Dubai Financial Market reported revenues of more than $172m last year
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Dubai
Dubai’s job growth at record high: Report
According to S&P Global the UAE’s Purchasing Managers’ Index hit 55.5 in March
Abu Dhabi
UAE announces petrol and diesel prices for January 2023
Motorists across the Emirates will pay less at the pump
Armani Branded Residences
Dubai positioned as major global hub for branded residences, transactions over $4.4bn: Report
The city houses 58 branded residences with over 3,300 transactions in the first quarter of 2022
Bollywood
Shah Rukh Khan paid $4m for Burjeel Hospitals promo
Bollywood icon appointed as brand ambassador
Abu Dhabi
ADGM signs pact with emirate’s residence office to promote golden visa programme
The agreement also envisages ADGM providing ADRO access to a comprehensive list of global companies so that it can provide exclusive benefits for the Abu Dhabi Golden Visa holders, such as investors and entrepreneurs
Bal Krishen
UAE’s oldest investment services firm acquires new Category 1 license
Century Financial, which has a long history in UAE-based investments, has strengthened its three decades of market presence by acquiring the new Category 1 SCA license
Abu Dhabi
Dubai, Abu Dhabi markets gain $5.9 billion in first week of Ramadan amid positive economic outlook
The Abu Dhabi Securities Exchange broke the 10,000 points barrier for the first time amidst increased demand for IHC’s Apex National Investment, which drew $2.74 billion in transactions
Crown Prince of Dubai
World Government Summit brings Dubai Ruler’s vision of proactive solutions for a better future to life
The World Government Summit 2022 is set to host more than 4,000 senior government officials, experts, and leaders of the private sector from 190 countries
Abu Dhabi Securities Exchange
How Abu Dhabi’s bourse aims to attract more international investors
Abu Dhabi Securities Exchange adopts FTSE Russell’s Industry Classification Benchmark for all its listed equities
DEWA
Mashreq launches digital initiative to support Dubai’s IPO push
Dubai banking major says retail customers can now subscribe to upcoming IPOs through online banking platform and app
DFM
How Dubai’s largest bank plans to add momentum to emirate’s IPO push
Emirates NBD announces the launch of a new IPO platform to support investors
Dubai Financial Market
Emaar Properties plans to raise stake in development unit
Additional 3% stake valued at about $144m based on Emaar Development’s closing share price on Friday
Abu Dhabi Securities Exchange
Record IPO proceeds generated as Gulf bourses rally after pandemic
New research shows 21 IPOs in MENA region raising proceeds of $7.9bn in 2021
Dubai Financial Market
Dubai’s Tecom Group said to hold investor meetings to plan IPO
Tecom hosts 10 large business complexes including Dubai Internet City and Dubai Media City and is part of Dubai Holding
anti-financial crime
UAE has made positive strides in anti-money laundering, anti-financial crime: global watchdog
The UAE government has set up courts focused on financial crimes, established an entity that ensures better collaboration between the central bank and other authorities, and has announced a 9% corporate tax starting in 2023.
Commodities
Dubai’s DGCX sees $13.7bn trades in February as Ukraine crisis drives volatility
Dubai Gold & Commodities Exchange CEO says investors are continuing to grapple with inflation, oil prices and geo-political developments