HSBC Appoints New Chairman

British bank HSBC has announced the appointment of Brandon Nelson as its new chairman, thus completing a comprehensive restructuring of its leadership. This appointment marks a key step in the bank's management team renewal process.

Latest news

See all news

2025-12-04T01:47:08+00:00

Dubai Financial Market Closes with 1.19% Gain

The Dubai Financial Market closed its first December session up 1.19% to 5906.64 points, driven by gains in banking, industrial, and real estate stocks. Market capitalization increased by 12.47 billion dirhams. Foreign investors made net purchases of 54.36 million dirhams. Six companies, including Emaar Properties and Emirates NBD, accounted for 67.2% of total market liquidity.

Economy Local

2025-12-04T01:45:35+00:00

Dubai and PwC Middle East Launch Strategic Partnership for Smart City Development

Moru, a subsidiary of DEWA, has partnered with PwC Middle East to collaborate on smart city projects, command centers, and IoT solutions in the UAE, aligning with the national strategic vision.

Economy Politics Local

2025-12-04T01:45:30+00:00

Dubai REIT: Revenue Growth and High Occupancy Rates

Dubai's real estate investment fund, Dubai REIT, reported a 10% revenue increase and a 98% occupancy rate in the first nine months of 2025, highlighting the stability and quality of its residential property portfolio.