UAE’s first gold bullion coin unveiled in Dubai
In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...
Sukuk market for GCC companies continues to expand
According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...
Emirates NBD Asset Management announces dividend
Boards of Jersey-based funds approve formal dividend payout for H1 2011
Stellar performance on income fund suite
Fixed income suite delivers significant capital growth
Emirates NBD Asset...
Gulf Bond Fund shows consistent performance of 3.29% for H1 of...
GIC’s Gulf Bond Fund has the longest track record in GCC
Largest GCC bond fund provides weekly subscription and redemption schemes
84% of...
Regional office of Islamic Corp for Insurance of Investment and Export...
An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...
J.P. Morgan appoints Senior Country Officer for Middle East, based in...
J.P. Morgan announced today that it has appointed Sjoerd Leenart to be the Senior Country Officer of the Middle East and North Africa (MENA)...
Dubai launches smaller bond issue in return for better price
Dubai Government launched a $500 million 10-year bond on Wednesday, according to sources. Lead arrangers commented that it seems the emirate prefers smaller bond...
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...
‘Best Fund Management Company’ at Arab Achievement Awards 2011
Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...
First Internet IPO on DFM
After the eruption of the financial crises of 2008, it is no secret for people in business circles, that investors (both retail and institutional)...
Emirates prepares for dollar-denominated bond issue
Emirates Airline, Dubai's flagship carrier has picked four banks to arrange meetings for a prospective dollar-denominated bond issue, according to a statement issued today.
HSBC,...
LinkedIn prices IPO at $45; shares doubled
LinkedIn priced its initial public offering at $45 a share, the high end of its range. It began trading Thursday on New York Stock...
Precious metals rally on freash concerns about inflation
Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week.
Gold for...
Emerging Markets most favored by global investors; Equity positioning
The May Fund Manager Survey of BofA Merrill Lynch shows an increase in global investors’ allocations to emerging markets (EM). A net +29% are...
Gold demand strong; predicted prices around $2000
Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the...
Emirates NBD Asset Management fixed income funds perform strong
Emirates Islamic Money Market Fund ranks amongst top
10 per cent of US Dollar Money Market funds globally
Sharia-compliant Emirates ...
Forbes Middle East: A map for new investments
"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...
If you are into stocks, follow the big money
Higher energy prices, Japan supply chain disruptions and fear of continuous depreciation of the U.S. dollar were supposed to scare investors off tacking risks...