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A Train Wreck in the Bond Markets

Why investors, fearful of currency depreciation, have turned to gold... NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro. Well,...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

Foreign investors purchase AED 1.117 billion worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...

Private Equity deals on the rise in 2012 in Middle East

Private Equity Investors vie for opportunities in defensive sectors Middle East private equity investors are increasingly seeking opportunities in defensive sectors, according to Deloitte. Education,...

‘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,...

How Banking and Financial Software Are Changing The Game

Few industries are more complex or contain more moving parts than the financial and banking industries. On top of this complexity are higher stakes,...

Ban on insiders’ trading took effect on Sunday

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on Sunday, 17th March 2019, in...

Binghatti’s First Bond Market Debut Soars at Over 200% Subscription

The leading Dubai real estate developer Binghatti, has achieved a significant milestone with the successful launch of its inaugural USD 300 million 3-year Sukuk...

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...

Dubai Government to help part of Dubai World proposal

Arabic language daily Al Ittihad said Dubai World would receive aid from the Dubai Financial Support Fund (DFSF) for financing operating expenses and payments...

Asian hedge fund industry expands to a record number

HFRX India, Korea Indices post industry-leading 3Q gains Hedge funds in China, Japan continue to lead Nikkei, Shanghai Composite The Asian hedge fund industry expanded to...

Main sea freight index up on increased demand for large vessels

Rosier times ahead of shipping stocks The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...

Aabar assets reach $10 billion

Abu Dhabi's Aabar Investments, which has stakes in Daimler AG and Virgin Galactic, said that its assets have grown to $10 billion and that...

GCC consumers would benefit from reforms in the financial services industry

*According to a new leadership roundtable report from Insight Discovery GCC consumers stand to benefit enormously from the adoption of global best practice by the...

Aldar Investments to Acquire Full Ownership of Etihad Plaza, Etihad Airways...

Aldar Investment Properties LLC (“Aldar Investments”) is pleased to announce that it has agreed to acquire full ownership of Etihad Plaza and Etihad Airways...

Middle East Credit Reporting Association convenes to strengthen development of regional...

Inaugural board meeting to review strategy to strengthen credit reporting operations across region Members of the Middle East Credit Reporting Association ...

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...

Dubai Gold and Commodities Exchange plans derivatives trading

Dubai DGCX plans to offer Sensex Futures "very soon" As part of its expansion plans, the Dubai Gold and Commodities Exchange, DGCX, plans to...