Which trends should UAE investors be on lookout for? Property and stocks still offer much, even for risk-averse investors Just like Savanarola’s ‘Bonfire of the Vanities’, there was a bonfire the befell the US capital markets as it became increasingly apparent that expectations
Supermarket firm records Dh2.9b in 2023 sales – and EBITDA margins of a substantial 20% Dubai: The supermarket operator Spinneys will pay 70 per cent of its profit after tax to shareholders, the Dubai headquartered company has confirmed. Dividends will be paid in April
An extended business license program can deliver immediate lift-off to productivity. “Only a crisis, whether real or perceived, produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around and that is when the alternatives
On its DFM debut, Parkin soars, but day traders could not pick up more as apps crash Dubai: For many retail investors in the UAE wanting to add more Parkin shares to their portfolio on the first day of listing, there was only disappointment.
The Nakheel-Meydan deal will add a lot towards future-proofing Recent housing data out of China showing house prices fell 6.3 per cent on a year-on-year basis (and 23.1 per cent from its peak) set alarm bells ringing as it indicated the steepest drop ever
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
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,
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
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
Mega-merger move will lead to an entity with a market cap of Dh15b plus Dubai: Two leading companies listed on the ADX – Bayanat and Yahsat – have decided to merge. The proposed merger will ‘create an AI-powered space technology champion’ for the Middle
