Dubai Launches First Investment Week Amid Record Foreign Inflows
Dubai launched its first-ever investment week, held under the theme "Investing in Future Transformations" as the emirate celebrated record foreign fund inflows. The event, focused on new technologies and private-public partnerships, aimed at attracting more private investment to boost growth and job creation amid soft employment figures.
Rising US Dollar Strengthening Real Estate Market in Dubai
Rising US dollar combined with world class infrastructure and high quality of life are strengthening real estate market in Dubai which is competing with other global cities such as Paris and London, according to a report...
Dubai’s Real Estate Moguls Bet on Another Property Boom
Real-estate mogul Safi Qurashi is often asked why he has stayed in Dubai after he was imprisoned here for nearly three years and came close to losing his entire business...
Dubai International Finance Center is Attracting Hedge Funds
Dubai’s financial hub is growing up. Since it was established a decade ago, the Dubai International Financial Centre has become the number one choice in the Middle East for many of the world’s leadin...
Growing Number of Hedge Funds in Dubai
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London ....
Nomura Eyes Acquisitions to Fast-Track Mideast Expansion
When stock markets in Dubai and elsewhere in the Middle East region nosedived in the wake of the global financial crisis, there was the inevitable exodus of asset managers and brokers from the region...
A new look at Dubai's investment powerhouse
Any day now, Investment Corporation of Dubai (ICD), the emirate’s flagship investment vehicle, will announce the take-up of a US$1 billion-plus bond issue the global financial markets have been considering for the past couple of weeks.
Investment Corporation of Dubai reveals profits for first time
The Investment Corporation of Dubai (ICD), which owns key businesses including Emirates airline and property developer Emaar, revealed figures in the prospectus of its first Islamic bond issue, the Financial Times has reported.
Dubai Shares Rise on Real Estate Recovery Optimism; Qatar Falls
Dubai’s benchmark index gained for the seventh time in eight days as real estate companies rose, shrugging off an emerging markets drop. Qatar’s measure fell.
Surging rents "a very real concern" for Dubai tenants
A leading property consultant has warned that the rising cost of living in Dubai is “starting to become a very real concern for many residents” as new figures show residential rents have surged by an average 22 percent in the past year.