Finance

As part of its relentless efforts to strengthen its digital transformation leadership in collaboration with its partners of brokerage firms, the Dubai Financial Market (DFM) today hosted the launch of BHM Capital’s (Smart Digital On-boarding System), culminating a fruitful stage of full coordination and technical support from the DFM during the implementation of the of the system and the successful connectivity between the two sides.

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has successfully completed a strategic investment in UAE-based fintech, Souqalmal (the “Company”). The investment will provide growth capital, allowing Souqalmal to execute on an ambitious growth plan over the next 24 months. 

The real estate and properties transactions valued at 13.4 billion in total during the week ending 11 March 2022. The sum of transactions was 2,333.

On the occasion of the United Nations Oceans Fortnight at Dubai World Expo 2020 today the world’s first tokenised content ecosystem, MContent, announces a partnership with the Better World Fund. Teaming up to empower content creators around the globe to shine a spotlight on pressing global issues.

The real estate and properties transactions valued at 9.3 billion in total during the week ending 18 March 2022. The sum of transactions was 2,400.

As the largest MENA economy bounced back in 2021 according to the International Monetary Fund, by Q3 the region saw a 6.8% growth far outperforming the 2.3% projection for the year. Driven by low unemployment rates and an uptick in oil demand and growth in non-oil sectors, this rebound is set to continue into 2022.