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Markets push higher across Asia and Europe

Markets rallied strongly in Asia today morning, as investors jumped into stocks tied to global economic growth. South Korea’s Kospi jumped 3.8%, Australia’s S&P/ASX...

Stocks are Undervalued

The summer lows that the U.A.E. markets appear to have set in the past days  raise a question: How much support can the market...

NASDAQ Dubai to migrate Dubai Gold Securities trading to DFM

NASDAQ Dubai intends to migrate the trading of Dubai Gold Securities to the DFM X-Stream Trading Platform. Clearing, Settlement and Custody of Dubai Gold Securities...

MENA Private Equity Association launches Online Directory

The MENA Private Equity Association has today launched a free directory aimed at entrepreneurs and businesses looking for venture capital funding. Over 50 VC...

DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...

Ernst & Young MENA announces 20 new partners

Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...

CFA Institute announces June 2011 worldwide CFA Exam Results

CFA Institute announced today that 43 percent of 115,027 current and aspiring investment professionals worldwide passed the June 2011 CFA exams, bringing them one...

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...

UAE to host Exceptional Meeting for Council of Arab Ministers of...

The UAE has announced that it will be hosting the exceptional meeting for the Council of Arab Ministers of Finance in Abu Dhabi on...

UAE’s first gold bullion coin unveiled in Dubai

In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

DGCX volumes cross two million mark in 2011

76% increase on YTD volume compared to 2010 The Dubai Gold and Commodities Exchange (DGCX) today announced that its year-to-date (YTD) volumes surpassed the two...

Emirates NBD named Asia’s Best Brand at 2011 CMO Asia Awards

Award recognises mind, market and commitment share of Emirates NBD brand among consumers Highlights achievement of Emirates NBD’s international expansion strategy Emirates NBD, a leading bank...

Dubai Mercantile Exchange sets new records in July

The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...

UAE Central Bank will keep Dollar Peg

The United Arab Emirates will keep its dollar peg despite  S&P's downgrade of the U.S. economy, according to a central bank official comments to...

Markets tumble; Spot the buying opportunities!

Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...

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...

Emirates NBD Asset Management announces dividend

Boards of Jersey-based funds approve formal dividend payout for H1 2011 Stellar performance on income fund suite Fixed income suite delivers significant capital growth Emirates NBD Asset...