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Saturday, August 19, 2017

Finance

Finance

Gold’s Slump May Continue Next Week

Gold prices dropped to their lowest finish in about four months last Friday concluding the week in a loss.  August gold lost $13.60, or 1.1%,...

5 Ways Living in Dubai is Costing You

Staying on a budget while living in Dubai is incredibly difficult. Learn how you can organize your personal finance to stay on budget while...

Fundamentally Positive on Gold Prices, but Short Term Bearish

Gold prices settled lower for the week last Friday, suffering from their first monthly decline since March. The fourth straight weekly fall was driven...

Citizenship by Investment? Here Are The Top 10 Countries

Professional Wealth Management, a publication from the Financial Times, has today launched the world’s first comprehensive guide to the programmes that populate the economic...

2017 Sees a Record High Number of IPOs in GCC

A surge in number of floats in the GCC following the launch of the Parallel Market in Saudi Arabia creating a new platform for...

Gold Prices in Recovery Mode

Gold prices climbed for a third session in a row last Friday. This rise on the back of declining U.S. dollar and recent weakness...

MSCI 2017 Market Classification Review

MSCI will include China A shares in the MSCI Emerging Markets Index MSCI to consult on potential inclusion of Saudi Arabia in the...

FAB Wealth Sentiment Index up 1.56% in June

Index score increases from 1038.28 in May, to 1054.52 in June 2017 First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...

Digital Financing Solutions for Startups Launched in Dubai

MBRF and Beehive join hands to provide digital financing solutions for startups Partnership will enable SME to use FinTech to secure funds for growth and...

Why You Need to Create Multiple Streams of Income

In uncertain times, people often fear that they may lose their jobs from one week to the next. But those who have managed to...

5 Tips To Ensure Your Financial Investments Are Safe

The law governing financial crimes right across the UAE has been tightened up with the establishment of the Dubai Economic Security Centre. This body,...

Western Union Enables Money Transfers via Messenger

Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...

Investors Won’t Chase Gold Markets Next Week

Gold markets broke out to the upside past week. As of now, the market looks bullish and traders expect gold prices to reach towards...

Digital Finance Can Turbocharge Growth In Emerging Economies

Two billion individuals and 200 million micro, small, and mid-sized businesses in emerging economies today lack access to savings and credit. Even those with...

Start Path Global Startups Forecast a Fintech Future

Mastercard Start Path Global Startups Forecast a Fintech Future Applications currently being accepted for Start Path Global 2017 summer class Today, Mastercard announced opening...

FGB, NBAD Merger Creates World’s Largest Financial Institution

FGB and NBAD announce the new name of the combined bank New Bank starts trading on Abu Dhabi Securities Exchange under ticker symbol...

Regional Markets to Trade Sideways Short Term

US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...

March Wealth Sentiment Index Score Reflects Increasing Optimism

Index score increases from 1020.52 in to 1024.61, up by 0.4% FGB, one of the leading banks in the UAE, has announced the latest score...

Another step closer to VAT implementation in GCC

The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...

Regional Markets Expected to Trade Lower

Negative performance in the second week of March for six out of the eight major indices with Egypt increasing by a solid 4.4% Weakness prevailed...

Gold Prices Weekly Outlook: No Big Rally, No Fall

Gold prices closed lower for ninth session in a row last Friday. Strong U.S. employment data reinforced expectations of a Federal Reserve interest rate...

Dubai Financial Market launches ETF trading platform

Platform Falls Under New Regulatory Framework And Adheres To Global Best Practices The exchange hosts bell ringing ceremony to celebrate the launch of...

FGB Wealth Sentiment Index score up 0.3% in February

Index score increases from 1017.41 in January to 1020.52 in February 2017 FGB, one of the leading banks in the UAE, has announced the latest...

S&P affirms Abu Dhabi’s ratings

S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...