Banking
Dubai Islamic Bank announces 2011 net profit of AED 1.01 billion
Total assets stand at AED 90.59 billion Customer deposits grow to AED 64.77 billion Income from financing...
First Gulf Bank Net Profit exceeds one billion dollar mark
Net Profit for the 4th quarter was at AED 1,022 million, 18% higher than same quarter of last year Positive...
Tawdheef Recruitment Show: Careers in banking and finance
National Bank of Abu Dhabi, Emirates NBD, Abu Dhabi Islamic Bank, among major banks using recruitment...
Financial Services
Ministry of Finance meets training centres for employee development
The Ministry of Finance (MoF) recently held its annual meeting with a number of development and training...
Top tips for making most of your money abroad
As the weather grows gloomier and the economy hurtles back towards recession, bidding the Eurozone and...
Tamweel reports 2011 net profit of AED 102 million
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the 12...
Currencies
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...
Obstacles Envelop Launch of Gulf Single CurrencyThere have been several discussions on the launch of a single Gulf currency, its benefits to partner...
Keeping the British PoundTo keep or to ditch the British Pound has been an ongoing debate in the UK since the introduction of...
Markets
DFM, ADX indexes outpace GCC markets
GCC markets started 2012 showing mixed trends as Saudi and UAE bourses recorded monthly gains, while...
UAE’s undervalued markets may have bottomed out
Markets bounce from lows in expanding turnover Fund managers see attractive valuations After drifting...
Abu Dhabi to host 2012 Global Financial Markets Forum
The 2012 Global Financial Markets (GFMF) Forum will kick off on February 29th with a host of high profile...
Investments
Hedge Funds begin 2012 with strong gains
Emerging Markets gain +5.3 percent, leading broad-based advance Hedge funds opened 2012 by posting broad-based...
Asian Hedge Funds top Equity Markets again in 2011
Strategy evolution, risk management integral to 2nd consecutive year of outperformance; China overtakes...
Wealth Managements appoint aggressively in the Middle East
Merrill Lynch Wealth Management today announces that it has further strengthened its business in the...
Investors
Emaar’s new US$ 1 billion financing facility – Testament to financial strength
Emaar Properties PJSC has signed a new Islamic and Conventional financing facility amounting to AED 3.6...
Wealth Management Year ahead 2012, Key InvestmentsInvestors should focus on investments that offer yield, quality and diversification amid expectations...
21st Century Gold Investing
The role of the Internet in the area of investing has fundamentally changed how you are able to grow...