2017 Sees a Record High Number of IPOs in GCC
A surge in number of floats in the GCC following the launch of the Parallel Market in Saudi Arabia creating a new platform for...
Investors Doubt Strength of Recovery as Cash Levels Rise Again
Money Managers Concerned About Geopolitical Risk and Chinese Defaults
Global investors have increased cash and scaled back risk-taking, amid fears of geopolitical instability and questions...
Regulatory uncertainty tops organizational risks for senior executives
Large institutions may suffer hit to normalized earnings as a result of re-regulation
Deloitte identifies five key industry drivers to impact global financial institutions
For the...
US Dollar gains from reduction in US federal deficit
A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...
Emirates NBD wins Financial Sector Technology award for best systems integration...
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today that it has won the 2010 Financial Sector...
GCC Markets Performance in March 2013
· All GCC markets, except the UAE, ended in the green
· Kuwait led the rally, with a 4.0%MoM gain, followed by Saudi Arabia
· Trading...
Dubai Mercantile Exchange achieves new records in open interest and physical...
The Dubai Mercantile Exchange (DME) announced today that two new trading records were set in July 2010 as the exchange entered its fourth year...
Nasdaq Dubai Launches Futures In ADNOC Distribution, Emaar Malls
Nasdaq Dubai launches futures on Abu Dhabi National Oil Company for Distribution, ADNOC Distribution, and Emaar Malls, to enable investors to take positions on...
UAE Stock Markets on a Bullish Run
Since the beginning of 2013 most of the stocks listed on the both UAE stock markets rose. In respect, investors confidence has grown. Now,...
Trading activity to be driven by movement in global markets, oil...
The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...
UBS Investors Note: How To Respond To COVID-19 + Oil Crash
Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do.
What's happened?
Risk assets slumped...
Global Investors Now Bullish on Europe, Inflation and Gold
Global investors are significantly more positive on the outlook for Europe after the European Central Bank’s announcement of quantitative easing to reflate the region’s...
Dubai Borse not planning to sell LSE stake-statement
Ahmad Al-Tayer, Governor of the Dubai International Financial Centre and member of Dubai's Supreme Fiscal Committee, today categorically denied media reports that Dubai has...
ADNOC Investor Forum Highlights Co-investment, Partnership Opportunities
The Abu Dhabi National Oil Company (ADNOC) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu...
Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion
Islamic economy registers 5.2 per cent growth over previous year
UAE ranks first across five of seven Islamic economy sectors
Investments in Islamic...
Bitcoin’s April Trading Volume 7x Higher than Apple’s
Data acquired and calculated by Finbold indicates that bitcoin's trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to...
Central Bank to establish currency printing plant
The Central Bank of the UAE announced today that it has started laying down the bases for constructing a purpose-built building to house...
Bank offers up to $5 million in mortgages for properties in...
Underscoring an emerging positive sentiment in the property market, Standard Chartered is offering up to Dh18.4 million ($5 million) in mortgage to attract high...