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Hedge Funds conclude strong Q1

Gains across Equity, Event & Arbitrage strategies offset Macro declines in March; HFRI Fund Weighted Composite concludes best 1Q since 2006 Hedge funds performance was essentially unchanged...

UAE Private Wealth Continues to Soar Amidst Global Decline

Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group...

Hedge funds trade in narrow range in April

HFRI April decline pares YTD gains to +4.4 percent Relative Value Arbitrage posts fifth consecutive monthly gain Hedge funds posted a narrow decline to begin 2Q12,...

FAB Launches AI Analytics Portal for Merchants in Partnership with Al-Futtaim

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new portal...

RAKBANK Achieves 13% Growth in First Quarter Profits

RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...

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...

Global index provider included UAE as a Secondary Emerging market

Global index provider, FTSE Group (”FTSE”) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...

CEO Transitions – a risky business when comes to shareholder value

Study Challenges Perceptions of CEO Transitions and the Risk to Enterprise Value

Mortgage Glossary

MORTGAGE A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan. PRE-APPROVAL A commitment...

UAE Banks will continue financing the economic sector

Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...

Kuwait Stock Exchange to resume trading on Monday, 17th November

The court in Kuwait ruled today that the Kuwait Stock Exchange should resume trading on Monday. On November 13, in unprecedental ruling the court ordered...

Emirates NBD showcases consumer finance products at Arabian Centre mall

Bank to offer guidance on personal finance solutions at third outreach event at local shopping centre In line with its commitment to reach...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

Emirates Money sponsors Indian Institute of Management alumni meeting in Dubai

Emirates Money demonstrates commitment to supporting higher education, local community In line with its commitment to supporting the advancement of higher education and...

Trading activity expected to be subdued during Ramadan

Global equity markets witnessed mixed performance during the week. The US economy is rebounding after a soft patch. The Fed has decided to keep...

Emirates NBD launches Emirates Islamic Money Market Fund

Open-ended Sharia-compliant fund, with daily dealing Low risk investment opportunity Access to Sharia-compliant liquid instruments Offers diversification benefits Special...

Emirates NBD launches Jersey Offshore Deposits

Available across currencies and tenors Very attractive promotional interest rates available now Emirates NBD, the largest banking group in the...

Loan losses of Gulf banks to drop, according Fitch

Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...