Finance

Aabar and International Petroleum have agreed to offer shareholders 1.95 dirhams a share to reflect the six-month average of Aabar’s price on...

Investors have turned bearish in their outlook for the global economy and corporate earnings, according to the BofA Merrill Lynch Survey...

To keep or to ditch the British Pound has been an ongoing debate in the UK since the introduction of the Euro, over...

Innovation and product diversification to drive growth of Islamic finance industry The global Islamic finance industry has been forecasted to touch the AED7.3 trillion...

Aabar Investments board of directors signed off on the plan to turn the company private at a meeting on Thursday. In  another meeting,...

The Board of Directors of Central Bank of the UAE held its 6th meeting for the year under the chairmanship of Khalil Mohammed...

MasterCard Worldwide have celebrated the start of the travel season by announcing the "MasterCard Destinations" Campaign. MasterCard cardholders can celebrate the...

UBS today announced the appointment of Anthony Iliya (56) as CEO for Middle East and North Africa. Iliya, who will...

Abu Dhabi Finance, has launched its first service centre in Al Ain, the Emirate's second city. The service centre was officially opened with...

Dubai World has been seeking to sell Inchcape Shipping Services (ISS). The port and shipping agent was put up for sale recently by...

National Bank of Abu Dhabi (NBAD) launched a $5 billion euro medium term note programme (EMTN). NBAD is the second largest bank in the...

Record Move Out of Energy Stocks in Wake of Gulf Spill Investors’ belief in global economic growth and the ability of corporations to...

Value of shares bought by institutional investors reaches AED 88.9 million during last week, and value of shares sold reached AED 72.8 ...

My favorite summer hobby is probably an unusual one compared to most people my age. As a 21 year old just graduating from college(and...

Underscoring an emerging positive sentiment in the property market, Standard Chartered is offering up to Dh18.4 million ($5 million) in mortgage to attract high...

Daily trading up 130% since 2008 with new contracts planned for 2010 The Dubai Mercantile Exchange Limited (DME) marked its third anniversary...

Angela Merkel, the German chancellor, has insisted that the euro will remain a strong and dependable currency. She told Al Jazeera's Jane Dutton that Germany...

Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...