Finance

Finance

Global Investment Funds Increase Allocations to UAE

Inflows to Frontier Market funds, which have been a key driver of outperformance relative to emerging markets, resumed after a small pullback in June,...

Middle East investment banking fees up 22%

Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.

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...

GCC consumers would benefit from reforms in the financial services industry

*According to a new leadership roundtable report from Insight Discovery GCC consumers stand to benefit enormously from the adoption of global best practice by the...

Dubai Financial Market lost 3.61% today

Foreign investors net DFM sellers by AED 7.20 mln Dubai Financial Market General Index (DFMGI) ended Tuesday's trading on a broad decline of 3.61% to...

IBQ extends merchant partner programme with new dining promotion on premium...

Offers cardholders up to 15 % discount on dining at top hotels in addition to 5% Cash Back New promotion in...

DoF honoring Al Ain Municipality for Submitting 2010 Budget before Other...

The Department of Finance in Abu Dhabi held a ceremony to honor the Al Ain Municipality, in recognition of its outstanding performance in providing...

DFM General Index up 1.17%

Foreign investors net DFM sellers by AED 29.23 mln Dubai Financial Market General Index (DFMGI) finished Wednesday at a significant gain of 1.17%. It settled...

Emirates Celebrates Listing of a $913 Million Sukuk on Nasdaq Dubai

Listing underlines Dubai’s growth as global Capital of Islamic Economy Nasdaq Dubai supports global visibility of airline’s Islamic capital-raising activities His Highness Sheikh Ahmed Bin Saeed...

Goldman revises gold price forecast for 2014

Gold prices will probably drop at least 15 percent next year as commodities face increased downside risks even as economic growth in the U.S....

Emirates NBD to utilize services of Fitch Ratings, Moody’s, Capital Intelligence

Emirates NBD discontinues use of S'&'P Ratings Emirates NBD announced today...

Investment Dar reaches Majority Agreement on Standstill

Investment Dar announces today that a majority of its banks and investors have now joined the Standstill Agreement previously entered into with the Coordinating...

Lloyds TSB Middle East announces third Undergraduate Programme for UAE nationals

Lloyds TSB Middle East, part of one of the world’s largest banking groups, today announced the launch of the third annual Undergraduate...

Five Safe Investment Themes for 2014

We all want more, more! Greed drives not only the stock markets or the property markets.

NBAD wins Retail Bank of the Year Award

The National Bank of Abu Dhabi (NBAD), has won the Retail Bank of the Year award as judged by Arabian Business Achievement Awards 2009. "We...

COMPANIES UNDERTRADED

To many observers, the levels to which share prices have plunged in reaction to the international financial collapse are very attractive indeed, as...

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...

Methaq Takaful Insurance extends discount offers

Methaq Takaful Insurance Company extends its discount offers launched in Ramadan to Eid Al Adha and opened the BlackBerry service to communicate with the...

Gold and Silver Advance on Improving Economic Data

On Monday, gold futures advanced for the fourth consecutive session. Silver futures surged to above $21 for the first time since the middle of...

Gold Demand Falls as Consumer Appetite Declines in Asia

The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% compared to...

GCC and MENA markets followed global markets decline

Like the rest of the GCC and MENA markets, UAE stock markets ended on a negative note for the third session in a row...

Meltdown turns spotlight on Islamic finance

The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...

Dar Al Takaful partners with Zaabi Insurance Brokers in Umm Al...

Dar Al Takaful PJSC, an Islamic Insurance & Reinsurance Company, has announced its partnership with Al Zaabi Insurance Brokers in Umm Al Quwain. The...

DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...