Emirates NBD profits rise 40% to 13 billion…

Rewrite this content (MENAFN-Al-Bayan) Emirates NBD’s profits for the year 2022 jumped 40%, to reach 13 billion dirhams. Profit for the fourth quarter was exceptionally strong at AED 3.9 billion, up 94% compared to the same period in the previous year. 2022 was a record year in terms of performance, especially in terms of retail […]

Selling the most expensive villa in Dubai worth 600 million dirhams

The second richest man in India has boosted his real estate investment in Dubai by purchasing another beachside villa. And Bloomberg Agency reported that he broke his previous record for the most expensive residential real estate deal in the emirate within months. Mukesh Ambani bought the Mansionen Villa in Palm Jumeirah last week for about […]

UAE .. A financial manager embezzles 11 million dirhams and escapes

Khabarni – The competent court in Dubai, in the UAE, sentenced a financial manager of a major commercial establishment in absentia to three years in prison, after being convicted of embezzling 11 million and 97 thousand dirhams, equivalent to three million dollars, and fleeing to his country. The local newspaper, “Al-Khaleej”, reported on Monday that […]

3.12 billion dirhams, the UAE stock market gains in the last Ramadan sessions

2.19 billion dirhams, local stock liquidity in the last sessions of the week Banks are declining in the Abu Dhabi market, and real estate is falling in the Abu Dhabi market at the end The UAE financial markets ended the trading session today, Friday, the last sessions of the week and the last sessions of […]

148 billion increase in the capitalization of the Dubai market

(MENAFN- Al-Bayan) The Dubai Financial Market continued its gains for the fourth week in a row, after it added about 148 billion dirhams, bringing its market capitalization to 584 billion dirhams, after listing the shares of the Dubai Electricity and Water Authority (DEWA) last week. The Dubai market rose by 1.7% to close at 3601.67 […]

180 billion dirhams, UAE market gains in a week

DEWA shares grab 49.6% of “Dubai” liquidity in 4 sessions The performance of the UAE financial markets varied this week, with the Abu Dhabi market declining, recording the highest weekly losses since the beginning of the year, while the Dubai market rose for the fourth consecutive week around the highest level in more than 4 […]