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Emaar Net Profit Up 15% in H1, 2023

Emaar's property sales backlog reaches AED 62.8 billion (US$ 17.1 billion), set to boost future revenue. Recurring revenue records growth of 11% in H1 2023,...
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Majid Al Futtaim Sets A New Standard in Sustainable Financing with...

Continuing its regional leadership in responsible financing, Majid Al Futtaim issues new Green Sukuk. Majid Al Futtaim has raised $500 million to refinance part of...
Younger family members are increasingly taking a bigger role in driving the investment strategy of family offices, new global research from Ocorian

Family Office Study: Next Gen Taking a Bigger Role in Investment...

Younger family members want a bigger focus on ESG and the long-term future of the office, research shows. But private markets and digital assets are...
Ministry Of Economy & The Licensing Authorities Begin Issuance Of Written Warnings To Establishments Violating UBO Procedures

Wealthiest Billionaires Have Seen Their Wealth Increase By $1.1 Billion This...

Average wealth of the top 500 wealthiest billionaires is now more than $15 billion as wealth of UHNW individuals surges worldwide, Communications Specialist Ltd...
New fintech firm, BKN 301, entering the MENA market is set to boost the overall economy in the region.

MENA Region Opens New Opportunities for Fintech Companies

Middle East and Africa is projected to experience a significant growth in the coming years to reach USD 3.45 billion by 2026. New fintech firm...
Emirates NBD has announced the launch of Emirates NBD Digital Asset Lab to enable and accelerate digital asset and financial services innovation.

Emirates NBD Launches Digital Asset Lab

Founding council members include PwC and Fireblocks. The Lab aims to establish a robust platform with industry experts enabling co-creation and experimentation to drive innovation...
The 12th edition of the Annual Investment Meeting 2023 came to a grand close, with insightful discussions, engaging exhibitions, and fruitful networking sessions.

12th Annual Investment Meeting Closed on a Positive Note

AIM attracted 10,313 visitors from 175 countries, who engaged in 281 sessions featuring 693 speakers. The 12th edition of the Annual Investment Meeting 2023, held...
Data acquired by Finbold indicates that the world's leading 10 gold mining companies cumulatively produced 902.66 tons of the precious metal in 2022.

10 Major Mining Companies Produced Over 900 Tons of Gold in...

As global economic uncertainty continues to rise, the demand for gold as a safe haven investment and commodity has also increased, driving up its...

No Let-Up in Investments Following the 9% Corporate Tax Introduction

Fincasa Capital, the global financial services & Tax advisory firm, expressed its support to the UAE’s new law imposing a 9% corporate tax on...
Steady growth and ambitious development plans in the next 50 years, Al Tamimi Investments, one of Dubai’s leading venture capital firms, projected recently.

UAE’s Strong Economy to Pull in More Foreign Investments in Coming...

Country’s efforts to diversify economy yielding significant dividends. Robust investment flows to the UAE are expected in the coming years on the back of the...
Standard Chartered’s Wealth Expectancy Report 2022 examines the shifts in investor decisions for more than 15,000 high net worth investors.

27% Of Investors in UAE Are Changing Investment Strategies to Combat...

29% of investors are spending less and another 34% investing more to combat inflation. Cash will take a backseat among UAE Investors, falling to 8.6%...
Cityscape, Dubai’s largest property finding event, runs at the Dubai World Trade Centre from November 21-23, with 60% of the exhibitor profile from outside the UAE.

Cityscape Dubai Becomes FDI Source Market With 60% International Participation

Off plan discounts look to lure inward investment Sustainability in the spotlight in first post COP 27 real estate event Cityscape, Dubai’s largest property finding event,...
Cryptocurrencies are volatile and poorly understood in mainstream markets. Yet there is doubt that cryptocurrency will have a central role in future business.

A New Breed of Finance Leader is Embracing Cryptocurrency

Cryptocurrencies are notoriously volatile and poorly understood in mainstream markets. Yet there is little doubt that digital money and the blockchain will have a...
According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will account for 53% of the entire e-commerce transactional volume by 2025.

53% Of Online Shopping To Be Done By Digital Wallets By...

Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...
Standard Chartered announced today the launch of its Sustainable Banking Report 2022 titled ‘Mobilising retail investor capital’.

Retail Investor Capital Presents AED 367 Billion Growth Opportunity For Sustainable...

Retail investors could be the key to unlocking finance for Environmental, Social and Governance (ESG) priorities if barriers are addressed Investors in the UAE have...
Venom Foundation has been registered as the first crypto foundation in the ADGM, with a license to operate a blockchain and issue utility tokens.

UAE’s Licensed 1st Crypto Foundation to Build an Infinitely Scalable Blockchain...

The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects. Venom Foundation has been...

Emirates NBD Launches Mega Foreign Exchange Customer Promotion

Cash prizes of AED 1 million each for two lucky winners, and 100 daily and 100 monthly winners Every foreign exchange transaction will give customers...

Investors To Adopt a ‘Defensive Growth Tilt’

High inflation and rapid monetary policy tightening have created increasing headwinds for the global economy. Economic momentum has slowed sharply, uncertainty about the economic...