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Saudi eXtra IPO opens for subscription on December 5, 2011

IPO to open to all Saudi nationals following completion of book-building process

DIFC proposes New Mortgage Model

The proposed Model involves private residential mortgages being funded by the issuance of standardised bonds, creating a large and liquid mortgage bond market.

Regional office of Islamic Corp for Insurance of Investment and Export...

An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...

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...
Steady growth and ambitious development plans in the next 50 years, Al Tamimi Investments, one of Dubai’s leading venture capital firms, projected recently.

UAE’s Strong Economy to Pull in More Foreign Investments in Coming...

Country’s efforts to diversify economy yielding significant dividends. Robust investment flows to the UAE are expected in the coming years on the back of the...

UAE Stocks To Have 5% Decline Limit Effective Wednesday

The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...

DFM to implement buyer cash compensation for settlement

Dubai Financial Market (DFM) announced that it will implement the new procedures of Buyer Cash Settlement for trades as of May 5th 2013 onwards,...

Dubai Financial Market in Final Stages of Launching New Trading Platform...

Dubai Financial Market (DFM) announced today that it's in the final stages of launching the new state of the art trading system "X- Stream",...

New DIFC governor appointed

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...

Friday’s Sell-off Doesn’t Spell Good News For Gold

December gold futures fell 3.19% last Friday, settling at $1,332.50 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices...

MENA could issue over USD 80 billion of debt in 2019,...

• JP Morgan EMBI inclusion (31 January) likely to attract more than USD 30 billion in inflows to GCC bonds • Local and hard currency...
New fintech firm, BKN 301, entering the MENA market is set to boost the overall economy in the region.

MENA Region Opens New Opportunities for Fintech Companies

Middle East and Africa is projected to experience a significant growth in the coming years to reach USD 3.45 billion by 2026. New fintech firm...

Rising investor demand for growth stimulus

Fund Manager Survey Finds Rising Investor Demand for Growth Stimulus Expectations Grow of Further ECB Easing by Year-end A growing majority of global investors would like...

DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...

The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...

Dubai Investments Reports Net Profit of AED 205 Million for H1...

Dubai Investments PJSC , the leading, diversified Investment company listed on the Dubai Financial Market, has reported net profit of AED 205 million for...

Regional financial markets turning greener

Financial markets observers believe that the local stocks have bottomed out during the past two weeks.

Got cash? Get invested in UAE stocks now!

Most people are actually out of cash most of the time. Especially after 2008, since the financial storm swept the world, "lack of liquidity"...

Western Union and Amazon to Launch New Way to Pay

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today announced it is has been engaged by Amazon to launch...