Dubai’s supply of flexible office space is set to grow as corporate entities look to adapt and employees seek an alternative to working from home, estate agent Savills has said. In 2018, flexible …
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Dubai Investment Fund Strengthens Foothold In Global Markets
Bloomberg reports that Dubai has become increasingly popular among hedge fund investors in recent years. This position was unequivocally validated in June when ExodusPoint Capital Management …
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Increased payment flexibility ‘boosts off-plan market’
With developers in Dubai increasing flexibility around payment plans for off-plan projects, the off-plan market added nearly 5,200 units in June, equating to AED13 billion ($3.54 billion) worth of new …
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UAE: Most parents use 40% of salaries to pay kids’ schooling fees, others take loans or dip into savings
Around 80 per cent parents in the UAE spend up to 40 per cent of their monthly income to pay tuition fees, while some of them take personal loans and dip into their savings, according to a new survey …
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Al Masaood Automobiles partners with Dubai Islamic Bank to offer attractive auto finance solutions
The aim of this partnership is to make it easier and convenient for Al Masaood Automobiles’ customers as they will now be able to manage their car purchase using payment plans that are customised to …
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UAE slaps administrative sanctions on exchange house and its owner
The new sanctions come as the UAE doubles down on its efforts to improve its financial system – which include implementing stricter policies for financial firms UAE slaps administrative sanctions on …
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Dubai is emerging as a favourite for the ultra-rich, and Ambani’s reported purchase cements this status
Dubai has been a red-hot property market, and its status has only gotten a boost as demand was spurred by geopolitical instability in Europe and mortgage buyers looking to get in ahead of …
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UAE stocks gain $1.1 billion, driven by real estate, banking blue chips
The gains were notable in the realty and banking sectors, and cash inflows by institutions and individuals alike UAE stocks gain $1.1 billion, driven by real estate, banking blue chips Abu Dhabi, …
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School operator Taaleem prepares for Dubai listing
Dubai school operator Taaleem Holdings has received shareholder approval to sell part of its share capital in an initial public offering and list its shares on the Dubai Financial Market.Shareholders …
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UAE: Firm fined Dh1.3 million for violating anti-money laundering laws
Wise did not establish and maintain adequate AML systems and controls to ensure full compliance with requirements …
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China’s Grid Giant sets up office in Dubai International Financial Centre
State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up in Dubai International Financial Centre (DIFC), …
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China’s Grid Giant sets up office in Dubai International Financial Centre
State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up in Dubai International Financial Centre (DIFC), …
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Watch CNBC’s full interview with the UAE’s assistant minister for economic and trade affairs
Assistant Minister for Economic and Trade Affairs Abdulnasser Alshaali speaks to CNBC’s Dan Murphy about ways to combat food insecurity in the MENA region.
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Dubai school operator Taleem Holdings to list IPO on DFM
Shareholders on Monday approved the conversion of Taaleem from a private joint stock company into a public entity through the IPO, and will also see a book-building process. Dubai school operator …
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Dubai school operator Taaleem to forge ahead with IPO
Taaleem revealed shareholders had voted in favour of conversion from private joint stock company Dubai school operator Taaleem will forge ahead with its IPO plans following shareholders’ approval for …
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UAE central bank launches digital portal amid effort to be ‘among top central banks globally’
Website visitors will be able to access various digital services, such as the purchase of commemorative coins, museum visit bookings, along with other interactive platforms UAE central bank launches …
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Dubai schools operator Taaleem is next up for an IPO and listing on DFM
In the ad, Taaleem confirms the transition into a ‘public joint stock company’ and the DFM listing. It informs creditors that they have the ‘right to object to the conversion process within a period …
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