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Dubai Financial Market secures two thirds of Nasdaq Dubai purchase

Dubai Financial Market PJSC paid two thirds of its acquisition of Nasdaq Dubai and transferred 80 million of its shares to NASDAQ OMX Group...

Gallo Says European Bank Woes May Be `Lehman Times Ten’

Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talks with Bloomberg's Andrea Catherwood about the risk of weaknesses in the Spanish banking...

U.S. Stocks Jump Most in Year on Europe Loan Package

Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...

DMCC successfully redeems US$200 million sukuk

Final US$20 million repayment on five-year Islamic bond made on schedule Demonstrates underlying financial strength of DMCC Underscores rapid growth...

BNP’s Thio Says Euro’s Long-Term Outlook Still `Bleak’

Thio Chin Loo, a senior currency strategist at BNP Paribas SA, talks about the outlook for the euro after the European Union unveiled...

Emirates NBD opens first Business Banking Centre in Sharjah

Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...

Foreign investors purchase Dhs475.3m worth of shares on DFM during the...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (2 - 6...

Markets Fear `Systematic’ Crisis in Euro Region

Thomas J. Lee, the chief U.S equity strategist at JPMorgan Chase & Co., talks with Bloombergs Margaret Brennan about the potential for Greek debt...

Emirates NBD and HDFC Bank launch online remittance facility for...

Enables direct remittance of  funds into HDFC Bank accounts Facilitates overseas remittances by Indian expatriate community Emirates NBD, a leading bank in the region, announced today,...

Emirates NBD opens new Priority Banking centre in Tourist Club Area...

In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...

DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...

The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...

Shop with Emirates NBD card to win back spend

Emirates NBD, a leading bank in the Middle East, announced today that it has tied up with the Al Towar-based Emirates Co-operative, to give...

Sukuk Market Recovery Expected in 2011 – 12

Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the...

Emirates NBD wins Banker Middle East – Products Award for Best...

Winners selected by poll  of 10,500 financial services professionals Emirates NBD builds on 2009 award for Best Retail Bank Emirates...

BFX appoints Standard Chartered Bank as its Clearing and Settlement Bank

The Bahrain Financial Exchange (BFX), the Multi-Asset exchange in the Middle East and North Africa, which will be internationally accessible to trade cash instruments,...

DMCC launches Online Services for members through Dubai Trade Portal

Dubai Multi Commodities Centre, (DMCC) today announced the launch of online electronic services (eServices) for its members on the Dubai Trade Portal (www.dubaitrade.ae). This...

Emirates NBD launches Emirates Global Sukuk Fund

•    High profit rate, low minimum investment •    Semi-annual income distribution •    Low management fees, award-winning team Emirates NBD announced today the launch of the Emirates Global...

Emirates NBD introduces seed capital initiative for UAE nationals

•    Opportunity for young Emirati entrepreneurs to start up own business •    In line with strong commitment to supporting UAE nationals Emirates NBD, the largest banking...