Finance & Business

Real estate transactions in the Dubai Land Department amounted to more than 1.7 billion dirhams, as the department witnessed, on Thursday, the registration of 487 pledges of allegiance, at a value of 1.33 billion dirhams, including 26 pledges of allegiance to lands, at a value of 160.65 million dirhams, and …

The UAE ranked among the 23 richest countries in the world among the 190 countries included in the “Visual Capitalist” classification, according to IMF data, as measured by per capita GDP. The data showed that the per capita share of the UAE’s GDP for the year 2023 is estimated at …

The European Council officially adopts the target of reducing gas demand by 15%. BRUSSELS On March 30, the European Council in Brussels adopted a regulation extending member states’ voluntary target to cut gas demand by 15% for one year. The regulation maintains the possibility for the Council to trigger a …

Abu Dhabi, March 29: Local stock markets consolidated their market gains for the second consecutive session at the end of today’s session, and their market capitalization gained nearly 8.4 billion dirhams, with the Dubai market reaching its highest level in 3 weeks. The market capital of listed shares rose from …

The Dubai Financial Market announced the launch of the “Omnibus Accounts” service, which opens the door for qualified dealers to access the investment opportunities available in the market for the benefit of more than one beneficial owner, by opening a unified account for holding and trading securities on behalf of …

Abu Dhabi, March 28 / The local stock markets consolidated their gains at the end of today’s session, and their market capitalization gained more than 24.2 billion dirhams, with the Dubai market achieving the largest daily gains in 6 months. The market capital of listed shares rose from 3.261 trillion …

The insurance sector in the UAE continued; Recording record growth during the past year 2022, which is evident in the increase in the number of insurance policies in line with the increase in total insurance premiums written. According to the data of the “Central Bank of the Emirates”; Total insurance …

Abu Dhabi, March 27/ The Central Bank of the Emirates maintained its forecast for the growth of the country’s total real GDP at 3.9% in 2023, rising to 4.3% in the next year 2024. The Central Bank said, in its quarterly review report for the fourth quarter of last year …

Abu Dhabi, on March 27, the share of “Presite” – Ai Holding plc -, a subsidiary of the “G42” group, consolidated its gains, and its market capitalization amounted to more than 16.4 billion dirhams on the first day of listing and trading on the Abu Dhabi Stock Exchange. And according …

Since the crisis of the collapse of American banks, the fever has begun to move to European and other banks, with their shares incurring significant losses since the beginning of March, amid great fears that this crisis will be similar to the global crisis in 2008. And in the list …