NASDAQ Dubai amends business rules rulebooks
NASDAQ Dubai members and market participants are hereby notified that the DFSA has granted approval of amendments to the NASDAQ Dubai Business Rules, Rulebook...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
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...
Ethereum as Crypto Growth Driver
Market picture
The crypto market settles at a $2 trillion cap level, up 0.8% on the day. Altcoins are once again driving growth, while the...
Investors see potential in organic farming
Large-scale changes in the so-called food system cannot happen without the help of big investors. Even though most of them prefer to take short-term,...
Government of Sharjah Issues Debut 10-year Sukuk
The Government of Sharjah has today announced the issuance of its debut transaction in the Debt Capital Markets, a US$ 750 million 10-year Sukuk...
DFM Company net profit surges 140% during the first half of...
Dubai Financial Market Company (PJSC) announced its financial results for the first half of the year ending June 30th 2012, recording a net profit...
Small business finance in the search of innovative solutions
Alternative Financing - the small business finance alternative during economic uncertainty
As a consequence of the distressed and even recovering economy, few commercial lenders are...
AED 55 billion worth of bounced cheques in 2011
UAE central bank reports AED 55 billion worth of bounced cheques in 2011.
Financial systems across the world are stalling
World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling
Hong Kong tops the Financial Development Index; top six...
Banking sector- the most targeted for cybercrime in UAE
Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue...
Moody’s Analytics launched its office at DIFC
Launch of DIFC (UAE) office reinforces commitment to Middle East
Moody's Analytics, a leading provider of risk management solutions to the banking and capital markets,...
Facebook stock falls nearly 47% below IPO price
Facebook stock fell to a new low Thursday after the expiration of a ban that had stopped some investors and insiders from dumping millions...
Don’t Think Your Wife Spends Too Much Money
When a husband thinks his wife spends too much money, whether it's reality or perception, financial and marriage problems follow.
A new multi-state study looked...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...
Foreign investors purchase AED 1.117 billion worth of shares on DFM...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...
Private Equity deals on the rise in 2012 in Middle East
Private Equity Investors vie for opportunities in defensive sectors
Middle East private equity investors are increasingly seeking opportunities in defensive sectors, according to Deloitte. Education,...