Latest news with #foreigninvestors
Times of Oman
2 days ago
- Business
- Times of Oman
Dubai's Real Estate soars to record transactions of Dh431 billion in H1 2025
Dubai: In the first half of 2025, Dubai's real estate market recorded transactions worth of over Dh431 billion, which is about 26 per cent more than last year's first half, as reported by the Gulf news. This rise is a reflection of the Emirate's continued momentum as a global property investment hub. According to the new data from the Dubai Land Department (DLD), a total of 125,538 real estate transactions were registered between January and June 2025, up 26 per cent from 99,947 deals in H1 2024. Overall, real estate procedures (including sales, leases and other formalities) crossed 1.3 million, indicating a strong and growing investor base. With 30,487 women conducting nearly 35,000 transactions worth Dh73.2 billion, reflecting a significant growth in the role of women in shaping Dubai's property landscape. By nationality, foreign investors led with Dh228.35 billion, followed by Arabs (Dh28.4 billion) and GCC nationals (Dh22.56 billion), underlining Dubai's appeal as a cross-border investment destination. Additionally, with approximately 95,000 investors completing over 118,000 deals in the first half of the year, the value of real estate investments reached Dh326 billion, up 39 per cent from the previous year. Of these, 59,075 were new investors who contributed Dh157 billion, a 40 per cent increase in market value. Remarkably, 45 per cent of new investors were locals, demonstrating continued effectiveness in converting renters into homeowners and enhancing market stability over the long run. On the other note, The UAE's real estate sector maintained its growth momentum throughout 2024 as well, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. The vibrant real estate markets across the Emirates underscored the UAE's status as a global hub for property investments and an attractive destination for high-net-worth individuals who play a vital role in stimulating market activity, particularly in luxury real estate.
Yahoo
2 days ago
- Business
- Yahoo
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42%** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42%** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42%** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17 Sign in to access your portfolio
Reuters
2 days ago
- Business
- Reuters
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
MUMBAI, July 21 (Reuters) - The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42% ** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17
