Dubai's landlords, tenants keep close watch for any Rental Index update
Landlords and their tenants alike are keeping close watch on the Dubai Rental Index to see whether it will soon…
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UAE accounting start-up Wafeq raises $3m as it aims to enter Egypt
Software-as-a-service start-up Wafeq has raised $3 million in a seed-funding round, as the UAE-based company aims to enter Egypt and…
MoIAT reduces government service fees to further ease doing business in UAE
The UAE has reduced and waived fees for certain government services as the country seeks to create an attractive business…
Real Estate Development Fund deposits $243m in Sakani accounts to further boost Saudi housing goals
Saudi Arabia’s Real Estate Development Fund deposited SR912 million ($243 million) in the accounts of Sakani beneficiaries in January 2023.…
Knight Frank and Berkadia form international alliance
Knight Frank, and Berkadia has announced their new alliance to develop and provide capital markets services to multi-market clients globally.…
The Sovereign Fund of Egypt and B Investments co-invest in Egypt’s healthcare sector with over EGP 2bln
The Sovereign Fund of Egypt through its healthcare and pharmaceutical industries Subfund and B Investments Holding S.A.E., BPE Partners’ flagship…
Emirates Investment Bank to seek shareholder approval to raise capital base to Dh1b
Emirates Investment Bank will be issuing a Dh650 million rights issue to push its issued capital to Dh1 billion from…
Lazard appoints Al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim Al-Khatib as chief executive officer of the bank's investment banking…
Saudi central bank licenses 2 debt-based crowdfunding fintechs
The Saudi Central Bank has licensed Forusand and Tameed, the two finance companies specialised in debt-based crowdfunding, state-owned SPA news…
UAE’s Emirates completes engine ground testing with 100% sustainable aviation fuel
Dubai-based Emirates Airline has successfully completed the ground engine testing for one of its GE90 engines on a Boeing 777-300ER…
Dubai Chamber of Commerce launches 4 new business groups
Dubai Chamber of Commerce has announced new business groups for four economic sectors: agribusiness, furniture and home furnishing, flower traders,…
SIB launch new headquarters of its branch in Al Dhaid Mall
Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters…