Business & Money | Monday 15 July, 2019 12:50 pm

Dubai launches e-statistics system for better data to clients and decision makers

Dubai Customs launched its new e-statistics system which has been developed in-house to keep abreast with the technological advancements in the UAE towards embracing the Fourth Industrial Revolution (4IR), in line with the directives and vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, ...

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Business & Money | Monday 15 July, 2019 12:23 pm

Prices soften in Sharjah and Ajman but average ROI remains healthy says Bayut’s latest market report

 Following the overall trends seen in Dubai and Abu Dhabi, prices softened for properties in Sharjah and Ajman for both sales and rentals. Investors will be happy to know that along with increased levels of affordability, average ROI is healthy in both the family-friendly emirates as per...

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Business & Money | Monday 15 July, 2019 12:23 pm

Eagle Proprietary Investments Limited announces its successful exit from its debt investment in The Cobble Hill House in New York

Eagle Proprietary Investments Limited (“Eagle”) announces its successful exit from its debt investment in The Cobble Hill House (“the Project”), an upscale residential condominium development in Brooklyn, New York valued at over $75 million. The Cobble Hill House is a...

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Business & Money | Monday 15 July, 2019 11:27 am

Rent-to-own: an alternative way to finance your own home in the UAE

The UAE property market has been coined a ‘buyers-market’ over the past 18-months, however, buyers are spoilt for choice. According to fäm Properties, in 2019, apart from the overdue projects, there are around 59,976 properties scheduled for delivery, and new projects constantly...

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Business & Money | Monday 15 July, 2019 10:15 am

While emerging market debt has always been a diverse asset class, it continues to expand its boundaries.

Alongside solid investment grade companies, which can be benchmarked against the best de- veloped market peers, there are also less established – but equally as impressive – smaller companies. Some of these are from newer geographies or making their bond market debut. Together, these...

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Business & Money | Monday 15 July, 2019 9:39 am

Ministry of Labor increases the efficiency of managing its projects and public facilities by cooperating with Mashroat

The Ministry of Labor “MOL” and the National Program to Support the Management of Projects in Public Entities “Mashroat” have signed a Memorandum of Understanding (MoU) to appoint Mashroat as the enabling arm to support infrastructure projects. Mashroat will provide...

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Business & Money | Sunday 14 July, 2019 11:17 pm

KAFD launches new investment fund

The Oasis 500, the entrepreneurial arm of the King Abdullah II Fund For Development (KAFD), announced the launching of the Second Oasis Fund with the support and funding from the KAFD, the Jordan Fund for Entrepreneurship and the Arab Bank. The fund aims to create a social and economic impact by ...

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Business & Money | Sunday 14 July, 2019 1:19 pm

Abu Dhabi Department of Economic Development reveals details of new ‘Tech Licenses’ initiative

The Abu Dhabi Department of Economic Development (ADDED) expressed confidence in the newly launched ‘Tech Licenses Package’ initiative, which demonstrates the department’s leading strategic vision to be at pace with the latest technologies and developments to help drive in...

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Business & Money | Sunday 14 July, 2019 1:13 pm

UAE Delegation Discusses Deeper Cooperation, Connectivity at Annual Meeting of Asian Infrastructure Investment Bank Governors

A UAE delegation attended the fourth annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is mandated to represent the UAE at the Bank’s meetings and...

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Business & Money | Sunday 14 July, 2019 11:28 am

Zaki Nusseibeh opens the exhibition of UAE-Norwegian relations

HE Zaki Nusseibeh, Minister of State and HE Jens Eikaas the Norwegian Ambassador to the UAE attended the opening of the exhibition Norway-UAE: +40 Years of Culture in the Ministry of Foreign Affairs and International Cooperation. This exhibition was previously on display at MESH – The Nordic...

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