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23 September 07:19 PM

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Companies looking to provide these services should coordinate with the UAE’s two telecom operators
21 September 05:45 PM UAE to launch VoIP bundles soon – TRA official
By: Amr Adel Abu Dhabi – Mubasher: The UAE is planning to offer bundles for voice over internet protocol (VoIP) “soon”, director general of the UAE’s Telecommunications Regulatory Authority (TRA) Hamad Obaid Al Mansoori said late Wednesday. …
The PIF will launch the Future Investment Initiative (FII) in October
18 September 12:30 PM Saudi PIF to launch FII in October – SPA
Riyadh – Mubasher: The Public Investment Fund (PIF) of Saudi Arabia on Monday said it will launch the Future Investment Initiative (FII) in October, the Saudi Press Agency (SPA) reported. FII will be held in Riyadh between 24 and 26 October, SPA …
Event
The UAE’s non-oil sector is forecasted to grow by 3.5% in 2018
17 September 04:25 PM UAE non-oil sector to grow 3.5% in 2018 – Al Mansoori
By: Amr Adel Abu Dhabi – Mubasher: The UAE’s non-oil sector is forecasted to grow by 3.5% in 2018, Central Bank governor Mubarak Rashed Al Mansoori said on Sunday. Speaking at the 41st normal session of the Council of Arab Central Banks Governors …
Macroeconomics
Arab Monetary Fund’s headquarter in Abu Dhabi
17 September 04:21 PM Bitcoin poses challenges to central banks - AMF
Abu Dhabi – Mubasher: Arab Monetary Fund (AMF) chairman Abdulrahman Al Hamidy said on Sunday that the recent massive use of virtual currencies poses challenges to the central banks of Arab countries. The trading value of the Bitcoin has reached …
Macroeconomics
Arab states' central bank governors at the 41st session of the Council of Arab Central Banks Governors
17 September 04:19 PM Oman to continue USD peg – CBO official
By: Amr Adel Abu Dhabi – Mubasher: The Sultanate of Oman remains committed to applying the OMR-USD peg, said Tahir Bin Salim Al Amri, executive president at the Central Bank of Oman (CBO) on Sunday. Speaking to journalists on the sidelines of the …
Event
The IMF forecast a 3.3% growth for the UAE's non-oil sector in 2017
17 September 10:25 AM UAE C. Bank projects non-oil sector growth
Abu Dhabi – Mubasher: UAE Central Bank governor Mubarak Rashed Al Mansoori said he expects the UAE’s non-oil sector to grow by 3.1% by the end of 2017, Reuters reported on Sunday. Speaking at a meeting of Arab central bank governors, the top …
Event
UAE Banks Federation chairman Abdulaziz Al Ghurair
14 September 08:20 PM UAE banks’ profits to remain stable, sector most affect by cyber-attacks – Al Ghurair
By: Amr Adel Dubai – Mubasher: Profits achieved by UAE banks are likely to remain stable in the second half of 2017 compared to the first half of the year, said UAE Banks Federation (UAEBF) chairman on Thursday. The UAE banking sector, which is …
Event
Bahrain hall offered BHD 40.3 billion projects
14 September 03:11 PM Bahrain offers BHD 40bn real estate projects in Cityscape
Abu Dhabi – Mubasher: The Bahrain wing in Cityscape Global 2017 exhibit, ended Wednesday, offered BHD 40.3 billion projects in the real estate sector. Cityscape Global represented an important marketing window for Bahraini real estate projects, …
Macroeconomics
Mag Eye consists of 4,000 apartments
13 September 06:06 PM MAG PD to launch AED 4bn residential project
Dubai – Mubasher: Mag Property Development (MAG PD), the subsidiary of Mag Group, announced launching its residential project ‘Mag Eye’ with a total cost of AED 4 billion during its participation in Cityscape Global 2017 in Dubai. The project is …
Companies Investments
Water's Edge saw sales worth AED 400 million
13 September 03:03 PM Aldar’s Water’s Edge nabs AED 400m sales at Cityscape
Abu Dhabi – Mubasher: Aldar Properties on Wednesday announced that the first phase of its new waterfront development, the Water’s Edge, has been sold out at Cityscape Global 2017. The development located on Abu Dhabi’s Yas Island saw sales worth …
Companies Investments
Ajwan raising its capital by KWD 13.66 million to KWD 21 million
13 September 11:48 AM CMA extends Ajwan rights issue to 15 October
Mubasher: Ajwan Gulf Real Estate on Wednesday announced that the Kuwaiti Capital Market Authority (CMA) has approved its request to extend the rights issue period for raising capital until 15 October 2017. The CMA had agreed on 31 July to extend …
Markets Regulations
DLD is targeting AED 2 billion in investments from Russia and China
12 September 06:45 PM Dubai eyes AED 2bn investments from China, Russia - DLD
By: Amr Adel Dubai – Mubasher: The Dubai Land Department (DED) is currently working on attracting real estate investments from China and Russia over the next two years, said Majida Ali Rashid, DLD assistant director general on Tuesday. Speaking to …
Macroeconomics
The apartment in question was sold for AED 102 million
12 September 04:21 PM UAE’s Omniyat sells most expensive flat in ME
By: Amr Adel Dubai – Mubasher: Dubai-based Omniyat has sold the most expensive under construction apartment in the Middle East to a Gulf investor, chairman and CEO Mahdi Amjad revealed on Tuesday. The apartment in question was sold for AED 102 …
Event
Total tenders and contracts awarded related to infrastructure and construction works amounted to AED 11.5 billion
12 September 12:27 PM Infrastructure works at Expo 2020 site are 50% complete
Dubai – Mubasher: Infrastructure works at Dubai's Expo 2020 site have been completed by more than 50%, according to Ahmed Al Khatib, the Expo's vice president of real estate and delivery. Infrastructure works will be completed before the end of …
Event
DAMAC has already delivered 1,100 residential units in its DAMAC Hills
11 September 08:05 PM DAMAC eyes delivery of 2,800 units in 2017 – Interview
By: Amr Adel Dubai – Mubasher: DAMAC Properties is looking to deliver 2,800 units in 2017, said senior VP of International Business Development Wael Al-Lawati on Monday during the first day of the Cityscape Global 2017 event held in Dubai. DAMAC …
Event
Sameh Mohtadi, the CEO of Bloom Properties
11 September 06:07 PM Bloom Properties to deliver 3 projects in 2018 - CEO
By: Amr Adel Dubai – Mubasher: Bloom Properties, a subsidiary of Bloom Holding, is planning to deliver three real estate projects in 2018, said CEO Sameh Mohtadi on Monday. The first project is FAYA, which is the fourth phase of Bloom Gardens …
Companies Investments
The exhibition will last until Wednesday, 13 September.
11 September 11:41 AM Sheikh Hamdan opens Cityscape
Dubai-Mubasher: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, opened on Monday the 16th edition of Cityscape Global exhibition in Dubai, with 300 regional and international participants from 23 country. The exhibition …
Event
Palm Beach Residences by Nakheel
10 September 05:16 PM Nakheel to launch AED 4bn projects at Cityscape Global
Dubai – Mubasher: Dubai-based Nakheel on Sunday said it will launch “a plethora” of property projects at Cityscape Global 2017, with new developments collectively amounting to AED 4 billion. The master developer said it will uncover a variety of …
Event
Raya Holding on Sunday approved increasing issued capital by EGP 125.9 million
10 September 01:28 PM Raya Holding eyes capital hike to EGP 630.6m
Cairo – Mubasher: Raya Holding for Financial Investment’s board on Sunday approved increasing issued capital by EGP 125.9 million to EGP 630.58 million from EGP 504.6 million through distributing bonus shares on a 1-for-4 basis. The board has …
Event
Al Babtain Power and Telecommunication will distribute cash dividends on Sunday, 10 September, at SAR 1 per share for the first half of 2017
9 September 05:08 PM Tadawul awaits important events this week
Riyadh – Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating some important events this week, topped by cash dividends distribution by some companies. Al Babtain Power and Telecommunication will distribute cash dividends on …
Event
du reported a rise of 0.3% in profits to AED 446.57 million ($121.55 million) in the second quarter of 2017
5 September 10:31 AM du launches Virgin Mobile in UAE
Dubai – Mubasher: Emirates Integrated Telecommunications Company (EITC), a fully licensed telecom operator in the UAE and the owner of du, officially launched its second brand Virgin Mobile in the UAE on Tuesday, according to a statement. The new …
Event
The company attributed the postponement to its incomplete quorum
5 September 09:11 AM DSI postpones general assembly to 9 September
Dubai – Mubasher: Drake and Scull International (DSI) decided to postpone its general assembly meeting from 4 September to 9 September, according to a bourse statement. The company attributed the postponement to its incomplete quorum. DSI’s …
General Assembly
“Today, more than 160 Chinese companies have chosen RAKEZ as a base to work, live, and play from Ras Al Khaimah," Jallad noted
4 September 03:56 PM RAKEZ to bring together over 300 Chinese investors
Abu Dhabi – Mubasher: Ras Al Khaimah Economic Zone (RAKEZ) is sponsoring the third annual Free Trade and Special Economic Zone Summit to be held from 13 to 14 September in China, according to a statement. The event is expected to gather over 300 …
Macroeconomics
Expo 2020 Dubai is an Expo for the whole region
4 September 02:38 PM Expo 2020 Dubai to unveil new plans
Dubai – Mubasher: The future development plans for the Expo 2020 Dubai site will be revealed at Cityscape Global 2017, which will be hosted by Dubai World Trade Centre from 11 to 13 September. “The question that everybody has asked me when I have …
Event
Photo Archive
2 September 08:59 PM China-Arab States Expo 2017 to kick-off Wednesday
Mubasher: The China-Arab States Expo 2017 will begin on Wednesday in the Yinchuan, the capital city of Ningxia Hui Autonomous Region. The 4-day exhibition is a bridge for bilateral cooperation between the Arab countries and the People's Republic …
Event