Trellen Capital has successfully executed its first financing transaction in the United Arab Emirates, marking a significant milestone in its mission to support small and medium-sized enterprises (SMEs) in the region. This inaugural deal involved the provision of growth capital to a Dubai-based trading and distribution company, highlighting Trellen’s role in addressing the persistent funding...
In a swift policy reversal, U.S. President Donald Trump announced that he will no longer impose a 20 percent toll on cargo transiting through the strategically crucial Strait of Hormuz. This unexpected decision was made following discussions with leaders in the Middle East, emphasizing a focus on enhancing investment and trade partnerships with the United...
Ajmal Makan Real Estate Development recently inaugurated its new office located within The Meydan Hotel in Dubai, a significant step aimed at bolstering its presence in the competitive real estate market of the region. This opening event, highlighted by a Broker Open House, provided a platform for local real estate professionals to explore the new...
Ajman Bank has successfully launched a $300 million Additional Tier 1 Perpetual Sukuk on Nasdaq Dubai, a move designed to bolster its regulatory capital and diversify its funding methods. This financial instrument marks a significant step for the bank as it seeks to enhance its financial stability and meet the evolving demands of its growth...
ThinkProp has announced the introduction of a globally recognized commercial real estate training program in the United Arab Emirates. This initiative is designed to boost the skills and knowledge of professionals within the UAE’s commercial property market, thereby enhancing overall industry standards. The program will equip participants with contemporary practices and strategies pertinent to commercial...
Stock markets in the UAE experienced a downward trend as traders reacted to the upcoming Consumer Price Index (CPI) report from the United States. Specifically, Abu Dhabi’s main index decreased by 0.52%, while Dubai’s market saw a more significant drop of 1.281%. These declines were influenced by investors weighing the implications of US inflation data...
On July 14, 2026, PropXBT announced the launch of a cutting-edge simulated trading platform designed to encompass multiple asset classes, including cryptocurrencies, foreign exchange (Forex), stocks, and commodities. This new platform is set to enhance the trading experience for both novice and seasoned traders by offering an engaging way to test their strategies without financial...
eToro, a prominent global trading and investment platform, is at the forefront of integrating artificial intelligence into retail investing. CEO Yoni Assia recently highlighted how AI is set to revolutionize the investing landscape, particularly for retail investors in the coming years. The platform aims to provide retail investors with access to advanced financial tools and...
According to recent insights from Standard Chartered, oil prices are projected to hover around $80 per barrel in the coming months. Despite some fluctuations, analysts suggest that a decline to the $70 per barrel range is possible, though a drop to $60 per barrel is seen as improbable based on current market conditions. This outlook...
DP World, a leading global logistics company, has announced a strategic investment in Maithri Aquatech, a Hyderabad-based firm specializing in atmospheric water generation technology. This collaboration seeks to deploy Maithri’s innovative technology within DP World’s extensive logistics network, aiming to test its viability and efficiency in generating water from the atmosphere. The partnership represents a...