Retail investors to get 10%; third RTA entity to hit DFM after Salik, Dubai Taxi Dubai: The UAE’s first IPO of 2024 will be from Parkin, the Dubai headquartered parking space operator, which is floating 24.99 per cent. Subscriptions open March 5 and goes on
Sellers and even developers lower down payments – even to 1% – and easier installments Dubai: Want to buy a home in Dubai but find that investing in one of the new off-plan launches is way too costly? Then, you should be looking
UAE tech-telco churns up Dh10.3 billion as 2023 net profit Dubai: The UAE tech-telecom holding company e& will add 3 fils for every share held each year as part of a new dividend policy. That means, for 2026, e& shareholders will be getting 89
For now, UAE’s new retail investors are bulking up portfolios and holding long term Writing about the capital markets of the UAE, it always seemed analogous of comparing it to a sense of theater. With the turbulence investors had gone through in the past,
A lot of Dubai property market’s upcoming demand hinges on where rents are headed Research indicates that there has been a widening gap between new and existing rental lease contracts in Dubai. This in most instances translates into a widening chasm between units that
Dubai investment firm will however be proceeding with ambitious capital restructure plan Dubai: The Dubai headquartered investment firm has firmly put to rest recent speculation that it was planning to de-list from DFM and turn itself back into a private entity. A statement has
On DFM and ADX, investors are driving some of the biggest gains for banking stocks Dubai: Forget about IPOs for a moment – and let’s see what can be done with UAE’s listed banks. Investors on DFM and ADX are doing just that by
Dubai toll-gate company’s revenues are up for a hike – will its stock follow? Warren Buffett once suggested an ideal investment in inflationary conditions – buy a toll booth built with ‘old dollars’. Building an asset that yields results over time with a one-time
A Parkin IPO is coming up, but there is far more happening with UAE markets Yogi Berra was famously known for his deceptively simple witticisms, sometimes often contradictory, such as ‘Nobody goes there anymore, it’s too crowded…’. Another, which is apt for the investment
Dubai’s newest island destination takes significant lead in Dh18m+ home sales Dubai: The two Palm islands are taking a firm grip on the super-luxury end of Dubai’s property market, with Palm Jebel Ali now accounting for 50 per cent of overall city-wide sales in
