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As part of its strategy to provide innovative banking services, Dubai Islamic Bank...
DFM adds 1.58%
Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, to 1559.92, its highest level this...
Regional Trading Negative despite Global Markets Positive Sentiments
Global equity markets continued the positive trajectory for the second consecutive week as investors turned positive on containment hopes of the new coronavirus. However,...
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...
Major Financial Entities Remain Bullish on Gold
Morgan Stanley, UBS and BofA see higher gold prices later in 2013
Over the past few months, the economic environment influenced gold prices in...
Bitcoin Rises Ahead of Schedule
The crypto market capitalisation has hit new highs since 12th January, passing the $1.75 trillion mark. The market has confidently moved into a state...
International Compliance Association sets up office in DIFC
To offer certificated programmes in Compliance, Anti-Money Laundering (AML) and Financial Crime Prevention awarded in association with University of Manchester Business School
To develop best...
Dubai Business Confidence Index rose 4.9 points
Domestic investments, boosted by preparations for the Expo 2020, along with the tourism and retail sectors continued to prop up business sentiments in Dubai...
DIB named top performer in UAE banking sector in latest YouGov...
Bank recognised as leader in quality, value for money and corporate reputation in BrandIndex poll
Reflecting its unique heritage and focus on customer...
Emirates NBD to create up to 300 additional jobs in 2011
Emirates NBD, the UAE’s largest banking institution, is expecting to experience a hiring spree creating between 200 and 300 new jobs for the consumer...
Commercial Bank of Dubai to provide Factoring Services to corporate and...
Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...
UAE looks forward to direct debiting
According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...
Global index provider included UAE as a Secondary Emerging market
Global index provider, FTSE Group (â€FTSEâ€) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...
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...
FTSE NASDAQ Dubai UAE 20 Index rises 23% on higher share
The FTSE NASDAQ Dubai UAE 20 share index extended its run of recent gains last week to close 23.3% higher than at the end...
Nasdaq Dubai to launch bond trading platform
NASDAQ Dubai, the Middle East's international financial exchange, is preparing to open a platform on which investors can trade Sukuk (Islamic bonds) and conventional...
2/3rd of UAE CEO’s Indicate Upcoming Significant Capital Investment
Three-quarters of CEOs interviewed in the UAE by the global research and consultancy firm Oxford Business Group (OBG) for a new survey said their...
GCC Investment Strategy in 2011
Rising oil prices will drive regional GDP and budget surpluses
Banking and petrochemical sectors to direct GCC profitability growth
Qatar and UAE set to provide...