Emirates NBD to increase Foreign Ownership Limit to 40%
Emirates NBD Bank, Emirates NBD, today announced its intention to increase Foreign Ownership Limit, FOL, to 40 percent in the future, and will seek...
Trading activity expected to be largely driven by developments in global...
Global equity markets closed the week on a positive note on the back of growing optimism over a possible trade deal between the US...
Retaliatory tariffs by US, China to dominate trading activity across markets
Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...
Global Uncertainties Are Likely to Keep Volatility at Elevated Levels
Last week, global equity markets closed lower for the third consecutive week on concerns over slowing global growth. The downward pressure intensified mid-week on...
Regional markets positive in July; Trading to remain subdued
Global equity recorded one of the worst weekly performances of the year on the back of worries that escalating trade tensions and the rising...
DGCX Records Best Ever Month in its 14-Year History
The Dubai Gold and Commodities Exchange (DGCX) has registered its best ever month in its 14-year history, recording volumes of 2.382 million lots valued...
DME records strong growth in forward trading; record number of participants
Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
Record number of participants trading Oman futures contract in 2019
...
Equity markets expected to be influenced by more earnings announcements
Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...
Regional markets positively influenced by Q2 2019 corporate earnings
Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....
UAE Private Wealth Continues to Soar Amidst Global Decline
Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group...
Trading activity expected to be subdued during Ramadan
Global equity markets witnessed mixed performance during the week. The US economy is rebounding after a soft patch. The Fed has decided to keep...
Emaar Malls to distribute Dh1.3b cash dividends to shareholders
The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...
Rising oil prices are positive for regional markets
Global equity markets closed the week on a negative note as investors turn cautious ahead of the start of the earnings season. The export...
Investments to UAE expected to rise by 20% in 2019
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 percent this year, from...
Ministry of Finance and Arab Monetary Fund to organise the Arab...
The forum is being organised in cooperation with the Federal Tax Authority and the International Tax and Investment Centre
The Ministry of Finance (MoF) and...
Double taxation agreement between UAE and Saudi Arabia comes into effect
The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries
It...
Regional equity markets expected to be positively influenced by global markets...
Global equity markets closed the week on a positive note on the back optimism over the progress in trade talks between the US and...
Sentiments of global markets expected to influence trading activity
Global equity markets closed the week on a positive note on the back of optimism over progress in talks between the US and China....