DFM voted ‘Best Exchange for Investor Relations’ in the Middle East
Dubai Financial Market (DFM) has been honored with the 'Best Exchange for Investor Relations' in the Middle East award during the inaugural ceremony of...
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...
DMCC launches Online Services for members through Dubai Trade Portal
Dubai Multi Commodities Centre, (DMCC) today announced the launch of online electronic services (eServices) for its members on the Dubai Trade Portal (www.dubaitrade.ae). This...
MSCI extends review for reclassification of UAE from frontier status
MSCI announced it will extend review for reclassification of the U.A.E. and Qatar from frontier status “in order to give additional time for market participants to assess the effectiveness” of the new payment systems in the exchanges.
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
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...
Dubai Mercantile Exchange gets support from existing Investors
Global derivatives marketplace CME Group and Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman, will increase their investments in the...
DFM lists two Sukuk issues for the Government of Dubai
Dubai Financial Market ( DFM ) announced on Monday the listing of two Sukuk issues for the Government of Dubai with a total value...
Emaar seeks $800 mln loan guaranteed with shopping malls
Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...
DAMAC Properties to Facilitate Property Buying in Crypto
Leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Global investors display renewed optimism; Risk appetite on the rise
Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for risk
Gold prices poised to strengthen in the week ahead
Gold prices will aim higher next week on the back of a renewed market volatility.
Despite that the Comex February gold futures were unable to...
Emerging Markets hedge funds lead Q3 gains
Emerging Markets hedge funds extend YTD gains as local equity, currency markets rebound
Dubai Financial Market Performance in February 2013
The Dubai Financial Market General Index rose 2.1% to 1927.1 points at the end of February compared to 1887.6 points at the end of...
MENA stock markets’ outlook still one of the sizable risk
In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...
Investment sentiment for hotel assets strengthens across EMEA
According to Jones Lang LaSalle Hotels’ latest Hotel Investor Sentiment Survey, investment sentiment for hotel assets has strengthened across EMEA with yield and IRR...
UAE Central Bank’s governor calls for reduced interest rates on loans
Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...