UAE GDP grows 4.4 percent in Q4 2018
Driven by increased buoyancy in non-oil sector, and accelerated growth in oil production from October to December 2018, the UAE gross domestic product (GDP)...
The Central Bank plans Dirham-Dollar Swaps to support banks
The United Arab Emirates central bank said on Wednesday it would provide UAE dirham-U.S. dollar swap facilities to banks to further support the banking...
“In Dubai we are not good in publicizing what we are...
Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...
Nine out of ten UAE home buyers now end-users
Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...
Dubai Bank signs strategic alliance with SALAMA for Takaful products
1. Wide range of Takaful plans available to Dubai Bank customers
2. Supports customers in addressing education, retirement planning and other short and long-term goals
Expanding...
Banks to provide financing to Bloom Gardens project
Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7.
The...
Varengold Adds 15 Currency Pairs
Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian...
UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
UAE will not be party to GCC monetray union agreement
The UAE has decided not to take part in the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official...
DFSA to Launch Cyber Threat Intelligence Platform
DFSA to lead Cyber Threat Intelligence Sharing Community in the DIFC
The Dubai Financial Services Authority (DFSA) is launching a Cyber Threat Intelligence Platform (Platform)...
DMCC successfully redeems US$200 million sukuk
Final US$20 million repayment on five-year Islamic bond made on schedule
Demonstrates underlying financial strength of DMCC
Underscores rapid growth...
Emirates NBD introduces seed capital initiative for UAE nationals
•   Opportunity for young Emirati entrepreneurs to start up own business
•   In line with strong commitment to supporting UAE nationals
Emirates NBD, the largest banking...
UAE financial markets to close on Thursday
Securities and Commodities Authority(SCA) has announced that the financial markets nationwide will close on Thursday, Nov. 15, and resume transactions on Sunday, Nov. 18,...
Emaar Properties lists USD 750 million Sukuk on Nasdaq Dubai
Emaar Properties listed a 750 million US dollar Sukuk today on Nasdaq Dubai, the region's international financial exchange.
The listing has raised the total value...
FGB Launches First Gulf Bank Business School
New institution targeted at staff of FGB and subsidiaries to promote Emiratisation in banking sector
Under the patronage of its Chairman HH Sheikh Tahnoon...
Bankruptcy and Financial Restructuring Law to apply to individuals in UAE
Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.
SCA to issue new regulations to enhance stock markets
The 5th Annual Conference of the UAE Securities and Commodities Authority (ESCA) was held here in Dubai under the auspices of Engineer Sultan bin...
Dubai Financial Market in Final Stages of Launching New Trading Platform...
Dubai Financial Market (DFM) announced today that it's in the final stages of launching the new state of the art trading system "X- Stream",...