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...
EU Optimism Offsetting Emerging Market Sell-off
Allocations to European Equities Hit Six-year High
Investor bullishness towards European equities has reached pre-crisis highs as markets digest the emerging markets sell-off, according to...
Bank Stress Tests fail support the Euro due to questionable reliability
EUR/USD
Last week's trading has led to a doji candlestick formation on the weekly chart indicating a potential reversal lower for the pair....
HSBC upgraded its 2013 silver price forecast
The latest silver price forecast update of HSBC demonstrates positive expectations. The bank raised its forecasts for silver prices in 2013 and 2014. The...
New electronic system for tenders launched
DoF starts publishing its tenders electronically
The Department of Finance recently completed a project to operate electronic tendering systems and electronic registration of suppliers and...
UAE signs Pact with Russia on Taxation on Income for Public...
UAE has signed an agreement with Russia relating to taxation on income of public investment organizations. The agreement highlights efforts of enhancing different types of investment opportunities.
Mohammed Bin Rashid Est. for SME Development strengthens cooperation with Franchising...
Mohammed Bin Rashid Est. for SME Development, an agency of Dubai Economic Department, have strengthened its cooperation framework with Singaporean companies during a delegation...
10 Major Mining Companies Produced Over 900 Tons of Gold in...
As global economic uncertainty continues to rise, the demand for gold as a safe haven investment and commodity has also increased, driving up its...
DIFC to become hub for Family Offices
New regulations provide platform for setting up family holding companies at DIFC
The Dubai International Financial Centre (DIFC) today announced new regulations to encourage family...
Middle East Countries Still a Tax Heaven
UAE is among the world’s tax havens. The local authorities have set not only world’s lowest average tax rates, but also a flexible time...
Dubai Financial Market General Index up by 20.5 percent
The Dubai Financial Market General Index increased by 20.5 percent to 1730.4 points at the end of February compared to 1435.7 points at the...
Regional markets close October on negative note despite slight rally
Stock markets in the MENA region closed October on a negative note with varying degrees of losses despite exhibiting a slight rally earlier in...
S&P upgrades Emaar rating on recurring income
The good performance of Dubai-based property company Emaar Properties PJSC's leasing and hospitality assets, and fewer handovers of developments, has raised the proportion of...
Why and how to invests in physical silver
Silver has always been a metal which store value. If we learn from history, we can see that the commodity was one of the...
Barclays Capital named ‘Best Investment Bank in MENA region’
In recognition of its continued leadership in the investment banking industry, Barclays Capital announced today that it has been named the “Best Investment Bank...