Rising Infection Rates May Slowdown Economic Activity
Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...
Investors Will See Wall Street-triggered Global Sell-off as Buying Opportunity
The current global stock market sell-off will be seen by investors as a “major buying opportunity” as they go “bargain-hunting” to top-up their portfolios.
The...
Equity Markets Continue Upward Trajectory on The Back of Improving Macroeconomic...
Global equities recorded a strong performance in the week on the back of better than expected economic data and improving trend in COVID-19 cases....
Dubai Investments Reports Net Profit of AED 205 Million for H1...
Dubai Investments PJSC , the leading, diversified Investment company listed on the Dubai Financial Market, has reported net profit of AED 205 million for...
Equity Markets To See Increased Volatility on The Back of a...
Global equities rebounded during the week on the back of support from the Central Banks and better than expected economic data. US retail sales...
Signs of Long-term Recovery in Global Economies to Push Equity Markets...
Global equities recorded the worst weekly performance since March as selling pressure was triggered by cautious tone of the US Fed and news of...
Dubai Economy, CBD To Provide Banking Services for DED Trader Licence...
Enables startups in Dubai to leverage online and social media for business growth
Further promotes and facilitates ease of doing business in Dubai
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Oil Prices Recovery Expected to Impact Positively Domestic Markets
Global equities recorded one of their best weekly gains in two months, largely driven by stimulus measures and a surprise gain in US payrolls...
Dubai Investments Announces 10% Cash Dividend
Dubai Investments, the leading Middle East investment and a public joint stock company listed on the Dubai Financial Market (DFM), has announced distribution of...
Can GCC VAT Hikes Offset Covid-19’s Fiscal Impact?
Emergency tax measures introduced in the region include the extension by several months of due dates for filing tax returns, the reduction or elimination...
Easing of Restrictions in Domestic Markets, Recovery in Oil Prices to...
Global equities continued the positive trajectory for the second consecutive week on the back of optimism over gradual reopening of several economies across the...
Investors Should Be Cautious Due to Rising Global Markets Uncertainty
Global equities performed negatively during the week on the back of weak economic data, worries of a second pandemic wave and the timid recovery...
Banks’ Expertise Critical to Speed Up Economic Recovery Post COVID-19
Credit misallocation causing lasting risks to economies, and needs course-correction
Bankruptcy frameworks need to prepare for potential impact of credit losses on banking...
UAE Currently Does Not Intend to Increase VAT
The Ministry of Finance (MoF) has denied any plans currently to raise the Value Added Tax (VAT) in the United Arab Emirates. VAT is...
Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
How Will Asset Management Be Affected by Covid-19 Crisis?
The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...
Recovery in Oil Prices Positive Catalyst for Regional Markets
Global equities performed positively during the week as investors are encouraged by synchronized policy responses by leading Central Banks, and gradual reopening of the...
If You Can’t Make Mortgage Payments, Here Is a Few Steps...
When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...