Latest News for: Dubai investment

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Dubai property management company launches state-of-the-art automation software

Gulf News 28 Mar 2023
Cutting-edge property management software has been developed and launched by a Dubai-based company ... MMP is driven by its founders who are 30+ year international veterans of the investment advisory segment and are thus uniquely positioned to advise investors on Dubai’s real estate sector.
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Dubai-based crowdfunding platform to build the first democratised digital investment bank

Gulf News 28 Mar 2023
The Dubai-headquartered company has upgraded its position and outlined a strategy which aims to see the company building a digital investment bank that will include features allowing secondary market trading as well as various investment banking products designed for both large ...
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ENOC Group breaks ground on occupational health screening centre

Urdu Point 28 Mar 2023
Built to the highest quality standards, and in strategic partnership with Dubai Health Authority, our shared vision is to provide safer, healthier work environments for everyone.”. Al Ketbi stated, “Dubai’s health sector is witnessing rapid and remarkable growth and several factors make Dubai an ideal destination for health investment.
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Ride-hailer Careem in advanced talks with UAE's e& for Super App investment - sources

Reuters 28 Mar 2023
DUBAI, March 28 (Reuters) - Uber Technologies' (UBER.N) Middle East subsidiary Careem is in advanced talks with Emirates Telecommunications Group Company (EAND.AD) to invest in its expansion into services beyond ride-hailing, five sources with knowledge of the matter told Reuters.
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Metaverse construction firm LandVault extends Series B with $3 million raise

The Block 28 Mar 2023
It will also be used to grow commercial operations across its hubs in Dubai, Europe, the U.S. and Asia and will further invest in technology, notably AI-powered tools to accelerate the creation and monetization of metaverse content ... It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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‘Incoming Administration Must Waive Custom Duties on Medical Equipment, Incentivise Healthcare Entrepreneurs’

This Day 28 Mar 2023
If government can waive of those custom duties for the healthcare sector to encourage medical entrepreneurs, it will go a long and investors would invest happily and within few years you will find that we are at par with Dubai or Saudi Arabia or South South Africa or any other advanced country in healthcare.
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Dubai boosts support services for creatives

Gulf Daily News 27 Mar 2023
Dubai has created an entire ... Developed by the Dubai Culture and Arts Authority and the Department of Economy and Tourism, as part of the ‘Invest in Dubai’ platform, the initiative enables creative and talented individuals to launch their businesses within minutes.
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The Hotel Show to take place in Dubai in May

Arab News 27 Mar 2023
DUBAI. Around 13,000 people from the hospitality industry are set to gather in Dubai on May 23 for The Hotel Show, Emirates News Agency reported. The three-day exhibition, which will be held at the Dubai World Trade Centre, coincides with a regional expansion in hospitality investment led largely by the UAE and Saudi Arabia.
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Dubai's Al Ansari Financial Services IPO pulls Dh12.7b as subscriptions, dividend yield at 7.8%

Gulf News 27 Mar 2023
Dubai ... The final stock price implies a market cap of Dh7.73 billion (or $2.1 billion) on listing at DFM ... The over-subscription tally is 22x (excluding the cornerstone tranche) ... "It is also a testament to the attractiveness of the UAE and wider GCC economies and the investment community’s confidence in Dubai’s public equity markets and the DFM.” ... .
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The Young Investors Competition is back for its second edition

Khaleejtimes 27 Mar 2023
... financial expertise and practical investment skills. Founded by Dubai International Academy student Dhruv Meisheri, YIC, with over 1,200 participants from 27 countries in its previous edition, is now the largest investment competition in Asia and the second largest in the world.
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Al Ansari Financial Services completes IPO, raising AED773 million

Urdu Point 27 Mar 2023
DUBAI, (UrduPoint / Pakistan Point News / WAM - 27th Mar, 2023) Al Ansari Financial Services ... It is also a testament to the attractiveness of the UAE and wider GCC economies and the investment community’s confidence in Dubai’s public equity markets and the DFM.”.
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ME airports ‘need to invest $151bn in capacity expansion’

Gulf Daily News 27 Mar 2023
As new airports come up and existing facilities get expanded and upgraded to meet future passenger demands, industry players will discuss the huge investments coming back on the tracks at the Airport Show in Dubai from May 9 to 11 ... TAV will start investing in Esenboğa Airport in the Turkish capital Ankara.
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The mystery of Centre’s shell company amnesia

The Telegraph India 27 Mar 2023
... routed through a Mauritius-based entity called Endeavour Trade and Investment Ltd ... The report added that the biggest investments came from two companies directly or indirectly linked to Vinod Adani, who is listed in stock exchange filings as a Cypriot national and lives in Dubai.
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Al Ansari completes IPO, oversubscribed 22 times; raises $2.10bn

Gulf Daily News 27 Mar 2023
 . The issue, which was oversubscribed 22 times, saw a demand of more than AED12.7 billion (including cornerstone investor National Bonds) ...   ...   ... It is also a testament to the attractiveness of the UAE and wider GCC economies and the investment community’s confidence in Dubai’s public equity markets and the DFM.” .
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Dubai: Al Ansari exchange completes IPO, raising Dh773 million

Khaleejtimes 27 Mar 2023
Excluding the cornerstone tranche of Dh200 million and based on the final price the Global Offering was oversubscribed c. 22 times ... It is also a testament to the attractiveness of the UAE and wider GCC economies and the investment community’s confidence in Dubai’s public equity markets and the DFM.” ... ALSO READ.

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