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Wednesday, December 13, 2017

Finance

Finance

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

VAT in GCC: Are Your Accounting Systems Ready?

Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices. The law, which comes into...

Daily Forex Analysis

Following Friday's U.S. Employment figure, the best in three years, risk taking returned to the marketplace, according Forex analysis provided by ForexYard. Additionally, the...

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...

Retail loans expected to lift earnings for UAE banks

Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...

Citizenship by Investment? Here Are The Top 10 Countries

Professional Wealth Management, a publication from the Financial Times, has today launched the world’s first comprehensive guide to the programmes that populate the economic...

Industrial Commodities Prices to Surge in 2017

Tight supply, strong demand boosts energy, metals prices The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...

Emaar Malls Group LLC gears to sell 2 billion shares...

Emaar Properties PJSC (EMAAR), which is the most actively traded company in Dubai, is seeking to raise as much as $1.58 billion from the...

Where and How to Invest in Dubai: Trends and Opportunities

Dubai FDI releases report on investment prospects across key sectors in the emirate Dubai FDI, the foreign investment agency in the Department of Economic Development...

Why the Middle East Is Betting on a Solar Future

Just how cheap has solar energy gotten? To give you an indication, Middle Eastern countries from Saudi Arabia to the United Arab Emirates are...

Abu Dhabi Investment Authority Publishes 2012 ADIA Review

The Abu Dhabi Investment Authority (ADIA) today published its 2012 ADIA Review, providing a thorough overview of its activities over the past year while...

Dubai Parks and Resorts Launches Initial Public Offering

AED 2.5 billion Offering now open to investors Dubai Parks and Resorts PJSC (under incorporation) (“Dubai Parks and Resorts” or the “Company”), a subsidiary of...

Digital Payments Giant Debuts on Fortune Future 50 List

Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...

UAE Central Bank kicks off Direct Debit System

Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...

GCC GDP on Growth Path despite Oil Price Decline

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...

GCC banks report single digit profit growth

Net earnings of GCC banks under Global Investment House's coverage increased 4.7%YoY to USD5.3bn in 4Q15. Net profit of banks in the UAE increased the...

How to earn more money in 2016

In the beginning of 2016, "How to earn more money" is a dilemma for many people. Improving your income is one of the best...

Nasdaq Dubai, MSCI To Develop Regional Index Derivatives

Nasdaq Dubai has announced that it signed a licence agreement with the Modern Index Strategy, MSCI, under which the exchange will use MSCI’s regional...

Layoffs in UAE banking industry on the rise

According to recent Reuters and Bloomberg reports, layoffs within UAE's banking industry are on the rise despite that the majority of banks reported strong...

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...

UAE Central Bank to launch discount window for banks

The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...

$773 billion worth ADIA bullish on diversifing emerging markets

The Abu Dhabi Investment Authority, ADIA, today published its 2013 ADIA Review, providing a thorough overview of its activities over the past year and...

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...

Dubai’s Real Estate Market Leader IPO Set for Early November

Emaar Properties board chairman Mohamed Alabbar on Saturday said he expects that a 30% stake of Emaar Development will be offered for public subscription...