UAE to host Exceptional Meeting for Council of Arab Ministers of...
The UAE has announced that it will be hosting the exceptional meeting for the Council of Arab Ministers of Finance in Abu Dhabi on...
Emaar Development IPO Seeks up to $1.5 Bln
Emaar Properties is looking to raise as much as $1.5 billion from the sale of shares in its development unit in Dubai's first major...
Unprecedented interest in Abu Dhabi dual-tranche bonds reported
The Emirate of Abu Dhabi issued a US Dollar 5 billion dual-tranche bond
· USD 2.5 billion 2.218 yield due 2021, and USD 2.5 billion...
Innovation very important to 82 percent of executives in financial firms
Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...
First Financial Services Association to be established in UAE
A group of leading financial institutions in the United Arab Emirates have established the Financial Services Association (UAE), the first of its kind; a...
DFM, ADX to close on Thursday
The Securities and Commodities Authority (SCA) has announced the financial markets nationwide will close on Thursday 30th June to mark the anniversary of Isra'a...
Abu Dhabi Securities Exchange, Bahrain Bourse Launch Tabadul Exchange Hub
Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced the launch of the region’s first digital exchange hub – Tabadul. The exchanges commemorated...
Trade Gold in Electronic Form from Dubai, UAE
Enables customers to buy gold in electronic form
Operates like foreign currency account designated with XAU currency code
Focus on Emirates NBD customers with existing current...
Funding Dubai SMEs: Challenges and Opportunities
Small and medium-sized enterprises (SMEs) play an important role in the UAE’s economy and contribute substantially to income, output and employment.
Acknowledging the importance of...
Emaar Malls to distribute Dh1.3b cash dividends to shareholders
The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...
New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...
On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to...
Fall in GCC-based investors risk appetite caused by search for income
A fall in risk appetite and the search for income is driving investment behavior across all retail investor segments in the Gulf Cooperation Council (GCC) region...
DFM: Members ready to employ “DvP” Model
Dubai Financial Market (DFM) announced today that its licensed brokers and custodians are ready to employ the newly introduced settlement mechanism “Delivery versus Payment”...
France Remains The Most Attractive Country in Europe for Foreign Investors
The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020.
France held its...
Trump presidency could have far-reaching effects on Gulf finance
A Donald Trump presidency in the United States could have far-reaching ramifications for personal finance in the Gulf, according to the financial experts at...
Global Islamic Finance Industry Targets AED7.3 Trillion (US$2 Trillion) in the...
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...
Financial incentive offered to mid-range hotel developers in Dubai
H.E. Helal Saeed Almarri of DTCM announces Municipality Fee waiver for three and four star hotel developments at Day 2 of The Hotel Show
Helal...
JLL’s Report Reveals New Opportunities for Investment in Healthcare
With the current shortage of hospitals, clinics and other healthcare facilities, an ageing population and the rise of medical tourism, there is a pressing...