Financial Health Check program launched during Ramadan in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Bank of Sharjah reports continued growth in first half of 2011
Total assets reach AED 21.3 billion, up from 18.7 billion in first half of 2010
Total deposits stand at AED 15.4 billion, up from AED...
UAE Central Bank Statement on U.S. Public Debt
"Due to the controversy at the legislative authorities in the US, around the public debt of the US Government, we have received some questions...
DFM records AED 14.71m net profits in Q2, 2011
Dubai Financial Market Company (PJSC) recorded a net profit of AED 14.71 million in the second quarter of the year ending June 30th, 2011,...
DGCX sets new daily volume record
Exchange Trades 21,980 contracts on July 27, valued at US $ 1.033 billion
Daily Indian Rupee recorded the highest ever volume of 19,596 contracts on...
Bank of Sharjah signs club term loan facility
Bank of Sharjah announced today that it has signed a USD 135 million (AED 500 million equivalent) club term loan facility with four Mandated...
Emirates NBD, MasterCard to launch Titanium Credit Card
Focus on lifestyle benefits, superior rewards and robust security features
New Titanium credit card caters to fast growing emerging affluent segment
Emirates NBD, a leading bank...
New DIFC governor appointed
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...
DGCX to launch Indian Rupee Options Contract in September
The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...
DGCX daily volume surged to a new daily volume high
Exchange Trades 20,112 contracts on July 12, valued at US $ 996.12 million
Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a...
Fund manager survey shows growing belief in Global economy despite slump...
The global economic outlook remains positive in spite of a sharp deterioration in investor sentiment towards and within Europe, according to the BofA Merrill...
Global Takaful market to reach US$25 Bn in 2015
Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London
Global Takaful contributions are expected to touch...
Tamweel first half 2011 net profit rises to AED 54.9 million
Second quarter net profit reaches AED 27.7 million
Positive performance follows resumption of trading in company shares, equity participation by Dubai Islamic Bank
Company continues...
DGCX sets new daily volume record
Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...
Barclays Capital named ‘Best Investment Bank in MENA region’
In recognition of its continued leadership in the investment banking industry, Barclays Capital announced today that it has been named the “Best Investment Bank...
Global Investing Programme for next generation of UHNWs
Merrill Lynch Wealth Management today announces the launch of its annual Global Investing Programme (GIP) for the next generation of Ultra High Net Worth...
Tamweel offers finance to overseas buyers; launches Home Refinance Programme
Non-residents Programme offers home finance to overseas buyers
Home Refinance Programme to unlock value of fully paid properties
Tamweel PJSC, the UAE Islamic home finance...