S&P sees further growth in the #Dubai#Property market.
As per S&P: Dubai remains an attractive business and residential destination, given that it offers low taxation despite the introduction of a 9 percent corporate tax starting June 2023. https://t.co/dvNYn9mrMv
The #property market in #Dubai is booming. It is huge. There are a lot of opportunities to dive in. The property market has a lot of similarities to financial markets, prior analysis has to be done.
Interesting areas to look at right now: Emaar Beach fro…https://t.co/aE068vRGL5
Tourists destinaiton: Dubai.
Countries with the highest growth rate for visiting Dubai in comparison with 2022, first four months of 2023.
1. China
2. Russia
3. Israel
4. Canada
5. Germany
6. USA
Many of them bought or are considering investing in prop…https://t.co/uunt0P3UMG
USDC stable fell to 0.87 USD this night after the collapse of SVB.
It is said that part of Circle's USDC funds were kept in SVB in amount of 3.3 BLN USD. Which is around 8% of the total USDC circulating amount.
USDC Fell to 0.87 USD this night, and got b…https://t.co/nS55BVkxxx
By CNBC.
Additionally, Circle's assets (some portion of them backing USDC) were held at the Silicon valley bank. USDC is a crypto stablecoin, pegged to US Dollar 1 to 1.
A signal to crypto holders to reassess their holdings.
I do personally hold some U…https://t.co/VHLoD8qYd9
Property transaction quantity slightly decreased in December in Dubai. However, activity remains strong.
Source: Oropertymonitor.
#property#dubai https://t.co/dqKvW87JLt
Adani bonds sliding lower.
Once the highest rated and safest bonds suffering. Investors are fleeing.
Source. economictimes indiatimes. https://t.co/5BJYou84ti
HEADS UP.
FOMC interest rate decision already today. +0.25% increase expected.
Is the increase eased? will we see stabilizing of the base rate?
#BTC looks like a nice gauge for that! https://t.co/uhFNxpZaNc
Quite fascinating to see #bitcoin increasing in price.
Looks like it's resilient to the majority of hits. From regulations to exchange bankruptcies.
I would imagine what would happen to stock markets if traditional banks and exchanges would collapse.
N…https://t.co/B0W5POzhhl
Adani shares plummeting, so falling are bonds.
Bonds of Adani ports are rated BBB-, which is close to A.
Bonds also declined significantly. https://t.co/vOPjBnNmJf
According to Dubai Land Department during January 2023 there were 8 536 property transactions. Total value - 24.19 Billion DHS (6.62 BLN USD).
Green line - Existing property (secondary market).
Blue line - off-plan property (property under construction).…https://t.co/mn36ankgAS
United Arab Emirates issues 4.51% yielding bond.
Spread to US Treasury bonds: 105 bp
Want to have a guaranteed 4.51% yield for five years? Buy UAE government bonds.
Bonds are back ✅
#uae#bonds#investments
UAE property had a record amount of transactions in 2022.
What's next for 2023? I expect a number of transactions to be resilient and grow in 2023.
#property#uae https://t.co/FezWtAHWUk
Acquired IEREI Dubai Real estate brokerage Certification.
Happy to help my clients navigate and invest in Dubai property. This is a fascinating market.
Innovation Experts Real Estate Institute (IEREI)
Mohammad Mousa Shanaah
#realestate#dubai https://t.co/3XEFVjAycG