Ports and ShippingDP World to bid for Singapore offshore support vessel firmPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore... Read more
Real EstateDh106 bn property deals done in Dubai in the first five months of 2019Pritam BordoloiSeptember 18, 2019November 4, 2019 by Pritam BordoloiSeptember 18, 2019November 4, 2019 48 new projects were launched during this period which will add around 8000 residential units to the market... Read more
BankingEmirates NBD’s Network stake sale to boost profitsInternational Finance DeskSeptember 12, 2019November 4, 2019 by International Finance DeskSeptember 12, 2019November 4, 2019 The bank will sell an additional 10.5 percent stake in Network International... Read more
EnergyDewa investing Dh86 bn to meet Dubai clean energy targetInternational Finance DeskSeptember 11, 2019December 17, 2019 by International Finance DeskSeptember 11, 2019December 17, 2019 Investment to spread over the next five years and is part of the move to generate more than 75% of power from clean sources... Read more
Real EstateDubai’s housing prices likely to fall for another year: ExpertsInternational Finance DeskSeptember 6, 2019December 23, 2019 by International Finance DeskSeptember 6, 2019December 23, 2019 A slowing economy and oversupply in the market are some the major reasons for the price fall... Read more
Real EstateEmaar Properties to issue Islamic bonds; hires Standard CharteredInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 The bond issuance is a part of the company’s $2 bn debt raising programme... Read more
FintechDubai named the seventh best fintech location globallyInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The ranking cements Dubai’s position as a leading fintech capital across the globe... Read more
EconomyInvestment agency CEO expects FDI in Dubai to exceed $10.4 bnInternational Finance DeskAugust 27, 2019December 12, 2019 by International Finance DeskAugust 27, 2019December 12, 2019 Dubai recorded a 54 percent growth in FDI in the first quarter of 2019... Read more
Ports and ShippingAcquisitions boost DP World’s H1 revenue to $3.4 billionInternational Finance DeskAugust 24, 2019December 23, 2019 by International Finance DeskAugust 24, 2019December 23, 2019 The firm reported a 27 percent increase in profit for the first half of 2019... Read more
FinanceAbu Dhabi Securities Exchange rebound after stock buyInternational Finance DeskAugust 21, 2019March 18, 2020 by International Finance DeskAugust 21, 2019March 18, 2020 The buying trend dominated the transactions of investors and foreign portfolios... Read more