After a strong performance last year, the GCC region is set to see more activity in its capital markets in the medium term .
UAE market closes higher on rate pause optimism
Stock markets in the United Arab Emirates (UAE) rose on Friday, as investor confidence improved on expectations that central banks such as the U.S. Federal Reserve and European Central Bank are …
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
Phoenix Technology, a crypto mining hardware retailer and mining facility operator, is considering going public, Bloomberg reported on Friday. Phoenix is in early stage talks for an initial public …
UAE and Dubai continue to grow as strong emerging venture markets
As the startup scene in the MENA region continues to gain traction, investors and entrepreneurs are flocking to this dynamic ecosystem.
Dubai logs over AED2.4bn in realty transactions Thursday
DUBAI, 27th July, 2023 (WAM) — Dubai’s real estate market recorded 559 sales transactions worth AED1.81 billion on Thursday, in addition to 120 mortgage deals totalling AED374.77 million, and 110 …
Profits of leading UAE bank Emirates NBD surge by 130 pct in H1
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 …