FeaturedHealthcareMubadala health buys 60% stake in UEMedicalsInternational Finance Business DeskJune 17, 2021 by International Finance Business DeskJune 17, 2021 The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market... Read more
FeaturedReal EstateEmirates REIT sells its flagship DIFC property worth $11 mnInternational Finance Business DeskJune 14, 2021 by International Finance Business DeskJune 14, 2021 The Dubai-based shell and core space are priced at $9120 per foot... Read more
FeaturedReal EstateAjar and Visa team to launch digital rent payment option in the Middle EastInternational Finance Business DeskJune 10, 2021 by International Finance Business DeskJune 10, 2021 Ajar, will provide tenants with an option to pay rent digitally, and eventually aims to become completely paperless... Read more
Business LeadersFeaturedDubai-based telco du appoints new chief executiveInternational Finance Business DeskJune 9, 2021June 9, 2021 by International Finance Business DeskJune 9, 2021June 9, 2021 The telco appointed Fahad Al Hassawi as its new chief executive officer... Read more
FeaturedReal EstateProperty sales surge by 250% during the first five months of 2021: EmaarInternational Finance Business DeskJune 7, 2021 by International Finance Business DeskJune 7, 2021 The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year... Read more
FeaturedTechnologySingapore’s IB Group to provide local cybersecurity from DubaiInternational Finance Business DeskJune 4, 2021 by International Finance Business DeskJune 4, 2021 The company plans to open a second regional office in Saudi Arabia... Read more
EnergyFeaturedDubai’s energy demands increase by 10% between January and May 2021: DEWAInternational Finance Business DeskJune 3, 2021 by International Finance Business DeskJune 3, 2021 The peak load in Dubai also increased 10 percent from 7,248 megawatts (MW) during the same time period... Read more
CurrencyFeaturedDubai Coin cryptocurrency not approved by any government entityInternational Finance Business DeskMay 28, 2021 by International Finance Business DeskMay 28, 2021 According to the government officials, the website is fraudulent and an elaborate phishing campaign... Read more
FeaturedFintechNew DIFC Innovation Hub to spur fintech growth in DubaiInternational Finance Business DeskMay 27, 2021May 28, 2021 by International Finance Business DeskMay 27, 2021May 28, 2021 Plans have already been approved to expand the size of the Innovation Hub four times and it will cover 315,000 sq ft... Read more
FeaturedReal EstateGlobal real estate transactions slumps 13% y-o-y in Q1 21Pritam BordoloiMay 21, 2021 by Pritam BordoloiMay 21, 2021 The sector recorded transactions worth $187 bn during the first three months of 2021... Read more