A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...
Emaar Malls Group LLC gears to sell 2 billion shares...
Emaar Properties PJSC (EMAAR), which is the most actively traded company in Dubai, is seeking to raise as much as $1.58 billion from the...
Investors turn to U.S. and Emerging Markets, Fund Manager Survey
BofA Merrill Lynch Fund Manager Survey Finds Investors Turning to U.S. and Emerging Markets Amid Eurozone Fears
Emaar seeks $800 mln loan guaranteed with shopping malls
Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...
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...
UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
Investment In Later Life: Everything You Need To Know
When it comes to dealing with the financial implications of life, such as starting a family or buying a house, your priorities don’t tend...
Emirates NBD unveils largest illuminated National Flag in UAE
Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities
Investing in Currencies
Interview and discussion with Steven Pearson of the Bank of America - Merill Lynch. He discusses the Pounds domination against Dollar in the economy....
Market Volatility To Continue In Global Equities
Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week...
DAMAC planing IPO
Damac Properties is planing to launch an initial public offering (IPO) of its shares.
The listing on the Dubai Financial Market (DFM) will be executed...
DGCX to launch Indian Rupee Options Contract in September
The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...
Mortgage enquiries up; especially from middle-bracket earners
While the property market appears to be simultaneously booming and crashing, depending on which statistic you follow, or which article you read, one source...
54% Consumers Uncertain over the Difference between Islamic and Conventional...
A recent survey conducted by YouGov Siraj, to understand consumer banking preferences in the region, with a focus on Islamic banking, revealed that 54...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
Middle East CFO Optimism at two year low in Q4 of...
Global CFO optimism is wavering, according to a recent study by Deloitte entitled ‘Q4 2011 Global CFO Signals Report’. Conducted on a semi-annual basis...
Regional Traders Look To Oil Prices; Coronavirus Containment
Global equity markets observed positive sentiments as investors seem to be encouraged by aggressive monetary policy actions by Central Banks, especially the USD 2...
Facebook IPO live, traded at $42.05 up over 10%
Facebook IPO started trading in New York with approximately 25 minutes delay today
Opening Facebook trade was expected at US $42, with 65 million shares...