Chedid Re wins the 2011 Reinsurance Broker of the Year award

Chedid Re has been named “2011 Reinsurance Broker of the Year” for...

CFA Emirates congratulates new charterholders at Annual Charter award ceremony

Last night the President and Board of CFA Emirates, the association for...

MENA Weekly Markets Overview

The political turmoil is Egypt has escalated despite measures being taken by...

Aabar Investments frequently reviewing its options at Daimler

Aabar is currently "exploring ideas in the petrochemicals sector" At the sidelines of a presentation of Daimler's new-generation Mercedes-Benz SLK roadster in Stuttgart, Aabar...

Emaar successfully executes first international fixed-income offering of US$500 million

Emaar Properties PJSC ("Emaar"), rated B1/BB, has successfully priced its first international fixed-income offering, raising US$ 500 million via the issuance of trust certificates...

Emaar Properties Launches $500M 5.5-Yr Sukuk; 8.5% Pft Rate

Emaar Properties launches a benchmark dollar-denominated bond as part its $2 billion Islamic bond program. Benchmark bonds are typically at least $500 million in size. Market...

Further Bearish Movement Expected for USD Today

The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...

Dubai shares 0.41% down

Dubai Financial Market General Index (DFMGI) closed Tuesday’s session in the minus column, shedding 0.41%, or 6.66 points, to 1623.50. A total of 87.936 million...

Euro Reaches Two-Month High Against USD

The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as...

Al Ramz Securities joins Fidessa’s connectivity network

Fidessa group plc (LSE: FDSA), provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side, has today announced that...

Abraaj Capital to establish SAR 2 Billion Saudi investment platform

Announcement made by Abraaj Capital and SAGIA on sidelines of Global Competitiveness Forum in Riyadh Abraaj Capital is largest Private Equity firm outside North...

Tamweel introduces promotional home finance profit rates starting from 4.99 per...

Real estate finance provider offers up to 80 per cent finance on...