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UAE Business News

Japanese investors were big buyers of foreign equities in July

Japanese investors were big buyers of foreign equities in July

According to data from Japan’s Ministry of Finance, Japanese investors accumulated a net 1.85 trillion yen worth of overseas equities in July   Japanese investors purchased heavily in foreign equities in July, as global stocks rebounded last month on the

admin August 8, 2022August 8, 2022 UAE Business News No Comments Read more

Dubai records $272mln in real estate transactions on Wednesday

Dubai records $272mln in real estate transactions on Wednesday

The sales included 282 villas and apartments worth $177.43mln, and 22 land plots worth $23.07mln DUBAI –  Dubai real estate market recorded 304 sales transactions worth AED735.85 million, in addition to 77 mortgage deals of AED263.54 million, and 12 gift deals

admin July 15, 2022July 15, 2022 UAE Business News No Comments Read more

Villas by the sea: Rich Russians fleeing sanctions are pumping up Dubai’s property sector

Villas by the sea

The swimming pool of a luxury villa for sale on Dubai’s Palm Jumeirah Indeed, Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May,

admin July 13, 2022July 13, 2022 UAE Business News No Comments Read more

UAE’s Mubadala helps Sweden’s Klarna raise $800mln as valuation plunges 85%

UAE's Mubadala helps Sweden's Klarna raise $800mln as valuation plunges 85%

Announcing the $800 million financing in a series of tweets, Sebastian Siemiatkowski, CEO of Klarna said: “We are not immune to public peers being down 75-90% and hence our valuation is down on par.” Sweden-based global payments and shopping services

admin July 13, 2022July 13, 2022 UAE Business News No Comments Read more

Dubai surpasses world’s top financial hubs in attracting FDI projects

Dubai surpasses world's top financial hubs in attracting FDI projects

High-rise Buildings along Sheikh Zayed Road at sunriseGetty Images Dubai outranked some of the world’s major financial hubs in promoting foreign direct investments (FDI) last year and attracted 5.2 billion dirhams ($1.4 billion) in projects between 2017 and 2021. The

admin July 13, 2022July 13, 2022 UAE Business News No Comments Read more

Dubai property market hits new highs as Chinese investors return

Dubai property market hits new highs as Chinese investors return

The UAE bucks the global downturn as high-end homes sales spike. Chinese investors are heading back to Dubai as one of the world’s most exclusive markets continues to heal since the pandemic outbreak. Dubai’s residential market ended 2021 on a

admin July 11, 2022July 11, 2022 UAE Business News No Comments Read more

HOW TO GET FUNDING FOR YOUR BUSINESS IN UAE

HOW TO GET FUNDING FOR YOUR BUSINESS IN UAE

So you’ve had a dream of having your own business in the UAE? For sure, “dreams are valid.” However, a dream will remain just a good idea unless you execute it.   You need funding, capital, or investment to take off,

admin July 7, 2022July 7, 2022 UAE Business News No Comments Read more

Saturday-Sunday Weekend: Markets Mixed After Weekend Switch In UAE

Markets mixed after weekend switch to Saturday-Sunday in UAE

Saturday-Sunday Weekend: United Arab Emirates (UAE) stock markets had experienced mixed fortunes as they shifted to a new Monday to Friday working week to better align with global markets best practices. The United Arab Emirates, UAE announced last month it

admin January 9, 2022January 9, 2022 UAE Business News No Comments Read more

UK-UAE Tourism And Business Travel To Take Short-Term Hit On New Covid Restrictions

Covid-19 recovery

Just as the at whole World was excited that the menace of Covid-19 was phasing out and Covid-19 recovery was underway globally, with some markets making stronger comebacks than others, then the new omicron variant has once again challenged progress.

admin January 7, 2022January 7, 2022 UAE Business News No Comments Read more

ENOC: Dubai’s Emirate National Oil Company To Supply Over 1m Liters Of Fuel To Expo 2020 Fleet

ENOC to supply 1m liters of fuel

DUBAI rta ENOC: the mobile fuel delivery service of the Emirates National Oil Company (ENOC) has signed a deal with Expo 2020 Dubai to supply its fleet with more than a million liters of fuel. The Expo 2020 fleet will

admin June 21, 2021January 8, 2022 UAE Business News No Comments Read more
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