Crypto Market Crash – Industry Reaction
The cryptocurrency market has recently experienced significant turbulence, marked by sharp declines in major crypto assets and heightened volatility. In the past 24 hours,...
UNCTAD World Investment Forum 2020 to Take Place in Abu Dhabi
Abu Dhabi to host United Nations forum on investment and technology for sustainable development
This December 6-10, Abu Dhabi will welcome government leaders, global CEOs...
The World’s Biggest Gold Mines
The economic carnage brought about by the Covid-19 pandemic has led to investors hedging against the ongoing volatility and that has driven the price...
Emirates Money loan book reaches AED 1 billion in two years
Innovative UAE-based consumer finance company witnesses sustained growth despite global downturn
Demonstrating the appeal of its unique product range, Emirates Money, a consumer finance company...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
Gold spot price at $1,515
Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...
24 Fintech to Host Top Government Officials and Global Finance Leaders
24 Fintech summit will feature 175 hours of expert-led content delivered by prominent speakers from leading Saudi and international financial institutions; including Financial Sector...
Dubai Economy, CBD To Provide Banking Services for DED Trader Licence...
Enables startups in Dubai to leverage online and social media for business growth
Further promotes and facilitates ease of doing business in Dubai
...
FAB Shareholders Approve Hefty Cash Dividend
First Abu Dhabi Bank (FAB) concluded its Annual General Meeting (AGM) today at FAB’s headquarters in Abu Dhabi. All items on the agenda were...
Kuwait Stock Exchange suspended trading until November 17
The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...
Deyaar Board Reaches Landmark Decision to Distribute Dividends
In a major milestone, the Board of Directors of Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in...
Bitcoin Crosses $41,000 Mark – Industry Reacts
Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...
Emirates NBD unveils largest illuminated National Flag in UAE
Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities
Aldar Investments to Acquire Full Ownership of Etihad Plaza, Etihad Airways...
Aldar Investment Properties LLC (“Aldar Investments”) is pleased to announce that it has agreed to acquire full ownership of Etihad Plaza and Etihad Airways...
Gallo Says European Bank Woes May Be `Lehman Times Ten’
Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talks with Bloomberg's Andrea Catherwood about the risk of weaknesses in the Spanish banking...
Emirates NBD Launches IPO Subscription Website
Fully digital platform to support investor participation ahead of upcoming listings on DFM
Individual investors to benefit from seamless, paperless journey from subscription to payment
Real-time...
Al Etihad Credit Bureau Completes System Integration with Dubai Courts
Al Etihad Credit Bureau (AECB) today announces it has started including court-ordered payment obligations from Dubai Courts in its Credit Reports, upon completing system integration...
Allianz Global Wealth Report 2024: Surprising Relief
Surprising relief: Global financial assets of private households increased by 7.6% in 2023, more than making up for the losses of the previous year
No...