Skift Take Bill Hornbuckle predicts up to four UAE casinos will be licensed, he is hoping to be one of the chosen few, as are his rivals over on Marjan Island in Ras Al Khaimah. Josh Corder The CEO of MGM Resorts has shared his expectation that the UAE could greenlight up to four casinos,…
Tag: UAE
GFH Partners Acquires $150 Mln Assets in Saudi Arabia, UAE
GFH Partners completed the acquisition of a diversified logistics and industrial portfolio worth $150 million in Saudi Arabia and the UAE. The portfolio comprises income-generating assets and opportunities for real estate development, in the logistics and industrial zones strategically located in Riyadh and Dubai. It encompasses various facilities such as light industrial and cold storage…
Will these be the next Top 3 investment trends in the UAE?
Analysts have become so enraptured by memes that it becomes worthwhile to add a few to the mix in the hope of seeing whether they stick. How about: ‘20 is the new 2’. This one refers to the prices of the first villa launches on Palm Jumeriah in 2002, and compares it to those at…
Virtual assets regulation in UAE
In May, the Central Bank of UAE (CBUAE) issued a comprehensive ‘guidance’ for licensed financial institutions (LFI), such as banks, finance companies, exchange houses, payment service providers and others, when dealing with virtual assets (VAs) (also called crypto assets) and virtual assets service providers (VASPs). The guidance is aligned with the UAE’s approach towards regulating…