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Capital markets to close from 2 December for national day

In line with the circular issued by the Federal Authority for Government Human Resources regarding the public holidays on the occasion of the 39th...

Foreign investors purchase AED 699.3 mn worth of shares on DFM...

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 5 - July 7)...

LinkedIn prices IPO at $45; shares doubled

LinkedIn priced its initial public offering at $45 a share, the high end of its range. It began trading Thursday on New York Stock...

Emirates NBD wins Marketing Department of the Year at 2011 International...

Also recognised as Distinguished Honoree for “Truth and Reality” Campaign Highlights achievement of Emirates NBD’s international brand building strategy Recipients of International Stevie Award trophies were...

DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...

The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...

UAE currency to be printed on home turf

The Central Bank of the United Arab Emirates and the Emirates Investment Authority (EIA) signed a deal to introduce a mint in the country...

Emirates NBD wins Banker Middle East – Products Award for Best...

Winners selected by poll  of 10,500 financial services professionals Emirates NBD builds on 2009 award for Best Retail Bank Emirates...

Global Investment Funds Increase Allocations to UAE

Inflows to Frontier Market funds, which have been a key driver of outperformance relative to emerging markets, resumed after a small pullback in June,...

Investors Concerned That Global Economic Recovery Could Falter

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

Emirates NBD showcases consumer finance products at Arabian Centre mall

Bank to offer guidance on personal finance solutions at third outreach event at local shopping centre In line with its commitment to reach...

Economic uncertainties fade, data drives global markets

Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies Euro strengthens to two-week high after Spain seeks bailout fund The...

Facebook IPO live, traded at $42.05 up over 10%

Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade was expected at US $42, with 65 million shares...

DGCX volumes crosses 300,000 contracts in July 2011

Highest ever monthly volume since inception, with 310,990 contracts traded Indian Rupee futures cross one million mark in July Dubai Gold and Commodities Exchange (DGCX) achieved...

Why you should ignore the “slowdown” in emerging markets

Despite a most recent slowdown, emerging markets would continue to hold great potential for investors. Didier Saint Georges of Carmignac Gestion, one of the...

Emirates Money loan book reaches AED 1 billion in two years

Innovative UAE-based consumer finance company witnesses sustained growth despite global downturn Demonstrating the appeal of its unique product range, Emirates Money, a consumer finance company...

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...

Know your ETF risk

ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...

UAE’s Financial Markets to remain closed on Thursday

The Financial Markets in the country will remain closed on Thursday on account of "Al-Mawlid Al-Nabawi", Prophet Mohammed (PBUH) Birthday, the Emirates Securities and...