2019: Residential real estate market fall 8.8% in Dubai
Rental yield remains unchanged at 6.4 percent...
Tag : Dubai
Dubai’s Limitless seeks legal and financial advisory for restructuring plan
The firm’s discussion with legal and financial advisors are in the final stages to work on the plan...
10 banks commit $9 bn in loans as a part of DP World debt deal
The group of 10 banks includes Credit Agricole, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, and Standard Chartered...
DP World sees surge in demand as factories resume operations in China
Dubai-based global port operator DP World has witnessed a surge in demand as factories in China resumed operations, which were earlier shut down due to the coronavirus outbreak, the media reported. DP World claims it is too early to predict the damages done by the coronavirus outbreak, however, they expect to have a clearer picture...
Dubai beats New York with highest number of branded residence projects
Currently, the emirate has 44 branded residence projects including those completed and in the pipeline...
Dubai’s logistics startup iMile secures $10 mn funding to expand in ME
The round was led by an unnamed venture capital firm active in the Chinese logistics market...
GFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansion
The listing will give GFH a competitive advantage as it forays into the international debt capital markets...
Dubai to establish tax-free Crypto Valley to enhance business landscape
The DMCC Crypto Valley is in line with the UAE Blockchain Strategy 2021...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...