Banking
UAE Central Bank to introduce the Direct Debit System
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System’ in the UAE...
UAE banks assets rise 8% in 2012
The Board of Directors of UAE Banks Federation held its first meeting at the Mashreq Bank Headquarter...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently...
Financial Services
Abu Dhabi Plans to Set Up a Financial Free Zone
Abu Dhabi is preparing to establish a financial free zone which will be similar to the one in Dubai....
UAE based Indians have critical gaps in their financial, retirement planning
75% expect their children to look after them during retirement Only 10% invest in any retirement plans NRIs...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently...
Currencies
Gold coins or faceless money (Part Two)Just what do those bridges and windows on Euro banknotes mean…? So in trying to match ancient Rome’s...
Forex trading is easy with the right adviceForex trading offers a lot of opportunities to individual traders. Through study, hard work, and perseverance,...
Dar Al Sharia recognised as ‘Best Sharia Advisory Firm’ by Islamic Finance News once againDar Al Sharia, Dubai Islamic Bank’s (DIB) Sharia consultancy and Sharia advisory subsidiary, announced...
Markets
Aldar, Sorouh shares will continue trading upward today
Shares of Aldar Properties and Sorouh Real Estate surged in heavy trading yesterday, by 12.9% and 11.7%...
DFM’s market capitalization increases by 9.4% in March
The Dubai Financial Market General Index rose 16.7% to 2135.4 points at the end of April compared to...
DFM General Index Hits Fresh High
The Dubai Financial Market general index rose 1.62% to 2,135.40 points, its highest close since November...
Investments
Sovereign Wealth Funds allocate new assets to private equity
20% of Sovereign Wealth Fund new assets allocated to private equity Property and infrastructure are...
Investment opportunities drive Indian, Russian and Chinese capital into UAE
2013 Invesco Middle East Asset Management Study ‘South-South’ trade in action – local investment...
Global demand for gold jewellery up 12% in Q1 2013
The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013,...
Investors
Investors Are Positioning For China Slowdown, Low InflationAllocators Scale Back in Commodities and Emerging Market Stocks Investors are positioning themselves...
Fund Manager Survey finds investors less positiveGlobal investors are moderating their earlier exuberance in the face of somewhat lower conviction over...
UAE investors are building property into their portfolio49% of UAE investors expect property to perform strongly over the next five years Most investors hold...