Business
HRE Development Launches SkyHills 2 in Jumeirah Village Circle Commits to AED 10 billion Investment Over the Next 3 Years
September 19, 2024
HRE Development Launches SkyHills 2 in Jumeirah Village Circle Commits to AED 10 billion Investment Over the Next 3 Years
HRE Development, a prominent name in the UAE real estate market, has announced the launch of their latest project SkyHills…
225% FDI Surge Drives MERED’s Latest Abu Dhabi Expansion on Al Reem Island
September 18, 2024
225% FDI Surge Drives MERED’s Latest Abu Dhabi Expansion on Al Reem Island
MERED, the award-winning international premium real estate developer, recent surge says is strengthening its footprint across the UAE by acquiring…
ADGM DMT Sign MoU to Facilitate Transfer of Real Estate Services on Al Reem Island
September 18, 2024
ADGM DMT Sign MoU to Facilitate Transfer of Real Estate Services on Al Reem Island
Abu Dhabi Global Market (ADGM) and the Department of Municipalities and Transport (DMT) have signed a Memorandum of Understanding to…
Etihad Credit Insurance Signs Financing Deal to Support Trafigura’s Exports from UAE
September 18, 2024
Etihad Credit Insurance Signs Financing Deal to Support Trafigura’s Exports from UAE
Etihad Credit Insurance (ECI), the UAE Federal export credit company, in collaboration with Abu Dhabi Exports Office (ADEX), First Abu…
ADX Named Best Islamic Stock Exchange 2024
September 18, 2024
ADX Named Best Islamic Stock Exchange 2024
Abu Dhabi Securities Exchange (ADX) has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance…
PIF-Backed eWTP Arabia Capital Signals Renewed Commitment to Saudi Arabia and the MENA region with Rebrand
September 18, 2024
PIF-Backed eWTP Arabia Capital Signals Renewed Commitment to Saudi Arabia and the MENA region with Rebrand
Backed by the Public Investment Fund of Saudi Arabia (PIF), eWTP Arabia Capital, the first international private equity firm to establish…
Dubai Gold Prices Drop for Second Consecutive Day after Hitting Peak
September 18, 2024
Dubai Gold Prices Drop for Second Consecutive Day after Hitting Peak
The yellow metal has lost Dh2.5 since Monday Gold prices fell further at the opening of the markets in Dubai…
UAE: Loans, Mortgages Set to Get Cheaper as Interest Rates Likely Go Down
September 18, 2024
UAE: Loans, Mortgages Set to Get Cheaper as Interest Rates Likely Go Down
The widely expected rate cuts by the US Federal Reserve will be the first time in three years Borrowing costs…
Dubai Ranks First in Arab world Fifth Globally in International Shipping Centre Development Index
September 18, 2024
Dubai Ranks First in Arab world Fifth Globally in International Shipping Centre Development Index
Dubai continues to maintain its leadership in the global maritime sector, ranking among the top five globally in the 2024…
Bank Investments in Monetary Bills, Islamic CD hit AED226.9 billion by End of Q2-24: CBUAE
September 18, 2024
Bank Investments in Monetary Bills, Islamic CD hit AED226.9 billion by End of Q2-24: CBUAE
Bank investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second…