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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

Abu Dhabi Department of Finance hosts workshop on ‘New Government Accounting...

Abu Dhabi Government department accounting is being unified to ensure improved consistency, transparency and accountability DoF has taken lead...

Top 8 Financial Mistakes to Avoid

Are you spending too much? A weekly trip to the mall, gifts for the kids with or without occasion, using your credit card for...

GCC equity markets are looking increasingly attractive, BofA Merrill Lynch

· UAE remains the most preferred MENA market, offering long term growth · Kuwait is also a preferred market amongst the GCC Frontier markets · Saudi...

Online shopping more popular and easier than ever before

Visa cardholders get access to thousands of U.S stores and a chance to win a FIFA World CupTM ticket package Visa, the leading payment...

Local IPOs in the pipeline

A number of local initial public offerings (IPO) is planned for the coming months amid ripe valuations and investor appetite for UAE stocks. Earlier this...

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion Exchange also Records Highest Ever Monthly...

Middle East Venture Partners close fund at US$30 million

Middle East Venture Partners (MEVP) announced today the second close of Middle East Venture Fund II (MEVF II) at more than US$30 Million. MEVF...

Dubai FDI Launches New Services To Support Chinese Investors

‘Dubai Advantage’ mini programme on WeChat will provide updates on opportunities for investment and growth in Dubai Dubai Investment Development Agency (Dubai FDI), an agency...

Global demand for gold jewellery up 12% in Q1 2013

The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand,...
Bitcoin Trading

Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank

Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap, the pioneer cryptocurrency is...

2015 Market Outlook: Bull Market Slows to a Jog

Bullish on Stocks, Dollar, Volatility and Real Estate Opportunities to Be Found in Commodities and Emerging Markets BofA Merrill Lynch Global Research today released its...

Sovereign Wealth Funds allocate new assets to private equity

20% of Sovereign Wealth Fund new assets allocated to private equity Property and infrastructure are not the big SWF ‘alternative investment’ story Major sovereign governments and...

China stocks slump 7%, triggering shortest trading day in its history

A plunge in Chinese stocks and a falling yuan sent financial markets across Asia sharply lower Thursday. Worries intensified about China's economy and whether...

Saudi Arabia Unveils More than US$6.4 Billion in Technology, Startup Investment

Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups STC to invest US$1 billion in MENA HUB to create regional center for cloud...

Gold prices are forecast to rise next week

Gold prices closed with a more than 1% gain last Friday. Gold for December delivery rose $15.10, or 1.1%, to settle at $1,339.20 an...

GCC equity markets benefit from increased global investment inflows

Frontier markets outperforms emerging markets over the past 2 years

Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct

Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...