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Nasdaq Dubai lists Damac’s $400m sukukNasdaq Dubai listed today (May 13) a $400 million sukuk, issued by Damac Real Estate Development Limited (DRED). DRED is a wholly owned subsidiary of Damac Properties PJSC. The sukuk was sold to investors in the Middle East, Europ More… |
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Airbnb revenues up 421pc in DubaiRevenues for properties listed on Airbnb in Dubai increased by 421 per cent to top $3.3million between August 2015 and 2017, with listings nearly tripling to 3,249, a report revealed. According to a special market report rel More… |
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Dubai's Yzer Property listings hit new highDubai-based property portal Yzer Property said the listings for property available for sale/rent on its website increased by 300 per cent within two months, making it the fastest-growing and largest specialist property listings website in the UA More… |
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New listings in Abu Dhabi held back by conditionsNew listings on the Abu Dhabi Securities Exchange may take a while until market conditions improve, its chief executive said on Monday. Low oil prices and regional turmoil are keeping volumes low on Abu Dhabi's stock market. E More… |
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Duplicate listings cost property sector $272mDuplicate listings within the UAE’s online real estate market are costing the industry at least Dh1 billion ($272 million) per year, according to a software technology expert. "It is a major headache in our industry, an More… |
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GFH to review London, Kuwait listingsBahrain's Gulf Finance House (GFH) will study the continuation of its equity listings in London and Kuwait, the company said on Monday. The investment firm is listed in four places, a potentially costly arrangement: Dubai Fina More… |
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New UAE law to boost listings, private equityThe United Arab Emirates' Ministry of Economy has published new rules allowing firms in the state to use existing shares when listing on local exchanges or raising fresh equity capital, a move likely to boost private equity in the country. More… |
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Etisalat iPhone listings app ‘popular’The Etisalat Yellow Pages iPhone application has remained one of the most popular applications following its upload to the iTunes store, receiving more than 10,000 downloads so far, said a top official of the company. “As usage of mobile i More… |
