GCC Investment Strategy in 2011

Rising oil prices will drive regional GDP and budget surpluses Banking and petrochemical sectors to direct GCC profitability growth Qatar and UAE set to provide...

Dubai shares crawl 0.98%

Dubai Financial Market General Index (DFMGI) has drifted 0.98%, or 16 points lower till today’s mid-session. It opened with a slump to go further...

Dubai benchmark extends losses amid tepid trading

Dubai Financial Market General Index (DFMGI) ended Monday’s session in the minus column, easing off 0.41%, or 7 points. The index opened in the red,...

Dollar rallies vs Euro as unemployment rate in US falls to...

The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....

UAE Signs Initial Agreement for Investment Protection and Promotion with Republic...

On behalf of and towards enhance international financial agreements of the UAE, Ministry of Finance (MoF) signed an initial agreement for investment protection and...

MENA Markets Weekly

Methaq Takaful Insurance Company to issue vehicle insurance policies online

Methaq Takaful Insurance Company announced that it has finalized the electronic link between its online platform and the Abu Dhabi E-Traffic services and Dubai's...

LinkedIn expected to Go Public in 2011

LinkedIn, the social networking site for professionals, plans to go public in 2011 according Reuters. Morgan Stanley, Bank of America and JPMorgan are among the...

Emirates Securities Market Report for the Trading Session of Thursday 06...

The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...

SCA publishes mutual fund and investment management draft regulations

The Emirates Securities and Commodities Authority (SCA) has announced that it has posted on its website (www.sca.ae) draft regulations on mutual funds and investment...