Emaar Properties Q1 2012 net operating profit up 44%
Revenue of malls and hospitality increased by 25%; account for 58% of the company’s total revenue
Unveils ‘Dubai Modern Art Museum & Opera House District’...
Dubai to launch sovereign bond of up to $1.5 billion
Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion. The bond may be launched this week, two sources...
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...
Sovereign Financial Institutions taxation discussed in Abu Dhabi
Numbers of Sovereign Financial Institutions increased to as many as 40 worldwide since 1950s
Sovereign Financial Institutions potential growth expected to range between US$6 and...
Trade Gold in Electronic Form from Dubai, UAE
Enables customers to buy gold in electronic form
Operates like foreign currency account designated with XAU currency code
Focus on Emirates NBD customers with existing current...
Hedge Funds begin 2012 with strong gains
Emerging Markets gain +5.3 percent, leading broad-based advance
Hedge funds opened 2012 by posting broad-based gains in January, with the HFRI Fund Weighted Composite Index...
Asian Hedge Funds top Equity Markets again in 2011
Asian hedge funds outperformed volatile regional equity markets in 2011, marking the second consecutive year of such outperformance, according to data released today by HFR
2011 MENA M&A deal volumes up by 4%; values decrease by...
Total Mergers & Acquisitions (M&A) deal volumes in the Middle East and North Africa (MENA) region registered a rise of 4% last year, from 401 in 2010 to 416 in 2011
Dubai FDI brings in AED3.44 billion, 77 companies in 2011
Dubai FDI, the foreign investment office in the Department of Economic Development in Dubai, succeeded in attracting and promoting 77 companies in the emirate during 2011.
With $400 billion ‘in play’, hedge funds face challenges
The hedge funds industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail,...
Abu Dhabi long term ratings Aa2, Moody’s
Moody's Investors Service's has detailed its summary credit opinion on Abu Dhabi, which includes certain regulatory disclosures regarding its ratings.
Global investors display renewed optimism; Risk appetite on the rise
Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for risk
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.
Opportunity to develop local asset-management industry
The accumulated assets of a UAE pensions system would probably run into hundreds of billions of dollars, granting a significant opportunity to develop a local asset-management industry.
Brent, corn and gold investments to perform well in 2012
Commodities had an eventful year all-together, but ended the 2011 roughly unchanged. The energy-heavy MLCX TR and S&P GSCI TR indexes returned -2.6% and -1.2%...
Wealth Management Year ahead 2012, Key Investments
Investors should focus on investments that offer yield, quality and diversification amid expectations that the global economy will avoid recession but experience fragile growth in 2012
Emirates NBD Asset Management Money Market Fund breaks US100 million
Emirates NBD Asset Management announced that its Emirates Islamic Money Market Fund attracted more than US100 million from investors 18 months since launch.
Hollywood memorabilia at the Holiday Auction Extravaganza
Premiere Props announced today that they will be auctioning iconic Hollywood memorabilia at their Holiday Auction Extravaganza