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Emaar Malls to distribute Dh1.3b cash dividends to shareholders

The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...

India ranks 3 rd in increase in UHNWI population over...

Mumbai and Delhi slated to move up to ranks 14 and 29 respectively by 2025 Knight Frank today released its 10th edition of the Wealth...

Banks to provide financing to Bloom Gardens project

Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7. The...

Bank of Sharjah signs club term loan facility

Bank of Sharjah announced today that it has signed a USD 135 million (AED 500 million equivalent) club term loan facility with four Mandated...

Dollar gains as central banks stay put

The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...

UAE is the Biggest Gulf Exporter of Capital

The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...

FIO undertakes strategic study to further boost foreign direct investment potential...

The Foreign Investment Office (FIO) mentored students from the SP Jain Center of Management to undertake a study of the key strategic areas related...

MENA IPOs raised approximately US$2b in 2012

Three IPOs raised approximately US$339.8m in Q4 2012 MENA IPOs in 2012 up 134% compared to 2011 KSA’s Dallah Healthcare Holding Company lists on the Saudi...

Yet More Mischief from Cheap Money, Part 379

Nothing is safe – not student loans, emerging markets, or London flats... Did you enjoy your monthly dose of non-farms nonsense last Friday? Gold and silver...

S&P affirms Abu Dhabi’s ratings

S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...

The Top Ten Cryptocurrencies

As this infographic on Top Ten Cryptocurrencies created by Statista shows, Bitcoin is by no means alone in the world of digital assets. It is...

ACM to Participate in the Middle East Online Trading Summit

// Following numerous clients’ requests, we are pleased to inform you that ACM will be a participant of the Middle East Online Trading...

US Dollar falls slightly vs Rivals

The U.S. dollar fell slightly against most of its major currency counterparts on Monday as the euro recovered from its losing streak, signaling a...

UBS Investor Sentiment: Investor Optimism Drops on Inflation, Geopolitical Concerns

Optimism among high-net-worth investors dipped to early-pandemic levels on continuing concerns about the economic and market impact of inflation and the war in Ukraine,...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

Global Investments Roundup

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

Foreign investors purchase AED 2.7 bn worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (11 Oct..- 15 Oct.)...

Investors Eye Opportunities As Central Banks Discuss Coronavirus Action

Global investors are taking advantage of buying opportunities ahead of policymakers looking to take more coordinated action on propping up economies due to the...