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Outlook 2020: Global Growth Can Endure Over the Coming Year

Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...

Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion

Islamic economy registers 5.2 per cent growth over previous year UAE ranks first across five of seven Islamic economy sectors Investments in Islamic...

Abu Dhabi Fund for Development Disburses Billions in Development, Investment Expenditure

Mohammed Saif Al Suwaidi: The Fund works as a strategic partner of developing countries in priority projects, programmes and objectives ADFD adopts a...

Regional Investors Expected to Closely Monitor OPEC Meeting

Global equity markets staged a recovery during the previous week on the back of continued optimism over progress made towards Phase 1 trade deal...

Investors to Rebalance Portfolios According to Changing Macroeconomic Environment Globally

Investors are expected to rebalance their portfolios to align it with the changing macroeconomic environment globally – Allied Investment Partners PJSC Market Report Global equity...

Dubai FDI announces its Global Promotional Investment Program for 2020

Program to include official trips to US, India, China and Australia Dubai FDI, the investment development agency of Dubai Economy, has announced its series of...

Rebalancing Portfolios Should Weigh on Regional Equities in Coming Weeks

Global equity markets extended the positive streak for the fifth consecutive week on the back of US-China agreeing to cancel tariffs in phases and...

Positive Global Sentiment, Strengthening Oil Prices to Support Trading Activity

Global equity markets closed on a positive note during the week as sign of constructive development on the US-China trade front coupled with upbeat...

Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...

· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange · Ceremony reinforces Dubai’s...

Dubai International Financial Centre Receives FinX FinTech Hub of the Year...

The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector Dynamic and robust FinTech...

DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...

DMCC Unveils New Dubai Diamond Exchange – The Largest Diamond Trading...

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today unveiled the redesigned and upgraded...

DFM Launches ‘myAccount’ Electronic Service for Dividends Distribution

As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai...

Trading Activity in Regional Markets to be Influenced by Global Equities

Global equities closed on a positive note for the second consecutive week as investors turned optimistic about the progress made in the US-China trade...

Emirates NBD to increase Foreign Ownership Limit to 40%

Emirates NBD Bank, Emirates NBD, today announced its intention to increase Foreign Ownership Limit, FOL, to 40 percent in the future, and will seek...

Trading activity expected to be largely driven by developments in global...

Global equity markets closed the week on a positive note on the back of growing optimism over a possible trade deal between the US...

Retaliatory tariffs by US, China to dominate trading activity across markets

Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...

Global Uncertainties Are Likely to Keep Volatility at Elevated Levels

Last week, global equity markets closed lower for the third consecutive week on concerns over slowing global growth. The downward pressure intensified mid-week on...