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Emaar Properties records strong half-year sales of AED 9.443bn

Emaar Properties reported one of the highest half-year sales in Dubai at AED 9.443 billion during the first six months of 2019. This is...
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Dubai’s Real Estate Slump Catches Up With the City’s Finance Hub

(Bloomberg) -- Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and...
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Stocks Hit Record at Close as Treasuries Retreat: Markets Wrap

(Bloomberg) -- U.S. equities rallied late to close at a record high, while Treasuries retreated after the latest American inflation reading came in hotter than anticipated. The...
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Second Merger Wave May Hit UAE Lenders

(Bloomberg) -- Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability and tackle...
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Dubai Free Zone to Refund $354 Million in Fees to Spur...

(Bloomberg) -- Dubai’s main port and biggest free zone authority plans to return 1.3 billion dirhams ($354 million) in cash and bank guarantees to...
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Dubai Stocks Shift From World’s Worst to Best in 24 Hours

(Bloomberg) -- Investors in Dubai’s equities might be feeling whiplash after the main index went from the day’s worst performer worldwide to the biggest...
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Dubai Counting on Retail, Tourism to Break Out of Economic Funk

(Bloomberg) -- Dubai is looking to retail and tourism to break free of its weakest economic expansion in almost a decade.Growth in the city’s gross...
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Nobody Knows How Dubai’s Economy’s Been Doing Lately

In Dubai, the focus is often too much on the economy of tomorrow rather than that of the recent past.Even as it constructs the...
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Fabulous February for Emaar Properties Triggers Sentiment Test

A rally in Emaar Properties PJSC, Dubai’s biggest listed real-estate developer, has pushed the stock beyond a key level for the first time since...
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Dubai Finance Hub Plans Canary Wharf-Sized Expansion

Dubai plans to triple the size of its financial district, adding an area almost the size of London’s Canary Wharf, even as the emirate...
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