Abu Dhabi’s residential property prices grew significantly in 2Q, with average prices rising 6.4% from 1Q to reach AED 1.2k per sq ft, according to Knight Frank’s Abu Dhabi Residential Market Review(pdf). Average residential property prices increased by 17.3% y-o-y and are now 31.3% higher than pre-pandemic values. Apartments led q-o-q growth, while villas outperformed […]
Author Archives: enterpriseam admin
Fintech Alaan lands USD 48 mn Series A round
The funds will be used for expansionary purposes
1H results in from Dubai Residential REIT and Empower
The REIT — which IPOed on the DFM in May — saw its net income rise 10% y-o-y
AES taps new CEO for AES Private Wealth and Family Office
The new hire will help extend its services to globally-mobile families across MENA
Another addition to CBUAE’s open finance network + AI-powered parking in Dubai?
PLUS: More automated parking is coming to Dubai
Wall Street warns pullback is coming, but says buy the dip
Pundits see a correction of 10-15% looming this quarter
UAE inks visa waiver with Moldova, eyes AI collaboration with Azerbaijan
UAE, Azerbaijan mull venture capital fund and AI R&D center
AUGUST 8-15 August (Friday-Friday): Expected trading window for Al Mal Capital REIT’s new units on the DFM. SEPTEMBER 1-6 September (Monday-Saturday): Dubai Fashion Week, Dubai Design District. 7 September (Sunday) Opec+ meet to discuss production policy for October. 8-10 September (Monday-Wednesday): DigiHealth exhibition, World Trade Center, Dubai. 8-10 September (Monday-Wednesday): WHX-Tech Expo, Dubai World Trade […]
THIS MORNING: Mubadala invests in LG Chem’s water treatment unit? + PMI out today
Plus: Al-Futtaim’s acquisition of a stake in Cenomi Retail cleared by Saudi regulator