Ports and ShippingAbu Dhabi Ports launches housing project for China-UAE alliancePritam BordoloiOctober 2, 2019 by Pritam BordoloiOctober 2, 2019 The project at Kizad will accommodate employees working at a China-UAE commercial partnership... Read more
Real EstateEmaar’s $500 mn sukuk is listed on Nasdaq DubaiPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 The capital raised will help Emaar’s regional and international expansion plans... Read more
Logistics and CargoDHL announces price hike in UAE, to be effective from 2020Pritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 With the price adjustment, DHL expects to invest in infrastructure and technology... Read more
Real EstateValue of Dubai’s residential properties drops by 2.6% in Q3Pritam BordoloiSeptember 24, 2019December 2, 2019 by Pritam BordoloiSeptember 24, 2019December 2, 2019 The annual drop in capital value is around 11.2%... Read more
MagazineReal EstateSeptember-October 2019 IssueTech-enabled environments to drive Dubai luxury real estateBharath KumarSeptember 24, 2019December 6, 2019 by Bharath KumarSeptember 24, 2019December 6, 2019 Chinese investors are a new rising segment of luxury real estate buyers in Dubai... Read more
MagazineSeptember-October 2019 IssueTechnologyUAE leads AI-led digital transformation in the Middle EastBharath KumarSeptember 24, 2019December 6, 2019 by Bharath KumarSeptember 24, 2019December 6, 2019 AI is expected to contribute 14 percent of UAE’s 2030 GDP... 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
BankingUAE’s ADCB sells Indian portfolio to focus on home marketInternational Finance DeskSeptember 11, 2019December 16, 2019 by International Finance DeskSeptember 11, 2019December 16, 2019 The portfolio which includes Dh355 mn in assets and Dh601 mn in liabilities will be acquired by DCB Bank... 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
FintechEgypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansionInternational Finance DeskSeptember 9, 2019December 17, 2019 by International Finance DeskSeptember 9, 2019December 17, 2019 Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries... Read more