Global commercial real estate investment volumes decline by 8%, report
Global commercial real estate investment volumes at US$96bn in Q3 2012
Strong performance in major global property investment markets continues despite 8% total volume decline...
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...
Coronavirus Could Push Global Economy into Recession, Investors Warned
Coronavirus and heightening geopolitical and trade tensions can be expected to drive the world to the brink of a global recession this year. Investors...
Social Affairs Ministry denies converting Arkan shares to social assistance recipients
The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...
Global Award for Brand Leadership in Banking and Financial Services
Emirates NBD announced today, that it has won the 2011 Global Award for “Brand Leadership in Banking and Financial Services.”
Cancer Cover Insurance for Women by Takaful
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...
Emaar seeks $800 mln loan guaranteed with shopping malls
Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...
We Are All Big Debtors! $27,640 per Person
Global debt levels have reached new heights. A report by McKinsey Global Institute has estimated that the world’s debt now amounts to a total...
Facebook preparing for an IPO
Facebook is preparing for an IPO that is expected to surpass $100 billion, according to a new report.
If the forthcoming initial public offering surpasses...
EmiratesNBD opens branch in London
UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank.
Emirates Bank and the National Bank of Dubai were merged in...
Eurozone concerns spread to core economies
BofA Merrill Lynch Fund Manager Survey Finds Investors Warning Of A Dip In Global Corporate Profits
Investor confidence has weakened further, led by a sharp...
10 Major Mining Companies Produced Over 900 Tons of Gold in...
As global economic uncertainty continues to rise, the demand for gold as a safe haven investment and commodity has also increased, driving up its...
DGCX daily volume surged to a new daily volume high
Exchange Trades 20,112 contracts on July 12, valued at US $ 996.12 million
Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a...
UAE’s Financial Wealth Grows to $600 Billion Despite Pandemic Challenges
51% of the country’s wealth is owned by individuals whose net worth is more than $5 million.
The United Arab Emirates (UAE) financial wealth grew...
Standard Life announces Asia, Middle East expansion
Standard Life announced today that it will set up a new unit in Hong Kong, Singapore and Dubai to oversee and support its Asia...
Investors take a more strategic approach as increased optimism returns to...
Investors take a more strategic approach as increased optimism returns to MENA real estate market according to Jones Lang LaSalle’s Seventh MENA Real Estate...
Nasdaq Dubai unveils new rules for IPOs and listed firms
Exchange operator Nasdaq Dubai on Tuesday unveiled new rules for initial public offerings and reporting requirements for listed firms as it seeks to boost...
New Capital Protected Gold Notes and Mutual Fund Investment Combinations
Abu Dhabi Islamic Bank’s (ADIB) announced the launch of its Capital Protected Gold Notes that can be combined with a selection of mutual funds.