Binghatti’s First Bond Market Debut Soars at Over 200% Subscription
The leading Dubai real estate developer Binghatti, has achieved a significant milestone with the successful launch of its inaugural USD 300 million 3-year Sukuk...
MAG Group Holding Records Over AED 12.6 Billion Sales in 2023
MAG Group Holding, the multinational conglomerate incorporating different companies across diverse sectors, announced the recording of AED 12.6 billion in sales for 2023 across...
All Eyes Are on The Strongest Cryptos
Market picture
The crypto market continues to rise, adding 2.3% to the level of 24 hours ago. Bitcoin's capitalisation has surpassed 1 trillion, and its...
The Crypto Market Shows No Sign of Stopping
Market picture: Negative momentum in equities after the US inflation report triggered a quick correction but only attracted new buyers who saw it as an...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
Ethereum Nears Recent Turning Point
The crypto market cap remained at $1.65 trillion.
Ethereum was a major growth driver, gaining 1.6% on the day to $2,350 and reversing to the...
Bitcoin Rises Ahead of Schedule
The crypto market capitalisation has hit new highs since 12th January, passing the $1.75 trillion mark. The market has confidently moved into a state...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
Crypto Has Retreated from the Lows, But No Rush for Growth
Crypto market capitalisation at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on...
Saudi Tadawul Group Acquires a Strategic Stake in Dubai Mercantile Exchange...
Saudi Tadawul Group will acquire a 32.6% stake in DME Holdings Limited, the parent company of Dubai Mercantile Exchange (DME), through the acquisition of...
6 Predictions for Fintech in 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the...
Etherium Price Forecast – What Will Happen to the Price of...
ETHERIUM is one of the most valuable cryptocurrencies on the market, but its price can fluctuate drastically based on demand and supply; other cryptocurrencies'...
UBS Billionaire Ambitions Report 2023: The Great Wealth Transfer
For the first time in nine editions of the report, billionaires have accumulated more wealth through inheritance than entrepreneurship, indicating that the great wealth...
Bitcoin Crosses $41,000 Mark – Industry Reacts
Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...
Wealth Preservation Drives Surge in UAE Family Offices
The UAE’s financial wealth is on pace to see $300 billion growth from 2021 to 2026.
Nearly 10,000 millionaires will have migrated to the UAE...
Emirates NBD Launches New Digital Wealth Offering
Digital wealth offering enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
Customers can digitally open an...
Emaar Net Profit Up 15% in H1, 2023
Emaar's property sales backlog reaches AED 62.8 billion (US$ 17.1 billion), set to boost future revenue.
Recurring revenue records growth of 11% in H1 2023,...
Majid Al Futtaim Sets A New Standard in Sustainable Financing with...
Continuing its regional leadership in responsible financing, Majid Al Futtaim issues new Green Sukuk.
Majid Al Futtaim has raised $500 million to refinance part of...