Banking
Value-packed mortgages for resident expats
Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to...
UAE banking profits seen soaring
UAE banking profits seen soaring at 22%YoY in 2012 Banks are nearing end of the NPL cycle but risks remain ADCB...
MasterCard, Visa warn of credit card data breach
“Massive” breach may affect more than 10 million credit card holders Credit cards compromised...
Financial Services
Opportunity for financial service providers: Reverse Mortgage
A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential...
New electronic system for tenders launched
DoF starts publishing its tenders electronically The Department of Finance recently completed a project...
Exclusive offers on banking products for Dubai Police
Emirates NBD strengthens relationship with Dubai Police with exclusive offers for employees Limited period...
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
Uncertainty drives US Dollar higher
Situation in the US remains relatively better than the European Markets continue to show deep concerns...
Gold, Rupee trading drives DGCX daily volumes record
Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion Driven by an increase in Indian...
Facebook IPO live, traded at $42.05 up over 10%
Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade...
Investments
Asset management crucial for Middle East governments
Mature asset management models have already been developed Fueled by strong economic expansion, infrastructure...
Facebook IPO up to 421.2 million shares
Social network company increases IPO size as insiders boost planned sales Founder Zuckerberg to offer...
Rising investor demand for growth stimulus
Fund Manager Survey Finds Rising Investor Demand for Growth Stimulus Expectations Grow of Further ECB...
Investors
Rising investor demand for growth stimulusFund Manager Survey Finds Rising Investor Demand for Growth Stimulus Expectations Grow of Further ECB...
Fresh EU concerns prompt move to ‘Risk Off’Growth Expectations Ease While Prospects of QE Return Investors have scaled back both risk-taking and...
Investors bullish about prospects for global growthBofA Merrill Lynch Fund Manager Survey Finds Investors Displaying Growing Conviction in Growth Portfolio...