Friday, April 27, 2018

Finance

Finance

FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet

In support of the UAE’s goal to become a cashless economy, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...

Nasdaq Dubai Launches Futures On ADX Share Index

Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange, ADX, and Hamed Ali, Chief Executive of Nasdaq Dubai, rang the ADX market opening...

FAB launches its Global Investment Outlook 2018

The bank is bullish on equities for 2018, although expects increased volatility First Abu Dhabi Bank (FAB), the UAE’s largest bank, and one of the...

Global Financial Markets See Short Term Prosperity; Long-Term Challenges

Recent economic growth and the rise of equity markets suggest optimism for the future of global finance Brexit negotiations, questions about the dollar...

Cryptocurrencies See Short Term Bubble; Long Term Staying Power

The valuations and varieties of crypto-assets now available have raised fears of an overheated market However, with smart regulation and further innovation, crypto-assets...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

EMAAR DEVELOPMENT Now Included into DFM General Index

Dubai Financial Market announced that the shares of EMAAR DEVELOPMENT will be added to its general index (DFMGI) and to sector indices as of...

Who Is Propping Up The Bitcoin Market?

In a research note published in December, Deutsche Bank Global Financial Strategist Masao Muraki outlined the typical profile of a potentially large constituency of...

2018 Market Outlook: Macro Bullish

Inflation could be a global game-changer for stock and credit markets Global economic growth accelerates BofA Merrill Lynch Global Research issued a bullish macro...

NCR First in UAE to Introduce Bitcoin ATMs

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE,...

Nasdaq Dubai Launches Futures In ADNOC Distribution, Emaar Malls

Nasdaq Dubai launches futures on Abu Dhabi National Oil Company for Distribution, ADNOC Distribution, and Emaar Malls, to enable investors to take positions on...

Bitcoin Investors Beware: Highly Volatile, Lacks Regulations

Global banking regulator sends a warning to bitcoin investors Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden's Riksbank, said...

ADNOC Public Offering Receives High Interest from Investors

Following the initial announcement of the public offering of ADNOC’s shares in the United Arab Emirates, the market continues to show a healthy appetite...

Dubai Investments Raises Foreign Ownership Cap to 49%

Dubai Investments PJSC , the leading, diversified investments company listed on the Dubai Financial Market, has raised foreign ownership limit in the company from...

Investors Search for Good Investment Opportunities in New IPOs

Regional markets witnessed a positive performance on the last day of the week with almost all indices ending the day in green, however, this...

Nasdaq Dubai to Create Futures on Emaar Development

•    To enable investors to take a position on share price   •    Move  supports liquidity of underlying shares with SHUAA Capital as Market Maker  •    Number...

Customers Who Pay By Card Less Likely to Remember Paid Amounts

The transparency of spending money depends on the mode of payment used: cash, single-function cards that offer only a payment function, or multifunctional cards...

A Campaign To Encourage Personal Saving Launched in Dubai

National Bonds, a leading UAE investment company, has launched a nationwide campaign to encourage UAE residents to identify personal challenges to saving in a...

Strong Oil Prices Expected to Have a Positive Effect on Trading...

For the second week in a row, tech companies powered US markets’ with APPLE’s stellar earnings driving the markets to another set of all-time...

Confirmed: Dollar Appreciation Hurts Emerging Markets

A strong dollar is not so good for emerging markets, according to new research co-authored by Valentina Bruno, an associate professor of finance at...

Emaar Development IPO Seeks up to $1.5 Bln

Emaar Properties is looking to raise as much as $1.5 billion from the sale of shares in its development unit in Dubai's first major...

Global Assets under Management to Double by 2025

As the world's population starts to live longer, there's one industry set to capitalize on retirement plans. The asset and wealth management sector is set...

Investors Regain Confidence in Regional Markets

October is looking to close out with a wave of optimism. Global markets ended the week on a positive note led by US equity...

How Will China’s Bitcoin Ban Impact the Cryptocurrency Market? 

Chinese regulators have always taken issue with cryptocurrency. In September, they decided to implement a comprehensive ban on financial platforms that allow people to...