubai’s largest bank on Thursday announced a massive increase of 130 per cent in profits to a record Dh12.3 billion in the first half of 2023 on strong cur..
Dubai: 12 tips that can help Dubai expats achieve financial freedom
Financial independence is a dream that many people cherish. It means being able to live life on your own terms, without being restricted by financial const..
Dubai real estate market records multi-year high rental surge in 2023
The rising trend of tenants turning to home buyers is adding to the already high demand for properties in Dubai, impacting the deteriorating demand-supply situation in the market Dubai real estate …
Dubai Islamic Bank reports 15% rise in its net profit to AED3.11bn in H1, 2023
The bank said the improvement in its performance was driven by rising core revenues, controlled impairments and effective cost management Dubai Islamic Bank reports 15% rise in its net profit to AED3.
Dubai properties: Transactions hit Dhs283bn in H1 2023; DLD reveals top 10 areas
Al Barsha South Fourth topped the list of top 10 Dubai properties for the number of transactions with 7,228 transactions …
Dubai sees completion of 9 real estate projects in H1’23
Figures demonstrate the continued confidence of local and international investors in Dubai’s real estate market …
UAE: Lending for personal loans, credit cards grows despite increased rate hike
Lending to individuals and companies grew in the UAE in the second quarter of 2023 despite an increase in interest rates, according to Credit Sentiment Survey released by the Central Bank on Wednesday …
Dubai property market sees $77bn of transactions in 2023, 10 top neighbourhoods revealed
Dubai real estate sector is booming, with over 76,119 transactions in six months Dubai property market sees $77bn of transactions in 2023, 10 top neighbourhoods revealed Dubai, Dubai Land Department, …
Dubai: 9 real estate projects worth Dh4.06 billion completed in the first half of 2023
Dubai witnessed the completion of nine real estate projects worth Dh4.06 billion in H1 2023. According to data issued by the Dubai Land Department (DLD), 3..
UAE: Banking for tech startups to be enhanced in Abu Dhabi
Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
My Own Home: Family buys Dh3.4 million Dubai villa after 10 years renting
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Ryan Aldrin, 36, moved to Dubai in 2012 after …
HUB71, Wio Bank to enhance banking for tech startups in Abu Dhabi
Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
Dubai Islamic Bank’s Q2 profit climbs 17% amid continued economic momentum
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, has reported a 17 per cent increase in second-quarter net profit, boosted by a surge in income from Islamic financing and …
UAE Ministry of Finance publishes preliminary results of Government Finance Statistics for Q1 2023
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, …
Expat Go-to Website Dubizzle Taps Citigroup, HSBC for IPO
Dubizzle Group, which operates classifieds websites popular with expatriates in the United Arab Emirates, is working with Citigroup Inc. and HSBC Holdings Plc on its potential initial public offering, …
UAE government revenues hit Dh115.6 billion in Q1
The UAE government’s revenues stood at Dh115.6 billion for the first quarter of 2023, data from the Ministry of Finance showed on Tuesday. The government expenditures stood at Dh92.5 billion, figures …