The rise comes as global banks and businesses look to the emirate to expand into the emerging global financial hub |
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| Tuesday’s deals included 408 sales transactions worth AED893.55 million, 87 mortgage deals of AED2.16 billion and 16 gift deals amounting to AED26.98 million |
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| Tensions rose earlier this month as the coin value declined, however, it continues to decline amid economic unrest |
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| The funds were raised from investors including Bahrain-based asset manager Investcorp and Abu Dhabi wealth fund Mubadala Investment Co |
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| The Saudi state TV also aired a compilation of footages from specific Netflix shows that it deem to “threaten the healthy upbringing of children” |
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Legal measures will be taken if Netflix continues to broadcast “offensive content,” the GCC committee statement said |
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| Moon Dubai’s lunar surface, surrounded by a “lunar colony,” is designed to handle 2.5 million guests, annually |
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| The recent delegation saw the signing of three milestone MoUs on September 6, 2022 to explore and enable various business opportunities in the financial spectrum “that promote close and wide partnerships between both jurisdictions” |
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| The UAE’s first electric vehicles assembly facility will produce 10,000 units per year; it is set for completion in the last quarter of this year |
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| Being on the forefront of one of the world’s most popular sporting events, investors and first-time buyers are now more confident in investing in the market |
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| In 2018, the PIF signed the $11 billion loan, which was provided by some of the world’s biggest lenders including Goldman Sachs Group, HSBC Holdings, and JPMorgan |
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As the dirham hit a two-year low against the pound last month, and with Middle East investors pegged to the US dollar, their currency earnings are now going much further, with many believing now is the time to invest |
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