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Dubai saw 168,000 residential deals in 2024The Dubai residential real estate sector achieved a record performance in 2024 with transactions, new supply, and average price per sq ft across most submarkets new all-time highs. Significant residential More… |
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PayerMax, Saudi Awwal Bank to support digital paymentsPayerMax, a leading global provider of payment solutions, has partnered with Saudi Awwal Bank to redefine the digital payments landscape and streamline the onboarding experience for local merchants enabling seamless global transactions. More… |
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Digital Sharjah platform processes over 952,000 transactionsSince its launch in 2021, the ‘Digital Sharjah’ platform, by the Sharjah Digital Department (SDD), has processed more than 952,000 transactions worth AED41.5 million ($11.3 million), attracting over 95,000 users. More… |
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UAE property transactions sustain momentum: reportIn the first quarter (Q1) of 2024 Abu Dhabi recorded spikes in ready transactions while Dubai sustained a growing interest for both existing and off-plan properties, says a report. Unlike Q1 2023 where of More… |
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UAE Fund Transfer sees transactions top $4.63trn in 2023The value of transactions executed in the UAE banking sector through the UAE Fund Transfer System (UAEFTS) exceeded AED17 trillion ($4.63 trillion) during 2023, according to statistics from the Central Bank of the UAE (CBUAE). &nb More… |
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Dubai Health Insurance transactions total $5.9bn in 2023Dubai’s Health Insurance Corporation has handled transactions worth AED21.68 billion ($5.9 billion) through its electronic healthcare insurance portal in 2023, with individual contributions hitting AED1.1 billion. More… |
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Mena M&A transactions for nine months hit $59.5bnM&A (mergers and acquisitions) transactions with any Mena involvement hit $59.5 billion during the first nine months (9M) of 2023, down 16% compared to a year ago and the lowest first nine-month total since 2020. & More… |
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Dubai’s residential market activity ‘softens in September’A total of 7,523 transactions were recorded in Dubai’s residential market in September, registering a decline of 8.3% compared to a year earlier, according to CBRE Dubai Residential Market Snapshot. More… |
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Procural.com crosses $10m in transactionsProcural, a B2B tendering platform in Bahrain, has surpassed $10 million worth of closed and awarded business transactions. Procural.com is an algorithmic and AI-driven B2B procurement platform that conne More… |
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BenefitPay transaction numbers up 42% to 161.9mBenefit, Bahrain's leading FinTech and electronic financial transactions services company, has reached a total volume of 161.9 million transactions for all electronic fund transfers (Fawri, Fawri+ and Fawateer) through BenefitPay d More… |
