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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...

DFM announced it will apply three decimal Tick Size system on...

Dubai Financial Market (DFM) announced today it will apply the three decimal Tick Size system only on securities with a market value below AED...

DFM Weekly Roundup

Throughout the week, the Dubai Financial Market General Index increased by 6.12%, gaining a total of 92.38 points tto close at 1 601.24 points,...

Dubai Financial Market General Index up by 20.5 percent

The Dubai Financial Market General Index increased by 20.5 percent to 1730.4 points at the end of February compared to 1435.7 points at the...

Dubai World seeking to sell Inchcape Shipping Services

Dubai World has been seeking to sell Inchcape Shipping Services (ISS). The port and shipping agent was put up for sale recently by...

Physical Gold Demand Hit 7-Year Low in 2016

After three years of losses, gold prices rebounded in 2016. As a result physical gold demand dropped 20 percent, its lowest since 2009, according...

Finance ministry begins disbursing 2nd tranche of Government support to banks

UAE Ministry of Finance announced that after its completion of paying the first tranche of the Banking Support facility declared by the Government,...

BofA Merrill Lynch Fund Manager Survey finds sentiment moving against...

Investors expressing preference for corporate over sovereign risk Investors have recovered their bullishness towards equity markets but are shifting their focus away...

Foreign investors purchase AED 1.392 billion worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 689.4 million during last week, and value of shares sold reached AED 1.135 billion Dubai Financial...

Global Assets under Management to Double by 2025

As the world's population starts to live longer, there's one industry set to capitalize on retirement plans. The asset and wealth management sector is set...

Fundamentally Positive on Gold Prices, but Short Term Bearish

Gold prices settled lower for the week last Friday, suffering from their first monthly decline since March. The fourth straight weekly fall was driven...

MENA M&A Market Started 2015 on a Positive Note

The MENA M&A market depicted a steady activity during 1Q2015, prolonging its 9-month positive performance. Despite depressed oil prices and the regional political turmoil...

Local markets expected to rally on Dubai World’s debt agreement announcement

UAE stock markets are pre-positioned to rally strongly after the announcement that 99 per cent of creditors have approved a $23.5 billion debt rescheduling...

Physical silver is a long-term safe haven

It is not a secret that silver is much better long-term investment than gold. This is attributed to the more diversified use of the white metal,...

Emcredit’s ISO 27001 information security certification reaffirmed

Retains certification for second consecutive year Underlines international standards followed for data collection and dissemination process Emcredit the...

Cash, shares, property, gold or silver?

Investors should adjust their risk appetite to austerity measures Nowadays, investors face hard times, because interest rates are low and cash and government bonds...

Number One Brokerage Firm in UAE

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial group, announced today that ADIB Securities, its brokerage subsidiary, was ranked number one brokerage firm...

Global Recession Roundup

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...