Finance

Finance

Emerging Markets Retail Banking Growth Slows

Retail bank growth across 12 emerging markets, referred to as the EM12, will slow according to a new report titled “Playing to Win, Retail...

Physical Gold Demand Hit 7-Year Low in 2016

After three years of losses, gold prices rebounded in 2016. As a result physical gold demand dropped 20 percent, its lowest since 2009, according...

UAE to begin implementing G20, OECD procedures for tax information exchange

The Ministry of Finance (MoF) has announced that the UAE will begin implementing the standards of joint disclosures and the exchange of information for...

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...

DGCX Traded 1.37 Million Contracts in January, $ 33 Billion

The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion. The exchange recorded its highest...

Industrial Commodities Prices to Surge in 2017

Tight supply, strong demand boosts energy, metals prices The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...

Markets sell-off may evolve into a prolonged scenario

In Monday early trading, European shares fell by their most in nearly three months, hit by a global sell-off in stocks and bonds as...

Bank Chiefs Optimistic About the Future

After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the...

Choosing the Best Trading Platform

A forex trading platform is a program that facilities the transfer of trading information between the broker and the trader. A trading platform offers...

Emaar Properties lists USD 750 million Sukuk on Nasdaq Dubai

Emaar Properties listed a 750 million US dollar Sukuk today on Nasdaq Dubai, the region's international financial exchange. The listing has raised the total value...

How to earn more money in 2016

In the beginning of 2016, "How to earn more money" is a dilemma for many people. Improving your income is one of the best...

Global gold demand reached record H1 levels

Global gold demand reached 2,335 tonnes (t) in the first half of 2016 with investment reaching record H1 levels, 16% higher than the previous...

GCC Bond Market to Continue Gaining Momentum Despite Lower Performance

GCC bond market expected to witness continued increase in the volume of issuances. · Increased demand from international investors due to relative stability and appealing...

Dubai Business Confidence Index rose 4.9 points

Domestic investments, boosted by preparations for the Expo 2020, along with the tourism and retail sectors continued to prop up business sentiments in Dubai...

Trump presidency could have far-reaching effects on Gulf finance

A Donald Trump presidency in the United States could have far-reaching ramifications for personal finance in the Gulf, according to the financial experts at...

UAE’s first Wealth Sentiment Index Launched

FGB, one of the leading banks in the UAE, launched the UAE’s first Wealth Sentiment Index at its annual Investment Conference today, which took...

Moving Money to Dubai

International money transfers are a significant topic for discussion for the 7.8m expatriates living in the UAE. It’s more of an issue in Dubai...

Oil prices whipsaw as regional markets weigh macroeconomic conditions

Oil declines to $50 a barrel after news on Russia’s no deal with OPEC After the major OPEC news last week, oil reacted positively and...

Mobile Money Make International Remittances Cheaper

The GSMA today issued a report entitled, ‘Driving a Price Revolution: Mobile Money in International Remittances’ that looks at the impact of mobile money...

Helpful Tips on How to Do Well in Binary Options

Though binary options deal with unregulated trading and would be mostly on the internet and may be prone to fraud, it is easy to...

Gold Prices: Flat, Higher or Sideways

Last Friday, gold futures extended their losing streak to a sixth straight session and posted nearly 5% loss for the week. That was the...

VAT in GCC – It’s coming, so how do we get...

To help businesses in the Gulf Cooperation Council (GCC) countries understand the potential impacts of the implementation of VAT, Deloitte in the Middle East...

Capital Markets & Investment Banking Forum

Over 50 investment professionals and CFA charterholders yesterday attended the Annual Investment Banking forum hosted by CFA Emirates in Madinat Jumairah Majlis on corporate...

Gold prices rally poised for a slowdown in the months ahead

Gold futures on Friday suffered their largest daily decline in two weeks, paring their gain for the latest week as the guesswork around the...