Aldar allows foreigners to own 49% of its shares

ABU DHABI 16 April 2018: Aldar Properties announced its Foreign Ownership Limit (FOL) has been increased to 49%, from 40%, following completion of all regulatory formalities and will be implemented for trading effective yesterday. This […]

Savings Doctor: How to teach your kids to save

DUBAI 8 April 2018: In an effort to turn the UAE into a nation of savers, leading investment company National Bonds is encouraging UAE residents to confront saving challenges head-on. The firm is calling on members […]

Mena M&A deal value drops 57.6% in 2017

DUBAI 8 April 2018: In 2017 M&A deal value in the Mena  declined by 57.4 per cent, despite deal count maintaining a level that was consistent with the previous year, according to Mergermarket. Full year […]

Dubai consumers have become highly ‘savvy’

DUBAI 27 March 2018: Consumer consciousness as well as ability to gauge a product or service for its real value has been improving steadily, shows the latest ‘Consumer Empowerment Index’ of the Department of Economic […]

How much in foreign assets does UAE CB have?

ABU DHABI 25 March 2018: The UAE Central Bank’s total foreign assets surged to an equivalent of Dh339.81 billion during February, a growth of 4.2 per cent from Dh326 billion in January. According to statistics […]

Dubai Metro Route 2020 gets US$2.45bn injection

DUBAI 22 March 2018: The Government of Dubai’s Department of Finance (DoF) yesterday announced the successful completion of a 17-year financing of Dh9 billion, to complete the construction of Dubai Metro’s Route 2020 extension project. […]

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