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Emerging Markets most favored by global investors; Equity positioning

The May Fund Manager Survey of BofA Merrill Lynch shows an increase in global investors’ allocations to emerging markets (EM). A net +29% are...

DFMGI rose 0.99%

Dubai Financial Market General Index (DFMGI) ended today’s session in the positive territory. It added as much as 0.99%, or 15.5 pts to 1578.08,...

DFM suspends trading in 8 foreign companies

Dubai Financial Market (DFM) announced that its UAE listed companies has showed a 100% compliance to disclose their quarterly results within the deadline of...

DFMGI ended in the negative territory

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session. It lost as much as 0.71%, or 11.35 points...

Gold demand strong; predicted prices around $2000

Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the...

Swinging oil price and UAE stock markets

Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...

DFMGI closed the week in the red

Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend. The gauge inched down 0.73%, or 11.69 pts,...

Emirates NBD Asset Management fixed income funds perform strong

Emirates Islamic Money Market Fund ranks amongst top 10 per cent of US Dollar Money Market funds globally Sharia-compliant Emirates ...

Bloomberg Tradebook launches independent research initiatives

Bloomberg Tradebook, a leading global agency broker, today announced innovations in research access, transparency and service and an expanded team of independent research providers...

Regional stock markets to rebound by the end of May

Stock markets in the GCC have been impacted by the current regional civil unrest in the Arab world, with company valuations discounted compared...

Preparing Emiratis for leadership roles in banking

Dubai Islamic Bank (DIB) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions...

Cash-strapped residents get free debt advise in Dubai

ISDM, the Dubai-based credit counseling and debt management company is set to hold its first free, public open house counseling event where participants can...

Forbes Middle East: A map for new investments

"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...

MENA stock markets’ outlook still one of the sizable risk

In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...

DFMGI dropped 0.71%

Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend. The index hit session peak and low at 1631.57...

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...

Dubai Financial Market performance during April 2011

Dubai Financial Market overall performance increased by 5% to reach 1634.1 points at the end of April compared to 1556 points at the end...

If you are into stocks, follow the big money

Higher energy prices, Japan supply chain disruptions and fear of continuous depreciation of the U.S. dollar were supposed to scare investors off tacking risks...