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...

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...

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...

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...

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...

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...

Optimistic Forecast: UBS Sees Gold Price Averaging $1,350 in 2017

Swiss bank UBS forecasts gold price to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant declines...

US Federal Reserve System Raises Base Interest Rate

The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...

5 Unexpected Expenses You Should Expect

Having an emergency fund is not so uncommon today. Most people meticulously save for things like holidays, retirement and a special personal treat every...

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...

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,...

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,...

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...

UAE’s Private Education Market Will Grow by 40% in 5 Years

According to a new report today by The Boston Consulting Group (BCG), entitled ‘Where to Invest Now in the GCC Private Education’, the UAE’s...

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...

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...

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...

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...