DUBAI, A total of 1,623 real estate and properties transactions were valued at AED6 billion in total during the week ending 3 June 2021, according to Dubai Land Department (DLD).The DLD weekly report said 164 plots were sold for AED 819.02 million, 1,0…

ABU DHABI, The net investments of non-Arab investors in UAE financial markets significantly jumped to AED3.255 bn during the first five months of 2021, statistics revealed by the Abu Dhabi and Dubai bourses show.The growth is reflective of the steady c…

SHARJAH, The Sharjah Economic Development Department (SEDD) announced that, starting June 2021, it would be implementing the full foreign ownership policy, allowing investors of natural and legal persons to own 100 percent of commercial and industrial …

ABU DHABI, The UAE-based banks hiked by AED54.8 bn their investments in held-to-maturity securities, debt securities, equities and other vehicles during the first four months of 2021, statistics by the Central Bank of UAE have showed.This increased to …

VIENNA, The price of OPEC basket of thirteen crudes stood at $68.53 a barrel on Monday, 31st May, compared with $68.20 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following…

ABU DHABI, Liquid assets held by UAE-based banks increased 2.6 percent to AED486.58 billion in Q1’21 from AED474.136 bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial Soundness Indicators report, released Monday.Th…

VIENNA, Austria, The price of OPEC basket of thirteen crudes stood at $68.20 a barrel on Friday, compared with $67.32 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Sa…

ABU DHABI, Emirates Stallion Group, a diversified investment, engineering, and construction services business owned by International Holding Company (IHC), has listed on the Abu Dhabi Securities Exchange’s second market, making its trading debut today …