Wealth Management
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UAE Cabinet to increase youth participation in public, private sector boards
The decision reflects the UAE Government’s keenness to enhance the role of youth
WAM (Emirates News Agency)
Equitativa posts steady Q1 growth, portfolio value up 8%
Dubai-based group had announced a steady 8.4% increase in total property income to $17.9 million from $16.5 million.
TradeArabia
Dubai’s Greenstone acquires licence to promote financial products
The licence will allow Greenstone to carry out fund placement activities for its clients by registering funds with the Securities and Commodities Authority (SCA)
Banker Middle East
Dubai is most affordable among world's expensive cities
Real estate analysts forecast that the prime property prices will witness further softening in 2019
Khaleej Times
Dubai issues new financial centre insolvency law after Abraaj collapse
The new law introduces a "new debtor in possession bankruptcy regime" for debtors that have filed for bankruptcy but still hold assets
Reuters News
Long-term UAE visa: Overseas investors express interest in real estate
Dubai witnessed 33% surge in transactions, worth $9.26bln in first 5 months of 2019
Khaleej Times
Trukkin raises $3.5mln in funding
The company has shipped to over 200 locations in the Middle East
Khaleej Times
Businessman Firoz Merchant gets UAE permanent residency
Another Indian businessman based in the UAE -- Firoz Merchant, Founder and Chairman of Pure Gold Jewellers -- has been granted the UAE permanent residency.
Khaleej Times
UAE among top 10 markets for billionaires globally
Nation home to 55 billionaires, controlling $165bln of wealth
Khaleej Times