Browsing: Dubai

RIYADH: Real estate transactions in four of the UAE’s emirates surged in 2023 as they recorded a combined 22.6 percent annual increase in value – totaling 765.1 billion dirhams ($208.34 billion).

RIYADH: Abu Dhabi sovereign wealth fund Mubadala Investment Co. has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed.

The meeting provided a valuable platform to explore ways to enhance the private sector’s contribution to efforts to improve Dubai’s dynamic business environment

Nasdaq Inc.’s biggest shareholder, Borse Dubai, is selling roughly one third of its stake — or 27 million shares — in the exchange operator at $59 each, which would raise as much as $1.6 billion.

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. (13) of 2024 on the Unified Digital Platform for establishing companies in Dubai. The Decree forms part of Dubai’s efforts to enhance its business environment and advance economic growth.

The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience.

The Crown Prince of Dubai expressed his gratitude to citizens, residents and institutions for their inspiring initiatives in the field of endowments

Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), and Alexi Fonseka Gunasekera, Consul-General-designate of the Democratic Socialist Republic of Sri Lanka to Dubai and the Northern Emirates, have discussed strengthening economic cooperation and fostering investment partnerships between business communities of the two nations.

The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business.

The value of exports and re-exports of Dubai Chamber of Commerce members reached a combined total of $77.46bln  in 2023