Wednesday, January 24, 2018

Finance

Finance

Asian Hedge Funds top Equity Markets again in 2011

Asian hedge funds outperformed volatile regional equity markets in 2011, marking the second consecutive year of such outperformance, according to data released today by HFR

UAE Stock Markets Reach Fresh Multi-year High

UAE stock markets reached fresh multi-year highs as trading volumes increased, but some market players said valuations were starting to appear stretched and a...

A Record Of 2,170 Billionaires Worldwide Registered

Wealth-X and UBS Billionaire Census 2013 shows Asia as fastest growing region with 18 new billionaires in 2013

DIFC releases report on progress towards GCC monetary union

A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was...

Dubai shares slump to 7-year low

Dubai’s benchmark index fell to the lowest in almost seven years, as...

Precious Metals May Drop 8% Over 12-Month Period

Goldman Sachs Group Inc., a full-service global investment banking and securities firm which recommendations are capable of moving financial markets, yesterday pared its 12-month...

2013 will see improved IPO activity

After a slow start to 2012, momentum lifted in the second quarter, but significant macroeconomic volatility and changes in political leadership in many parts...

Talal Mohammed Al-Mazrooei appointed Head of Sales at Emirates NBD

Strengthens bank’s outreach strategy in Dubai and Northern Emirates Appointment of young UAE national in line with bank’s...

Cutting UAE to neutral; Upping Qatar to overweight

UAE graduation to GEM a plus, but investment outlook reduced While the MSCI decision to raise the UAE to GEM status is a positive surprise,...

Emirates NBD named Asia’s Best Brand at 2011 CMO Asia Awards

Award recognises mind, market and commitment share of Emirates NBD brand among consumers Highlights achievement of Emirates NBD’s international expansion strategy Emirates NBD, a leading bank...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

J.P. Morgan Acquires New European Investment Bank Headquarters in London

J.P. Morgan today announced major real estate investments in London, including the acquisition of 25 Bank Street in Canary Wharf, which will become the...

Tabreed announces record results

National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...

DFMGI lost 1.16%

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...

ACE Launches Operation in Dubai International Financial Centre

The ACE Group of insurance and reinsurance companies announced today that it has been granted a license from the Dubai Financial Services Authority to...

Interest Rate Differentials Trigger Dollar Selling

The US dollar sold off today in favor of higher yielding currencies with the largest gains seen in the euro and Aussie dollar. The...

Dubai World silence causes concern

Since the November standstill announcement, little information was released from either Dubai World or the government to reassure investors. Discussions with creditors have been...

Emirates NBD showcases consumer finance products at Arabian Centre mall

Bank to offer guidance on personal finance solutions at third outreach event at local shopping centre In line with its commitment to reach...

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...

Dubai Ruler’s media office denied earlier report for debt arrangements

Dubai denied on Sunday an earlier Dow Jones report that it is mulling a two-part deal, including one that may repay lenders 60 percent...

UAE is the Biggest Gulf Exporter of Capital

The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...

Dubai Islamic Bank offers auto finance at profit rates starting from...

1. Al Islami Auto Finance available for up to 72 months 2. Minimum monthly salary requirement of AED 3,000 3. No down payment or salary transfer...

Investment opportunities drive Indian, Russian and Chinese capital into UAE

2013 Invesco Middle East Asset Management Study ‘South-South’ trade in action - local investment opportunities drive Indian, Russian and Chinese capital into UAE The United Arab...

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

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