Dubai Investments unveiled mixed-use project Mirdiff Hills

Part developer of some of the most popu­lar residential communities in town, Dubai Investments has lifted the curtain on Mirdiff Hills, a Dh2 billion...

DIFC releases report on progress towards GCC monetary union

A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was...

The introduction of VAT will be delayed

A senior official at the Federal Customs Authority Saeed Khalifa Saeed Al Marri, Deputy Director-General of the UAE Federal Customs Authority, was quoted by...

HSBC supports 100 Nationals to enter world of finance

An agreement was signed today between HSBC and the National Institute for Vocational Education - NIVE - to give 100 National students the chance...

MasterCard Worldwide offer 10% Instant Discount During Dubai Summer Surprises 2008

MasterCard Worldwide and Octopus Travel continue to offer all MasterCard cardholders a 10% instant discount on products and services such as hotel bookings, car...

Mortgages for the self-employed

Securing a home loan in Dubai is rarely a straightforward process, but some situations and circumstances make the process even more challenging. Among the people...

Foreign investors purchase AED 1.916 billion worth of shares on DFM

Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (03 August -...

Increase in retail sales expected during DSS 2008

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres

Islamic banking makes rapid strides

Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...

The best Chief Information Officer (CIO) of the year

Dr. Akl Noun, Head of IT at the Abu Dhabi Investment Company (ADIC) has been selected the best Chief Information Officer (CIO) of...

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...