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Dubai records over Dhs1.2 billion realty deals in a single day

Dubai real estate market recorded 446 sales transactions worth Dhs1.07 billion, in addition to 85 mortgage deals of Dhs168.99 million, and 29 gift deals amounting to Dhs34.46 million on Monday,...

Latest trends in UAE and US banking sector highlighted

UAE Banks Federation (UBF), the umbrella body representing banks operating in the UAE and the unified voice for the UAE banking sector, hosted a roundtable dinner meeting with Deputy Secretary...

UAE, WEF sign sustainable global strategic partnership agreement

The UAE government and the World Economic Forum (WEF) (Davos 2022) have announced the signing of a sustainable global strategic partnership agreement that ushers in a new era of continuous,...

UAE’s consumer price index at the end of 2021 reaches 108.62

Statistics from the Federal Competitiveness and Statistics Centre (FCSC) revealed that the Consumer Price Index (CPI) at the end of 2021 reached 108.62, compared to 105.97 in December 2020, which...

GCCIA forum at GCC pavilion concludes on a positive note

Staff Reporter, Gulf Today Operational Technology (OT) — the hardware and software that monitors or controls equipment, assets and processes within industrial environments, has become a top target for...

India’s union budget expected to focus on employment generation

The India’s Union Budget is expected to focus on employment generation, increase in limits for basic tax exemption, standard deduction, medical expenses, rationalisation of tax rates and certain social security...

Nasdaq Dubai welcomes $750m EDB bond listing

Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank (EDB), on Tuesday rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $750 million bond. The listing announcement...

Adnoc, Reliance team up for key chemical projects in Ruwais

Business Bureau, Gulf Today Abu Dhabi National Oil Company (Adnoc)  on Tuesday announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new world-scale chlor-alkali, ethylene...

IHC to list three subsidiaries on ADX Second Market in Q2

Three subsidiaries of Abu Dhabi Securities Exchange (ADX)-listed International Holding Company (IHC) will be listed on the exchange’s Second Market commencing in second quarter of 2021. The listing...