2018 Market Outlook: Macro Bullish

Inflation could be a global game-changer for stock and credit markets Global economic growth accelerates BofA Merrill Lynch Global Research issued a bullish macro...

AMAN’s AGM approves 7.5% bonus shares

Dubai Islamic Insurance and Reinsurance Company (AMAN) has successfully concluded its Annual General Meeting (AGM) yesterday (March 22, 2011) at ‘The Emirates Towers’ Hotel...

Emirates NBD wins Financial Sector Technology award for best systems integration...

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today that it has won the 2010 Financial Sector...

Al Etihad Credit Bureau begins to issue credit reports to individuals...

Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...

Western Union Enables Money Transfers via Messenger

Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...

UAE Central Bank to introduce the Direct Debit System

The Central Bank of UAE has announced the introduction of the ‘Direct Debit System' in the UAE with effect from 15th June 2013, according...

Investors Concerned about Overvaluation in Equity, Bond Markets

Investors see growing overvaluations in equities and bonds and have signaled concern about a valuation bubble forming, according to the BofA Merrill Lynch Fund...

Dubai Financial Market gains nearly 100% in 2013

Dubai has a new record to brag about! The city's stock market doubled in value this year. The Dubai Financial Market Index hit a fresh...

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

Emirates NBD unveils largest illuminated National Flag in UAE

Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...

People in UAE can now pay Zakat and alms fees through...

In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...

DFMGI closed the week in the red

Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend. The gauge inched down 0.73%, or 11.69 pts,...

Emerging Markets hedge funds lead Q3 gains

Emerging Markets hedge funds extend YTD gains as local equity, currency markets rebound

Luxury Hotels Market Struggle with Decreased Demand in 2013

Luxury hotels have become less attractive for investments, according to a recently issued paper on the current trends in hotel development by a...

DFM General Index slumps 5.76% to below 1800 pts

Foreign investors net DFM buyers by AED 40.21 mln Dubai Financial Market General Index (DFMGI) ended today’s session in the red, plummeting 5.76%, or more...

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...