Finance

Finance

Emirates Islamic Bank announces results for the first half of 2008

Emirates Islamic Bank (EIB) has announced the results of the first half of 2008, recording a net profit, excluding the depositors' share, of AED...

Amlak Finance half year net profit up by 155%

Amlak Finance PJSC announced Sunday its preliminary financial results for the half year of 2008. At the end of June 2008, Amlak's half year net...

The significance of GCC sovereign funds

A fundamental shift in global finance has thrown the GCC countries into full glare of the world spotlight amid surge of GCC sovereign funds. The...

Daman Investments launches Daman Speculator Fund

Daman Investments PSC, the leading UAE-based fund managers, today announced the launch of The Daman Speculator Fund, a trendsetting AED 200 million fund, which...

Treat sovereign funds equally

Sovereign wealth funds should be treated like any other institutional investor and not have special rules imposed on them, Henry Azzam, head of Deutsche...

Real-time Automated Payments in DIFC

The Dubai International Financial Centre (DIFC) today announced that it has signed a Memorandum of Understanding (MoU) with the Central Bank of the...