FeaturedWealth ManagementUBS to expand coverage in Oman and Kuwait with new wealth desk in DubaiIFM CorrespondentOctober 22, 2021 by IFM CorrespondentOctober 22, 2021 The new wealth desk will be headed by former Credit Suisse banker Georges El Khoury... Read more
FeaturedReal EstateForeign investors activities in Dubai real estate market increasesIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 This is attributed to various visa reforms introduced by the government... Read more
FeaturedPorts and ShippingDP World, CDC Group pledge $1.7 bn to develop ports in AfricaIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 DP World will invest around $1 bn in Dakar in Senegal, Ain Sokhna in Egypt, and Berbera... Read more
FeaturedReal EstateDubai records 283 sales transactions worth Dh580.54 mn in a single dayInternational Finance Business DeskAugust 19, 2021 by International Finance Business DeskAugust 19, 2021 The massive sale consisted of 194 units, 31 buildings, and 58 land plots and the mortgages included 20 units, 5 buildings and 23 land plots... Read more
IndustryMagazineReal EstateWhat’s driving Dubai’s real estate recovery?International Finance Business DeskJuly 30, 2021August 2, 2021 by International Finance Business DeskJuly 30, 2021August 2, 2021 Dubai’s real estate market has already picked up and sales are on a high at the moment leading to an increase in transactions in the coming months... Read more
FeaturedReal EstateDubai housing prices are at an all-time high since 2014International Finance Business DeskJuly 28, 2021 by International Finance Business DeskJuly 28, 2021 Knight Frank mentioned that the average price remains below 26.3% from the previous high despite the recent rebound... Read more
FeaturedPorts and ShippingDP World to develop container shipping across the ArcticInternational Finance Business DeskJuly 27, 2021 by International Finance Business DeskJuly 27, 2021 DP World has signed an agreement with Russia-based Rosatom... Read more
FeaturedLogisticsDP World to expand in Africa with Imperial Logistics acquisitionInternational Finance Business DeskJuly 20, 2021 by International Finance Business DeskJuly 20, 2021 DP World to acquire Imperial Logistics for $890 mn... Read more
FeaturedLogisticsDP World plans to acquire Imperial Logistics for $890 mnInternational Finance Business DeskJuly 9, 2021 by International Finance Business DeskJuly 9, 2021 This deal would land DP World greater visibility in South Africa and in the neighbouring markets... Read more
FeaturedIslamic FinanceIndonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic developmentInternational Finance Business DeskJune 18, 2021 by International Finance Business DeskJune 18, 2021 The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn... Read more