Finance

Wealth-X and UBS Billionaire Census 2013 shows Asia as fastest growing region with 18 new billionaires in 2013

Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.

Last Friday, gold futures closed higher, posting a gain of almost 3% on weekly basis. A fall in U.S. consumer sentiment helped lift the...

Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.

Last Friday, gold for December delivery fell $8.40, or 0.6%, to settle at $1,314.60 an ounce on the Comex division of the New York...

Risk associated with the U.S. economy has escalated, though sentiment towards Europe has improved

Failure by the world’s largest borrower to pay its debt will devastate stock markets across the globe.

Abu Dhabi and Dubai have hired banks to advise on a possible merger of their two main stock exchanges, a state-backed deal that could...

The Dubai Financial Market General Index up 9.5% to 2762.5 points at the end of September compared to 2523.1points at the end of August. At...

Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...

Asian and European markets are on the decline on Monday in response to a negative news flow from across the continents. The US House of...

An in-depth report which offers insight into the complex investment behaviour of sovereign investors across the globe

H.E. Helal Saeed Almarri of DTCM announces Municipality Fee waiver for three and four star hotel developments at Day 2 of The Hotel Show Helal...

Dubai shares rose to their highest level in almost five years on Sunday. Retail investors bought heavily into small-caps ahead of the third-quarter earnings...

Gold prices closed with a more than 1% gain last Friday. Gold for December delivery rose $15.10, or 1.1%, to settle at $1,339.20 an...

Almost all (97%) UAE based western expats spend some of their disposable income on luxurious lifestyle choices, compared to 51% in Singapore and 47%...

Valuations are attractive. BofA's latest analysis comparing PB with ROE less COE suggests emerging markets (EMs) are 20% undervalued. Large sectors in bigger markets...

A number of local initial public offerings (IPO) is planned for the coming months amid ripe valuations and investor appetite for UAE stocks. Earlier this...