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DIFC releases report on progress towards GCC monetary union

A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was...

Investors Are Regaining Risk Appetite

...but Below-Trend Growth & Over-Valuation Cause Concern Global investors have regained appetite for risk against the backdrop of strong liquidity and a fairly positive economic...

Dubai banking on support towards a stronger recovery

The increased domestic banking sector support to Dubai Inc has brought exposure to the public sector as percent of capital to the highest level...

Abu Dhabi Financial Services becomes member of Nasdaq Dubai

The UAE- based broker Abu Dhabi Financial Services (ADFS), the financial brokerage arm of the National Bank of Abu Dhabi (NBAD), has joined Nasdaq...

One Million Air Miles awarded to HSBC Gold Air Miles Cardholder

A million possibilities to enjoy endless rewards await one lucky Cardholder of the recently launched exclusive Gold Air Miles Card, for being the first...

Better day for DFM

The Dubai Financial Market General Index rose 0.9 per cent to 4,511.25 at 12:55 pm, rebounding from its lowest close since October 8. Dubai shares...

DFM inaugurates Annual Stock Game for Students

Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and...

Abu Dhabi Finance established

Abu Dhabi's five largest companies: Mubadala Development, Abu Dhabi Commercial Bank, Aldar Properties, Sorouh Real Estate and the Tourism Development and Investment Company, will...

Regional markets to close February in the green as KSA struggles...

Regional markets are showing resiliency for the first time in a long time as they ride out another volatile week and preserve monthly gains....

Asian Hedge Funds top Equity Markets again in 2011

Asian hedge funds outperformed volatile regional equity markets in 2011, marking the second consecutive year of such outperformance, according to data released today by HFR

Small business finance in the search of innovative solutions

Alternative Financing - the small business finance alternative during economic uncertainty As a consequence of the distressed and even recovering economy, few commercial lenders are...

Investors Concerned about Overvaluation in Equity, Bond Markets

Investors see growing overvaluations in equities and bonds and have signaled concern about a valuation bubble forming, according to the BofA Merrill Lynch Fund...

Regional Markets Set for Subdued Trading Activity

International markets ended last week’s trading on a mixed note with trade tensions and the G7 meeting in Canada being the main focus for...

Forbes Middle East: A map for new investments

"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...

Banking sector- the most targeted for cybercrime in UAE

Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue...

The Significance of GCC Sovereign Funds

A fundamental shift in global finance has thrown the GCC countries into full glare of the world spotlight amid surge of GCC sovereign funds. The...

One More Bank Cuts Gold Price Forecast

On Wednesday, Societe Generale revised on the downside its 2013 gold price forecast and respectively silver among precious metals. Among the base metals, the...

DGCX Monthly Volumes Rise 70% in May

The Region's Leading Derivatives Marketplace Exchange registers monthly volume record of 1.4 million contracts, valued at $ 48.47 billion Year to Date Volumes rise by 107...