EconomyDubai’s business licences issued increase by 33% in H1International Finance DeskAugust 19, 2019March 18, 2020 by International Finance DeskAugust 19, 2019March 18, 2020 The number of licenses issued in the name of women increased by 12%... Read more
Real EstateRealty price swing: Dubai developers speed up projectsInternational Finance DeskAugust 16, 2019March 18, 2020 by International Finance DeskAugust 16, 2019March 18, 2020 A total of 20,978 residential units have been completed in the first half of 2019... Read more
AviationRunway closure: Dubai airport passenger traffic falls 5.6%International Finance DeskAugust 12, 2019March 18, 2020 by International Finance DeskAugust 12, 2019March 18, 2020 The southern runway of the airport had been closed for 45 days from April 16 to May 30... Read more
BankingUAE banks ‘can make profits of Dh40 bn in 2019’International Finance DeskAugust 12, 2019 by International Finance DeskAugust 12, 2019 11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion... Read more
Real EstateUAE real estate company Arada delivers 4000 units in 2 yearsPritam BordoloiAugust 5, 2019 by Pritam BordoloiAugust 5, 2019 The UAE real estate company’s alliance with Dubai Islamic Bank will provide home financing solutions to buyers... Read more
Asset ManagementDubai’s Introspect picks Northern Trust for brokerage solutionsInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 Northern Trust will support Introspect Capital’s investment team to focus directly on portfolio management and business development... Read more
FinanceNumber of companies in Dubai’s financial hub rises by 11% during H1International Finance DeskJuly 29, 2019December 23, 2019 by International Finance DeskJuly 29, 2019December 23, 2019 DIFC has welcomed 250 new companies this year, with the number of registered firms now reaching 2,289... Read more
Islamic BankingDubai’s Noor Bank net profits surge 29% to Dh410 mn in H1International Finance DeskJuly 25, 2019December 23, 2019 by International Finance DeskJuly 25, 2019December 23, 2019 Noor Bank’s rise in revenue is attributed to its income generated from net financing, investments and non-funded income... Read more
MarketsThe Dubai Financial Market profit in H1 drops 21% to Dh65.1 mnInternational Finance DeskJuly 22, 2019December 12, 2019 by International Finance DeskJuly 22, 2019December 12, 2019 Its expenses stood at Dh98.4 million compared to Dh99.6 million during the first half of last year... Read more
EnergyDubai’s OSC, Aramco to invest $450 mn in Saudi’s SPARKInternational Finance DeskJuly 12, 2019December 17, 2019 by International Finance DeskJuly 12, 2019December 17, 2019 The project is expected to contribute more than $6 billion to the Saudi Arabia’s GDP... Read more