Sunday, May 27, 2018

Finance

Finance

Global Assets under Management to Double by 2025

As the world's population starts to live longer, there's one industry set to capitalize on retirement plans. The asset and wealth management sector is set...

NCR First in UAE to Introduce Bitcoin ATMs

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE,...

Will looming VAT, corporate tax hurt UAE expats?

For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar… Over the years, one...

Emirates to Mandate Banks for Investor Meetings

Emirates, the world’s largest international airline, has mandated Citi and Standard Chartered Bank as Global Coordinators and Joint Lead Managers, along with Abu Dhabi...

Abu Dhabi Priced a USD 10.0 billion International Bond Offering

Abu Dhabi successfully prices USD 10.0 billion multi-tranche bonds, demonstrating strong investor confidence in its unique and solid credit fundamentals · The bonds priced at...

Number of Billionaires Jumps 10% Worldwide

UBS/PwC Billionaires Report 2017: Return to Growth for Billionaires Globally, with Asia Outpacing the US for the First Time Globally, the total wealth of billionaires...

Late payments on the rise in UAE

During the past few months, more UAE companies are reporting late payments as liquidity tightens due to the prolonged effect of low oil prices...

S&P affirms Abu Dhabi’s ratings

S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...

Have you heard that secondary mortgages are temporary suspended?

"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...

Who Is Propping Up The Bitcoin Market?

In a research note published in December, Deutsche Bank Global Financial Strategist Masao Muraki outlined the typical profile of a potentially large constituency of...

Gold Prices Sensitive to Interest Rates

Gold prices remained steady in the early trading hours on Monday as the dollar eased and Asian stocks firmed, with the metal holding near...

5 Reasons Why Young People Can’t Save Money

Minor indulgences are the top five reasons why young people can't save money. Older generations spend on the same temptations but significantly less. Millennials spend...

Financial Crisis for real

Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)" While many will say that the Middle East shouldn’t pretend its not happening,...

5 Ways Living in Dubai is Costing You

Staying on a budget while living in Dubai is incredibly difficult. Learn how you can organize your personal finance to stay on budget while...

Dar Al Sharia recognised as ‘Best Sharia Advisory Firm’ by Islamic...

Dar Al Sharia, Dubai Islamic Bank’s (DIB) Sharia consultancy and Sharia advisory subsidiary, announced today that it has been recognised as the “Best Sharia...

A Campaign To Encourage Personal Saving Launched in Dubai

National Bonds, a leading UAE investment company, has launched a nationwide campaign to encourage UAE residents to identify personal challenges to saving in a...

Emirates Eet to Close US$600 Million Sukuk

Emirates is pleased to announce a successful execution of a US$600 million sukuk (Islamic finance issuance). The issuance received a good response from both...

US Federal Reserve System Raises Base Interest Rate

The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...

Middle East banks to get richer

Banks in the Middle East seize opportunities for global expansion Bank M&A transactions set to outpace GDP growth in emerging markets World trade flows, increased gross...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

JLL’s Report Reveals New Opportunities for Investment in Healthcare

With the current shortage of hospitals, clinics and other healthcare facilities, an ageing population and the rise of medical tourism, there is a pressing...

’The Wealth Report City Series – Dubai Edition’ Unveiled

To coincide with the launch of the 2018 Knight Frank Wealth Report, which provides the global perspective on prime property and wealth, Knight Frank...

Top 10 Diamond Mining Companies for 2012

1. Russia: Mirna Mine Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...