Sunday, October 21, 2018

DGCX 2012 Volumes Reach All-Time High of 9.6 Million Contracts

2012 volumes rise 137% from 2011 to trade 9,601,553 contracts Currency futures volumes reach 8,880,403 contracts, up by 149% Gold Futures rise 42% from last year...

Traders bullish on GCC bourses in 2014

UAE markets surged on Monday in an unusual year-end trend as investors bet on a bullish 2014 outlook. Abu Dhabi’s index climbed 1.6 percent to...

Bankruptcy and Financial Restructuring Law to apply to individuals in UAE

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

Barclays cuts 2016 gold and silver price forecasts, but safe haven...

In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017. "Overall, while...

UBS appoints Ali Janoudi to Middle East and North African role

UBS today announces the appointment of Ali Janoudi, who will be responsible for the Saudi Arabia and Near East/Northern Africa Wealth Management business in...

Dubai Among Top Cities for Global Investors in 2014

Dubai is among this year’s most attractive top cities for global investors. In addition, investment volumes in the country have increased dramatically for less...

A few tips for property investors in 2016

2015 was a year of speculation and fluctuation, from oil prices to interest rates. But the global economic recovery, by and large, maintained an...

Al Rajhi Capital and Arcapita announce launch of USD500 million Real...

Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank B.S.C.(c), an international investment firm headquartered...

DFM Index plunges nearly 2.5%

Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...

NASDAQ Dubai amends business rules rulebooks

NASDAQ Dubai members and market participants are hereby notified that the DFSA has granted approval of amendments to the NASDAQ Dubai Business Rules, Rulebook...

DFM General Index up 2.46%

Dubai Financial Market General Index (DFMGI) added nearly 2.46%, or more than 44 pts, to settle at 1858.25. It hit an intraday high of...

The Winning Industries for World’s Richest People

The annual Billionaires Index was just released by Bloomberg. According to it, the total net worth of the billionaires included in the list has...

Mohammed Bin Rashid Fund launches two programs to inspire new business...

AED 250,000 in Seed fund and credit guarantee on up to AED 3 million on offer for Emirati entrepreneurs The Mohammed Bin Rashid Fund (MBRF)...

How Much Are You Worth?

Are you uninsured or insured? Well, in both cases you better think about it more seriously. Your life may depend on just a piece...

Foreign investors purchase Dhs1.852bn worth of shares on DFM during the...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (13 - 17 Dec.)...

Escaping Cash in the Bank

US and UK inflation rose faster than interest rates in June. Get used to it... JUST WHY DO people choose to buy gold and silver?...

Saudi eXtra IPO opens for subscription on December 5, 2011

IPO to open to all Saudi nationals following completion of book-building process

Uncertainty drives US Dollar higher

Situation in the US remains relatively better than the European Markets continue to show deep concerns over a potential shock from Greece exiting the Euro...