Ernst & Young named ‘Best Accountant – Auditor’ by Banker ME

Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011

Dubai plans a US $1.8 billion bond issue

On Monday, the finance chief of Dubai announced plans of the government to issue a bond to refinance part of its debt maturing in...

Dubai to Offer Digital Currency Payments

Citizens and residents of Dubai will be able to make digital currency payments for school fees, bills and retail purchases with a stable cryptocurrency...

DGCX launches Middle East’s First Derivatives Trading Academy

Exchange seeks to extend benefits of derivatives trading to wider business community DGCX Academy to offer broad range of educational programmes Dubai Gold and Commodities Exchange...

Kuwait Stock Exchange suspended trading until November 17

The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...

Fitch affirms ratings of 11 UAE Banks

“The affirmation of the banks' Long-Term IDRs, Support Ratings and Support Rating Floors, except for Emirates Islamic Bank PJSC (EI) and Commercial Bank International...

Dubai World silence causes concern

Since the November standstill announcement, little information was released from either Dubai World or the government to reassure investors. Discussions with creditors have been...

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...

Equities trading volumes on NASDAQ Dubai rose to 175 mn shares...

Equities trading volumes on NASDAQ Dubai rose to 175 million shares in August 2009, up 80% from 97 million reported in August 2008. The increase...

DIB named top performer in UAE banking sector in latest YouGov...

Bank recognised as leader in quality, value for money and corporate reputation in BrandIndex poll Reflecting its unique heritage and focus on customer...

S&P upgrades Emaar rating on recurring income

The good performance of Dubai-based property company Emaar Properties PJSC's leasing and hospitality assets, and fewer handovers of developments, has raised the proportion of...