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 Continues Sliding, Hits 5-Year Low
Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...
World’s oldest insurance rating company sets up office in DIFC
A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....
Decoding Global Investment Attitudes
Nielsen released the results of an online survey to better understand the consumer mindset on investment strategies. The study, Decoding Global Investment Attitudes, gathers...
AED 3 billion capital increase approved at DIB Extraordinary General Meeting
1. Assembly approves conversion of AED 3.75 billion deposit into Tier 2 capital of DIB
2. Assembly approves increase of DIB’s capital by AED 3...
New Capital Protected Gold Notes and Mutual Fund Investment Combinations
Abu Dhabi Islamic Bank’s (ADIB) announced the launch of its Capital Protected Gold Notes that can be combined with a selection of mutual funds.
2/3rd of UAE CEO’s Indicate Upcoming Significant Capital Investment
Three-quarters of CEOs interviewed in the UAE by the global research and consultancy firm Oxford Business Group (OBG) for a new survey said their...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
Cityscape Global Signals Resurgence of Investment Flows
Inward and Outbound Investment Takes Off As Real Estate Maintains Smart Money Appeal
International real estate investment flows are resurging following a pandemic induced lull...
AMAN’s AGM approves 7.5% bonus shares
Dubai Islamic Insurance and Reinsurance Company (AMAN) has successfully concluded its Annual General Meeting (AGM) yesterday (March 22, 2011) at ‘The Emirates Towers’ Hotel...
DGCX Records Best Ever Month in its 14-Year History
The Dubai Gold and Commodities Exchange (DGCX) has registered its best ever month in its 14-year history, recording volumes of 2.382 million lots valued...
Global Markets Roundup
Bank of China posts 59% 4Q profit drop; Goldman plans to repay TARP money quickly; U.K. Inflation up 3.2% in February; Major Exchanges want...
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...
Emaar will hold an Extraordinary General Meeting on November 8 ...
Emaar Properties PJSC (Emaar) will hold an Extraordinary General Meeting (EGM) of the company’s shareholders today (November 8), 5pm, at The Address Dubai Marina...
Retaliatory tariffs by US, China to dominate trading activity across markets
Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...
Chedid Re wins the 2011 Reinsurance Broker of the Year award
Chedid Re has been named “2011 Reinsurance Broker of the Year†for the second year in a row by the MENA Insurance Awards (previously...
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...
UAE Stock Markets Top Performers in H1 of 2013
In the first six months of 2013, the Dubai Financial Market (DFM) and Abu Dhabi's Emirates Securities Market (ADX) advanced the most among...