Dubai: Dubai Taxi Company will be offering 624.75 million shares – making up 24.9 per cent of its capital – in what is likely to be a bumper IPO, with the share price range to be announced November 21. Subscription will also be opening
Phoenix’s is the first stock market float by a crypto business in the Middle East Dubai: Abu Dhabi’s ADX will be getting back-to-back IPO listings, with the data center and crypto mining company Phoenix Group offering 17.64 per cent in the Dh1.36 billion stock
Dubai property investors can do better by giving these costs a onceover In Dubai, home owners associations (HOAs) have both been increasing the power they exert on the value of ready properties (by virtue of the upkeep that they provide to the community) as
Recent rounds of stock listings bring with them a growing base of smaller investors For a variety of all their methods, private investors have many common guidelines. Many small investors tend to have a home country bias; they generally shun activist fund managers, instead
A mix of ‘defensive’ stocks and those with upside potential will be key It is mostly a fool’s errand to try and derive the meaning of why the market did and what it did on any given day and why. Unfortunately, history is
IPO generated upturn still has ways to go, while property keeps giving There are those who say the markets are able to anticipate the impact of war better than individuals, given the ‘wisdom of crowds’. And the fact that markets are complex, adaptive second
Luxury home prices see some cooling off, but offices and mid-market properties push higher According to latest data from Refinitiv, office prices in the US have fallen 16 per cent since their peak in March 2022. Whilst the stress in the office space
Research, when conducted in a dispassionate manner, uncovers patterns in history that are surprisingly ignored in everyday life. History is not merely an explanation of the past, but it is also a description of the present. Unfortunately, in the quest for research, other motives
A growing tenant base are seeking out communities with their own distinctiveness Under the constant pressure of finding something new to churn, real estate agents feel the pressure to up their social media game to promote not just the property but the entire Dubai
Dubai residential rents for the rest of 2023: Will new homes bring down the rates? Should developers bring back rent-to-own offers to get more end-users to buy a home? Dubai: Tenants in Dubai hoping for a slowing down in rental rises in the
