Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.
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In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.
In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.
The Al Habtoor Group would be investing USD 3 billion in a real estate development in Dubai.
A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors.
In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.
Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
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