China stocks slump 7%, triggering shortest trading day in its history
A plunge in Chinese stocks and a falling yuan sent financial markets across Asia sharply lower Thursday. Worries intensified about China's economy and whether...
Bankruptcy and Financial Restructuring Law to apply to individuals in UAE
Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.
Tabreed announces record results
National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date
National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...
Foreign investors purchase Dhs1.852bn worth of shares on DFM during the...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (13 - 17 Dec.)...
What is Fiscal Cliff? Everything You Need To Know
Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors.
What does the fiscal...
Trading activity expected to be largely driven by developments in global...
Global equity markets closed the week on a positive note on the back of growing optimism over a possible trade deal between the US...
Leading American bank sells international wealth management business to Swiss private...
International Wealth Management Businesses outside the United States to be Sold to Julius Baer Group
Bank of America Corporation announced today that it has agreed...
GFH announces the appointment of executive Chairman and new capital program
Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program.
Following...
Emirates NBD Asset Management Money Market Fund breaks US100 million
Emirates NBD Asset Management announced that its Emirates Islamic Money Market Fund attracted more than US100 million from investors 18 months since launch.
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,...
Biden Victory Heralds Boom Time for ESG Investing – Here’s Why
Joe Biden’s administration will usher in an unprecedented boom for Environmental, Social and Governance (ESG) investments, affirms the CEO of one of the world’s...
Emcredit’s ISO 27001 information security certification reaffirmed
Retains certification for second consecutive year
Underlines international standards followed for data collection and dissemination process
Emcredit the...
Ministry of Finance celebrates the 40th anniversary of UAE
Ministry of Finance held its second event in celebration of the UAE’s 40th anniversary at its headquarters in Dubai, following its first celebration in Abu Dhabi on Monday.
What Makes The Perfect Mortgage Borrower?
A new infographic summarises the key factors you need to consider before approaching the lenders if you plan to buy a home. Although, criterias...
Coronavirus-triggered Market Correction Could Hit Complacent Investors
Investors remain complacent about an imminent Coronavirus-triggered market correction of up to 10 percent, warns the CEO of one of the world’s largest independent...
Liquidity stable in UAE banks
Real estate loans at the UAE banks stood at AED173 billion at the end of last year.
As liquidity is stable in the UAE banks,...
United Arab Bank Launches Islamic Credit Card
United Arab Bank (UAB) announces the launch of its first global Islamic Credit Card with a distinctive vertical design that makes it unique to...
Bank of Sharjah mandates a group of banks for a syndicated...
The Bank of Sharjah (BOS) issued today a statement in relation to the news that appeared in some local newspapers dated July 11, 2011,...