What is Fiscal Cliff? Everything You Need To Know
Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors.
What does the fiscal...
AXA Insurance Gulf launches its online services
1. Customers can now buy and renew motor policies online
2. Get a quote in less than a minute
3. 5% discount for buying a new...
U.S. Stocks Jump Most in Year on Europe Loan Package
Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...
DFM Company net profit surges 140% during the first half of...
Dubai Financial Market Company (PJSC) announced its financial results for the first half of the year ending June 30th 2012, recording a net profit...
Investors see potential in organic farming
Large-scale changes in the so-called food system cannot happen without the help of big investors. Even though most of them prefer to take short-term,...
Government of Sharjah Issues Debut 10-year Sukuk
The Government of Sharjah has today announced the issuance of its debut transaction in the Debt Capital Markets, a US$ 750 million 10-year Sukuk...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
Talal Mohammed Al-Mazrooei appointed Head of Sales at Emirates NBD
Strengthens bank’s outreach strategy in Dubai and Northern Emirates
Appointment of young UAE national in line with bank’s...
Trading activity to be driven by movement in global markets, oil...
The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...
Ban on insiders’ trading took effect on Sunday
A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on Sunday, 17th March 2019, in...
Aabar assets reach $10 billion
Abu Dhabi's Aabar Investments, which has stakes in Daimler AG and Virgin Galactic, said that its assets have grown to $10 billion and that...
BofA Merrill Lynch Fund Manager Survey finds sentiment moving against...
Investors expressing preference for corporate over sovereign risk
Investors have recovered their bullishness towards equity markets but are shifting their focus away...
Ethica Institute Makes History at Mashreq Bank
For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...
Most investors believe fiscal cliff is not yet priced in to...
BofA Merrill Lynch Fund Manager Survey Finds - U.S. Fiscal Cliff Dampens Rising Economic Optimism
While positive sentiment towards the global economy and equities continues...
Moody’s Analytics launched its office at DIFC
Launch of DIFC (UAE) office reinforces commitment to Middle East
Moody's Analytics, a leading provider of risk management solutions to the banking and capital markets,...
Facebook stock falls nearly 47% below IPO price
Facebook stock fell to a new low Thursday after the expiration of a ban that had stopped some investors and insiders from dumping millions...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...