Investors Eye Opportunities As Central Banks Discuss Coronavirus Action
Global investors are taking advantage of buying opportunities ahead of policymakers looking to take more coordinated action on propping up economies due to the...
MENA IPOs up 344% in the first quarter of 2012
Five IPOs in the region - three in KSA and one each in Oman and the UAE
UAE’s NMC Healthcare lists on the London Stock...
Emirates Money launches ‘Loan against Property’ for UAE residents
Loans of up to AED 3 million offered to UAE residents, against property owned in UAE
Repayment tenors of up to 15 years with facility...
Regional Markets to Trade Sideways Short Term
US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...
250 opportunities to experience more of UAE
American Express Middle East announced the launch of its ‘Experience UAE’ campaign.
MENA Investors Shift Focus from UAE Residential to Hospitality Market
UAE's residential market continues to be the most preferred investment choice for MENA investors. According to JLL’s 2014 MENA Investors Sentiment Survey, the regional...
Top 8 Financial Mistakes to Avoid
Are you spending too much? A weekly trip to the mall, gifts for the kids with or without occasion, using your credit card for...
GCC banks report single digit profit growth
Net earnings of GCC banks under Global Investment House's coverage increased 4.7%YoY to USD5.3bn in 4Q15. Net profit of banks in the UAE increased the...
Emaar Properties Launches $500M 5.5-Yr Sukuk; 8.5% Pft Rate
Emaar Properties launches a benchmark dollar-denominated bond as part its $2 billion Islamic bond program.
Benchmark bonds are typically at least $500 million in size.
Market...
Dollar rallies vs Euro as unemployment rate in US falls to...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
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...
Adopt early to changes in Payments Industry
Close examination of the “innovation clusters”, known also as incubators for new technology aiming at consumer simplicity, now signals that an innovation in the payments industry is ready for prime time.
Trading activity to be driven by movement in global markets, oil...
The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...
Emaar seeks $800 mln loan guaranteed with shopping malls
Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...
SCA launches a new service for iPhone and iPad users
As part of its efforts to improve the e-services rendered to investors, dealers, partners and researchers, the Emirates Securities and Commodities Authority (SCA) announced...
Emaar extends the time for mortgage repayments
Customers of Emaar Properties have been given a breather in terms of extending the time for repayment of mortgages, a senior official of the...