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Hedge Funds conclude strong Q1

Gains across Equity, Event & Arbitrage strategies offset Macro declines in March; HFRI Fund Weighted Composite concludes best 1Q since 2006 Hedge funds performance was essentially unchanged...

Keeping the British Pound

To keep or to ditch the British Pound has been an ongoing debate in the UK since the introduction of the Euro, over...

Regional markets rally forward with 2.3% gain last week

Positive oil-related triggers needed to sustain recent upswing After a one-week break, buyers reasserted themselves pushing regional markets, especially those GCC, back in the black,...

Dubai Financial Market Performance in February 2013

The Dubai Financial Market General Index rose 2.1% to 1927.1 points at the end of February compared to 1887.6 points at the end of...

Interest Rate Differentials Trigger Dollar Selling

The US dollar sold off today in favor of higher yielding currencies with the largest gains seen in the euro and Aussie dollar. The...

Emirates NBD wins Marketing Department of the Year at 2011 International...

Also recognised as Distinguished Honoree for “Truth and Reality” Campaign Highlights achievement of Emirates NBD’s international brand building strategy Recipients of International Stevie Award trophies were...

Dubai Financial Market investor base up 26.48% to 535,563 investor in...

The Dubai Financial Market (DFM), the first regional exchange to go public and the leading Islamic financial market globally, revealed that numbers of investors...

DFSA Issues General Investor Statement on Cryptocurrencies

The Dubai Financial Services Authority (DFSA) wishes to draw investors’ attention to certain new and evolving online offerings. These product offerings tend to involve...

MoF to establish Organization for Recording Capital Asset Mortgages

Ministry of Finance is studying possibility of setting up an organization to keep records of mortgages of capital assets to ensure funding for national small and medium enterprises.

Eid Al Adha break for UAE’s financial markets announced

The Securities and Commodities Authority (SCA) announced that the Eid Al Adha holidays for the financial markets will begin on Thursday, 25 October 2012,...

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...

Mahra Ladies Banking designed exclusively for today’s woman

Mahra Ladies Banking provides significant discounts at shops, restaurants, hotels and resorts Additional benefits include concierge services, free valet parking, unlimited access to Ladies Clubs...

Dubai shares surge to 5-year high on heavy buying

Dubai shares rose to their highest level in almost five years on Sunday. Retail investors bought heavily into small-caps ahead of the third-quarter earnings...

Dubai’s Real Estate Market Leader IPO Set for Early November

Emaar Properties board chairman Mohamed Alabbar on Saturday said he expects that a 30% stake of Emaar Development will be offered for public subscription...

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...

Rosy perspectives for mortgage providers in Dubai

Mortgage providers in Dubai introduce higher quality products Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...

No Imminent VAT Introduction in UAE

An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...

Business, Political Uncertainty Driving Middle Eastern Investors To Secondary Commercial Locations

Amsterdam heads list of alternative office investment destinations Some Middle East and Asian investors are diversifying from UK to Dutch office space investment Savills,...