web analytics

DED and Commercial Bank of Dubai sign agreement to facilitate electronic...

The Dubai Department of Economic Development (DED) and Commercial Bank of Dubai (CBD) have signed a co-operation agreement to give customers the option...

Central Bank reduces interest rate on liquidity support facilities to 1.5%

H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...

Morgan Stanley becomes approved applicant for Dubai Gold Securities

Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...

DED and Mashreq sign agreement to facilitate electronic payment of trade...

The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...

DIFC Authority releases updated version of ‘Guide to Islamic Finance’

As debt-based conventional banking faces troubled times, asset-backed Islamic finance is becoming popular in world's financial capitals The Dubai International Financial Centre Authority today announced...

EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

Trillion is The New Billion

One Trillion Dollars Visualized from www.mint.com It's official, trillion is the new billion! No longer is government spending around the world talked about in terms of...

Foreign investors purchase AED 699.3 mn worth of shares on DFM...

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 5 - July 7)...

Emcredit to release credit-related economic indicators

1. Research reports valuable for business decisions, monitoring trends and economic policy making 2. First report to highlight trends in UAE business activity in 2009 3....

Liquidity improving within the banking system

Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...

Dubai Bank signs strategic alliance with SALAMA for Takaful products

1. Wide range of Takaful plans available to Dubai Bank customers 2. Supports customers in addressing education, retirement planning and other short and long-term goals Expanding...

AXA Insurance Gulf launches its online services

1. Customers can now buy and renew motor policies online 2. Get a quote in less than a minute 3. 5% discount for buying a new...

Investment Corporation of Dubai joins Long-Term Investors Club

1. Accession agreement signed by ICD CEO H.E. Mohammed Ibrahim Al Shaibani at high-profile event in Paris 2. Paris Conference for Long-Term Value & Economic...

EDC launches the ‘Islamic Financial Services Mission’

Dubai Export Development Corporation (EDC), in association with the Australian Trade Commission (Austrade), has started the ‘Islamic Financial Services Mission’, a government initiative of...

The Currency Report – Talking Technicals

Dollar and Yen May Rise Should the S&P Decline

Net foreign investment on DFM reaches AED 102.6m between 7-11 June

Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...

Currency Outlook – Seeing a U.S. Dollar Rebound

Analysis and Discussion with Brian Dolan of Gain Capital Group

“A good performance for the Gulf Premier Fund and the Gulf...

Talal Al-Tawari, Head of GCC Equities Division at Gulf Investment Corporation has said that "the Gulf Premier Fund", the first of its kind in...