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DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...

Al Jazeera steel of Oman debuts on Dubai Financial Market

The leading regional exchange welcomes its first ever Omani listing Dubai Financial Market (DFM) today announced the listing of Al Jazeera Steel Products Co., incorporated...
corporate debts analysis by Aberdeen Standard Investments

Resilience of Corporate Debt in Emerging Markets Expected to Continue

The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...

Central Bank approves regulation for classification of loans

The Board of Directors of Central Bank of the UAE held its 6th meeting for the year under the chairmanship of Khalil Mohammed...

Hedge Funds Post August Decline As Political Tension Rise

Risks rise over Emerging Markets, Syria, Fed stimulus extraction; Mixed performance in Event Driven, Relative Value Arbitrage as HFRI posts 2nd decline for 2013 Hedge funds...

UAE Central Bank sets up crisis committee with banks

Representatives of the Central Bank of the UAE and major national banks met yesterday to discuss the challenges faced by the UAE banking system...

Standard Life announces Asia, Middle East expansion

Standard Life announced today that it will set up a new unit in Hong Kong, Singapore and Dubai to oversee and support its Asia...

Domestic Markets to be Influenced by Broader Global Markets Developments

Global equities closed in negative territory, recording its longest weekly decline since 2019, which can be broadly attributed to fading hopes of a US...

American Express® Middle East launches ‘Choose your Prize’ campaign

Campaign to make using American Express Cards even more rewarding Monthly raffle draw gives Cardmembers flexibility to select prizes that match their lifestyles In line with...

flydubai ties up with Al Fardan Exchange

flydubai, Dubai’s first low cost airline, has signed an agreement with Al Fardan Exchange to allow customers to pay for their flights at any...

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...

MasterCard, Visa warn of credit card data breach

"Massive" breach may affect more than 10 million credit card holders Credit cards compromised between January 21, 2012 and February 25, 2012 MasterCard and Visa said...

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

Emirates NBD discontinues use of S'&'P Ratings Emirates NBD announced today that the company has elected to discontinue use of Standard '&' Poor's...

Dubai plans a US $1.8 billion bond issue

On Monday, the finance chief of Dubai announced plans of the government to issue a bond to refinance part of its debt maturing in...

Trade Gold in Electronic Form from Dubai, UAE

Enables customers to buy gold in electronic form Operates like foreign currency account designated with XAU currency code Focus on Emirates NBD customers with existing current...

Emirates NBD unveils first rebranded branch

Emirates NBD, the Middle East’s largest bank by asset size, unveiled today its first fully rebranded branch, reflecting the successful conclusion of...

‘UAE Asset Manager Of The Year’ Retains Position for 2nd Year...

Al Mal Capital PSC, a subsidiary of Dubai Investments and a diversified, multi-line investment institution, was awarded with the 2020 ‘UAE Asset Manager of...

Oil & Gold in the Investor’s Spotlight in 2022

Not only commodities markets but also the derived financial and capital markets are undergoing a wave of revived interest by both long-term investors and...