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Local IPOs in the pipeline

A number of local initial public offerings (IPO) is planned for the coming months amid ripe valuations and investor appetite for UAE stocks. Earlier this...

Sheikh Ahmed Bin Saeed Rings the Bell for Emirates Sukuk Listing...

His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group today rang the opening bell at Dubai Financial...

Fundamentally Positive on Gold Prices, but Short Term Bearish

Gold prices settled lower for the week last Friday, suffering from their first monthly decline since March. The fourth straight weekly fall was driven...

S&P affirms Abu Dhabi’s ratings

S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...

Financial Literacy for Individuals Becomes a Priority in UAE

UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’ Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...

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...

Foreign investors purchase AED 947.5 million worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 652.2 million during last week, and value of shares sold reached AED 409.7 million. Dubai Financial...

UAE GDP rose more than 236-fold in 2014

The Annual Investment Meeting (AIM 2015) was inaugurated on Monday, March 30th, 2015, at the Dubai International Convention and Exhibition Centre. Day One saw impressive...

UAE’s financial markets to close for Eid Al Fitr holiday

The Eid Al Fitr holiday for the financial markets will start on Friday, August 17 ( corresponding to 29 Ramadan) and will run until...

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,...

DED and Mashreq sign agreement to facilitate electronic payment of trade...

The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...

MENA IPOs raised approximately US$2b in 2012

Three IPOs raised approximately US$339.8m in Q4 2012 MENA IPOs in 2012 up 134% compared to 2011 KSA’s Dallah Healthcare Holding Company lists on the Saudi...

Merrill Lynch Wealth Management strengthens Middle East team

Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...

DIFC Courts introduced fully paperless infrastructure

// DIFC Courts, the Dubai International Financial Centre's (DIFC) independent, common law judicial system, on Wednesday said it introduced a new, groundbreaking, fully paperless...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...

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",...

Latest Middle East Asset Management Study from Invesco

Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...

High Technology leads FDI Flows into Dubai

Dubai ranks first globally in the share of FDI in technology transfer The digital transformation of international production, coupled with Dubai’s on-going transformation into a...