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Dubai records AED1.9b worth of realty deals

  DUBAI / WAM Dubai’s real estate market recorded 474 sales transactions worth AED1.52 billion and mortgage deals of AED441.56 million, in addition to 11 gift transactions amounting to AED27.4 million, data released by the emirate’s Land Department (DLD) showed. The sales included 376 villas and apartments worth AED849.54 million, and 98 land plots worth AED671.55 million. The mortgages included ...

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Shuaa Capital announces $250m venture debt fund

  Dubai / WAM Shuaa Capital, a leading asset management and investment banking platform, on Wednesday announced the launch of Shuaa Venture Partners, a $250 million Shari’ah fund, focused on venture debt investments. The fund is the largest venture debt fund in the GCC and has been established to support the growth of regional technology and technology-enabled leaders that are ...

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UAE is a prime example of an economic miracle: Marcos Troyjo

  Dubai / WAM Marcos Troyjo, President of the New Development Bank, said that the UAE is a “prime example of an economic miracle”, while speaking at the fourth edition of the Global Business Forum Latin America (GBF LATAM) 2022, which kicked off on Wednesday in Dubai. In a session titled ‘New Priorities for the Post-Covid World’, Troyjo explored the ...

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