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Twitter is estimated to be worth $9 billion before IPO

Twitter Inc. was valued at about $9 billion after early employees sold $80 million in shares to a fund managed by BlackRock Inc. This...

Hedge Funds Post August Decline As Political Tension Rise

Risks rise over Emerging Markets, Syria, Fed stimulus extraction; Mixed performance in Event Driven, Relative Value Arbitrage as HFRI posts 2nd decline for 2013 Hedge funds...

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...

Aabar assets reach $10 billion

Abu Dhabi's Aabar Investments, which has stakes in Daimler AG and Virgin Galactic, said that its assets have grown to $10 billion and that...

ZonesCorp Establishes Comprehensive ADM Representative Office

In line with commitment to provide the best industrial and administrative services to its clients, and its aim to raise them to be on...

Hedge Funds Continue Gaining, Despite Selloff in Commodities

HFRI extends 1Q performance and high watermark with 6th consecutive monthly gain; Quantitative, Trend Following Macro CTAs post strongest gain in 10 months Hedge funds posted...

Sukuk Market Recovery Expected in 2011 – 12

Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the...

The Dubai Bond four times subscribed

The Dubai government is set to raise as much as $1.25bn as its sovereign bond issue moved to price on Wednesday, reported The Financial...

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

Hedge Funds post November Gains as Fiscal Cliff Looms

Relative Value, Event Driven leads gains on M&A and special dividends; HFRI Fund Weighted Composite Index posts 5th gain in 6 months Hedge funds posted gains...

Real Estate Still Top Investment for UAE Residents

Real estate is the most popular class for investment for UAE residents, according to a new survey. Although investors prefer property over the traditional...

Dubai FDI launches digital magazine to showcase advantages of investing in...

‘Invest,’ now on Apple Newsstand, has tips and testimonials on setting up business in Dubai The Dubai Investment Development Agency (Dubai FDI), an agency of...

FAB Launches 2021 Global Investment Outlook Report

Report forecasts a good return to growth as economies emerge from COVID-19, but with a period of stabilisation before acceleration in late 2021 First Abu...

The UAE highlights investment opportunities to Bottom Saxony delegation

Minister of Economy emphasizes the strength of UAE Economy and Commends ability of Dubai economy to deal with global challenges Invites Airbus...

Istithmar World Capital defaulted on mortgage on New York’s Hotel

Istithmar World Capital, the investment arm of the Dubai government, has defaulted on its $300 million mortgage on the former Knickerbocker Hotel site in Times...

‘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,...

FAB Wealth Sentiment Index up 1.56% in June

Index score increases from 1038.28 in May, to 1054.52 in June 2017 First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...

Abu Dhabi to launch agency for foreign investments

Mohamed Omar Abdullah, under secretary of Abu Dhabi's department of economic development said that the emirate plans to set up a dedicated investment agency...