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Monday, September 25, 2017

Finance

Finance

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...

Dubai Financial Market performance in April 2012

Dubai Financial Market General Index decreased by 1.1% to 1631 points at the end of April compared to 1648.9 points at the end of...

Emirates Money sponsors Indian Institute of Management alumni meeting in Dubai

Emirates Money demonstrates commitment to supporting higher education, local community In line with its commitment to supporting the advancement of higher education and...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

UAE Central Bank caps mortgage lending

Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.

State Bank of India launches Corporate Banking Services from DIFC

Global Fortune 500-listed State Bank of India (SBI), has started providing a complete range of banking services from its base in the Dubai International...

Ongoing Rise in Optimism for 2014 Growth, Fund Manager Survey

Investors start 2014 more optimistic about global growth prospects, especially for the U.S. but increasingly for Europe as well, according to the BofA Merrill...

2011 MENA M&A deal volumes up by 4%; values decrease by...

Total Mergers & Acquisitions (M&A) deal volumes in the Middle East and North Africa (MENA) region registered a rise of 4% last year, from 401 in 2010 to 416 in 2011

Gold on track for biggest monthly gain since 2002

Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...

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...

NBAD’s Q3 net profit rise 41% to Dh 914 million

National Bank of Abu Dhabi (NBAD) recorded net profits of Dh914 million in the third quarter of 2009, an increase of 41% compared with...

Merrill Lynch Wealth Management strengthens Middle East team

Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...

DIFC Reveals New Investment Opportunities

Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), has today published the “DIFC...

Index dropped to the lowest since August 2007

The Dubai Financial Market General Index dropped today to the lowest since August 2007, tumbling 3.4 percent to 4,114.74. Foreign investors were net sellers of...

CFA Emirates congratulates new charterholders at Annual Charter award ceremony

Last night the President and Board of CFA Emirates, the association for...

DGCX First Quarter Volumes Up 112%

Exchange trades 3,281,234 contracts in the first quarter March volumes total 1,072,052, a 95% rise from 2012 Indian Rupee futures grows 104% year-on-year March volumes on the...

UAE company to invest in Bulgarian agriculture

UAE-based investment company Al Barakah has shown interest in developing agriculture and farming projects in Bulgaria. This transpired after talks between Bulgaria’s agriculture minister...

ADCB issues US$1 billion bonds

Abu Dhabi Commercial Bank (ADCB), the Emirate of Abu Dhabi's second-largest lender by total assets, has said that it had agreed to issue US$...

Dubai Financial Market secures two thirds of Nasdaq Dubai purchase

Dubai Financial Market PJSC paid two thirds of its acquisition of Nasdaq Dubai and transferred 80 million of its shares to NASDAQ OMX Group...

Extraordinary GM meeting approves transforming Aafaq to Public Shareholding Company

The Islamic Finance Company PJSC (Aafaq) recently held its extraordinary General Assembly meeting at the Jumeirah Beach Hotel, Dubai, under the chairmanship of H.E....

Emirates NBD ranked largest bank in Middle East by Global Finance

// In a clear sign of its dominant market position, Emirates NBD has been ranked the largest bank in the Middle East by Global...

Why Now Is Not The Right Time To Invest

Failure by the world’s largest borrower to pay its debt will devastate stock markets across the globe.

Individual investors increase share of equities trading to 11.6% in May...

Individual investors on Nasdaq Dubai increased their share of equities traded value on the exchange to 11.6% in May 2011, up from 8.9% in...

Regional Investor Appetite Shows Cautious Recovery

Investment trend likely points to oil as commodity inches towards $50 The second week of May saw buyers bravely step back into the markets after...