His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Directors of the Roads and Transport Authority, confirmed that the statistics and achievements of the digital channels in the authority witnessed a significant growth in 2022, compared to 2021, whether in the number of transactions and users …
Read More »Two Turkish officials go to Qatar to discuss economic cooperation before Erdogan’s visit
Ankara announced that the vice president and finance minister will travel to Qatar on Saturday to discuss “opportunities for economic cooperation” with the leaders there, ahead of President Recep Tayyip Erdogan’s planned visit to the Persian Gulf region from July 17 to 19. The government said: Vice President Cevdet Yilmaz …
Read More »“Real estate” and “banks” lead stock gains in the first weeks of July, 287 million dirhams, the proceeds of foreign purchases
The UAE stock market indices closed higher during the sessions of the past week (the first weeks of July), supported by the buying appetite led by foreign investors on stocks in the real estate and banking sectors mainly, in addition to stocks with lower weights in the indices. Image The …
Read More »The Swiss “Fortimo” strengthens its presence in Dubai
The real estate development company “Fortimo” is preparing to expand its presence in Dubai, and it is a prominent Swiss company in the field of building, owning and operating distinguished properties in the field of hospitality and housing. Fortimo’s first foray into the competitive real estate market in Dubai was …
Read More »It rose by 2.1% during the Dubai market week, continuing its strong rise
The Dubai Financial Market recorded a strong performance during last week’s trading, as its index jumped 2.1%, up 84 points, to reach 3962 points, compared to 3878.5 points at the close of trading sessions last Monday. The market movement was based on the activity of some stocks that moved the …
Read More »5.7% growth in Ajman’s GDP in 2022
Ajman: The Ajman Statistics Center announced that “the gross domestic product of the Emirate of Ajman grew by 5.7% for the year 2022, compared to 2021; This is according to the results of the annual GDP report prepared by the Center, which reflects the rapid and steady development and growth …
Read More »The Dubai market penetrates the level of 3910 points for the first time in 8 years.
The Dubai Financial Market continued its brilliance, up 1.33%, with the trading session nearing the middle of today, Tuesday, at the level of 3930 points, which is the highest level since August 2015, amid a liquidity of 539.1 million dirhams. The highest in the middle of the session Paradise 14.904% …
Read More »The Ministry of Finance launches the annual report 2022 “Achievements that shape the future of financial leadership”
– Results and achievements that establish its leading position globally in the field of government financial work. Muhammad Al-Husseini: The Ministry of Finance, since the establishment of the federation, has sought to be a leading model and global reference for best practices in government financial work. – The Ministry of …
Read More »Dubai’s economy is closer to the future, every day reaping records in various sectors
Dubai’s economy achieved record performance by all standards during the first half of 2023, and every day the emirate proves that it is able to compete with itself and outperform the day before, and this has been translated into real estate, stocks, licenses, business establishment and attracting visitors. During the …
Read More »With the testimony of international banks and institutions, the UAE economy is heading towards further growth and recovery during the second half
Abu Dhabi, July 2: The economy of the United Arab Emirates is poised for further growth, recovery and prosperity during the second half of this year, supported by a rich record of economic achievements, despite the geopolitical repercussions the global economy is currently experiencing. The expected growth of the national …
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