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Aabar now offers shareholders 1.95 dirhams a share for Delisting from...

Aabar and International Petroleum have agreed to offer shareholders 1.95 dirhams a share to reflect the six-month average of Aabar’s price on...

Islamic Finance news Awards Ceremony and Dinner

The Islamic Finance news Awards 2008 Ceremony and Dinner will be held at the Al Ameera Ballroom, Grand Hyatt Dubai on the 3rd March...

Dubai Gold and Commodities Exchange names Non-Executive Director

Abdul Wahid Al Ulama named Non-Executive Director of DGCX The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Abdul Wahid Al Ulama...

Dubai Gold and Commodities Exchange reaches out to UAE gold traders

Hedging tools that can help gold traders to manage price risk in the precious metal and boost profitability Effective hedging tools will be critical...

Dar Al Takaful partners with Zaabi Insurance Brokers in Umm Al...

Dar Al Takaful PJSC, an Islamic Insurance & Reinsurance Company, has announced its partnership with Al Zaabi Insurance Brokers in Umm Al Quwain. The...

SCA launches a new service for iPhone and iPad users

As part of its efforts to improve the e-services rendered to investors, dealers, partners and researchers, the Emirates Securities and Commodities Authority (SCA) announced...

UAE market regulator will launch draft rules on short-selling

The UAE market regulator SCA will launch draft rules on short-selling "very soon", as a latest step aimed at boosting dwindling trade and helping...

Individual investors increase share of equities trading to 11.6% in May...

Individual investors on Nasdaq Dubai increased their share of equities traded value on the exchange to 11.6% in May 2011, up from 8.9% in...

Ministry of Finance meets training centres for employee development

Ministry of Finance held annual meeting with a number of development and training centres, to better familiarize itself with different training partners

DIFC Seminar to explore opportunities in the regional funds industry

The Dubai International Financial Centre (DIFC) will host on Wednesday, August 27, an industry seminar to shed light on how financial services companies...

Social Affairs Ministry denies converting Arkan shares to social assistance recipients

The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...

Emaar will hold an Extraordinary General Meeting on November 8 ...

Emaar Properties PJSC (Emaar) will hold an Extraordinary General Meeting (EGM) of the company’s shareholders today (November 8), 5pm, at The Address Dubai Marina...

Bank Saudi Fransi builds proactive protection against malicious threats

New IPS strengthens security of BSF’s network and infrastructure running several international and customised banking applications Banque Saudi Fransi (BSF), a Saudi Arabian full service...

Aabar Investments initiates a process to turn the company private

Aabar Investments board of directors signed off on the plan to turn the company private at a meeting on Thursday. In  another meeting,...

Trading Activity in Regional Markets to be Influenced by Global Equities

Global equities closed on a positive note for the second consecutive week as investors turned optimistic about the progress made in the US-China trade...

Markets likely to perform on the upside

Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...

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...

SCA publishes mutual fund and investment management draft regulations

The Emirates Securities and Commodities Authority (SCA) has announced that it has posted on its website (www.sca.ae) draft regulations on mutual funds and investment...