Finance

Finance

Community Development Authority signs MoU with Emirates NBD

To jointly launch a programme on finance management The Community Development Authority (CDA) signed a Memorandum of Understanding (MoU) with Emirates NBD to strengthen mutual...

GoldMoney Completes “GoldMoney Standard” Testing

GoldMoney, one of the world’s largest providers of physical bullion for investors, has completed testing of all the gold bars stored for customers in...

Investment Opportunities and Risks Resulting From Global Drought

New Stock Screen Introduced for Drought-related Issues The ongoing drought is the worst in the United States since at least 1956, with 63 percent of...

FIO undertakes strategic study to further boost foreign direct investment potential...

The Foreign Investment Office (FIO) mentored students from the SP Jain Center of Management to undertake a study of the key strategic areas related...

Ministry of Finance celebrates the 40th anniversary of UAE

Ministry of Finance held its second event in celebration of the UAE’s 40th anniversary at its headquarters in Dubai, following its first celebration in Abu Dhabi on Monday.

Grant Thornton offers corporate governance solutions at annual congress

In line with UAE’s new corporate governance law to be introduced in April 2010 Grant Thornton UAE gold sponsors of 4th Annual Corporate Governance...

Gold coins or faceless money (Part Two)

Just what do those bridges and windows on Euro banknotes mean...? So in trying to match ancient Rome's monetary reach, the Euro is running pretty...

UAE financial markets to close on Thursday

Securities and Commodities Authority(SCA) has announced that the financial markets nationwide will close on Thursday, Nov. 15, and resume transactions on Sunday, Nov. 18,...

Bank of Japan Introduces Astonishing Stimulus Package

*Written by Marcus Holland from Options-Trading.com The decision comes with all kinds of risks, but Bank of Japan Leader Haruhiko Kuroda’s goal was to achieve...

Aabar Investments initiates a process to turn the company private

Aabar Investments board of directors signed off on the plan to turn the company private at a meeting on Thursday. In  another meeting,...

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...

Infrastructure and Economic Diversification to Drive Saudi Private Equity Market

With the steady population growth propelling continuous infrastructure development, Saudi Arabia is considered the next big market for private equity and venture capital investors,...

Ajman Bank reports sustained growth in 2010 financial performance

Net profit reaches AED 4 million, up from AED 1.1 million in 2009 Income from core banking activities rises to AED 144 million,...

Abraaj Capital and Capital Investment enter into strategic partnership for Acibadem...

Abraaj Capital, the premier investment firm specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) region, announced today...

Dubai Gold and Commodities Exchange reaches out to UAE gold traders

Hedging tools that can help gold traders to manage price risk in the precious metal and boost profitability Effective hedging tools will be critical...

UAE Banking Sector grew 66 percent in Q1 of 2011

In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...

Trade Gold in Electronic Form from Dubai, UAE

Enables customers to buy gold in electronic form Operates like foreign currency account designated with XAU currency code Focus on Emirates NBD customers with existing current...

Investors most pessimistic since summer 2011 sovereign crisis

Markets on ‘Pause’ Ahead of Expected Policy Responses Fears of a global economic slowdown have come sharply back into focus, and expectations of decisive action...

DMCC successfully redeems US$200 million sukuk

Final US$20 million repayment on five-year Islamic bond made on schedule Demonstrates underlying financial strength of DMCC Underscores rapid growth...

Dubai Investments unveiled mixed-use project Mirdiff Hills

Part developer of some of the most popu­lar residential communities in town, Dubai Investments has lifted the curtain on Mirdiff Hills, a Dh2 billion...

UAE bourse emerges star Arab performer

The UAE bourses emerged as the star performers in the Arab world in the first few weeks of 2013, with the markets of Abu...

The Offshore Investment Conference returns to Dubai

Following on from the success of last year’s event, The Grosvenor House Hotel, West Marina Beach, Dubai will once again be welcoming many of...

Repositioning Private Capital: Money Movements Around The Globe

More than a tenth of the world’s ultra high net worth wealth is managed by Swiss banks and it is estimated at approximately CHF3...

Investment in gold is timeless

Gold is perhaps the world’s most liquid investment trading throughout the world daily. The market never closes and you can buy and sell  the...