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,...
Takaful poised for growth, greater focus required
Takaful operators in the Gulf Cooperation Council (GCC) and Malaysia are growing at a rapid pace and are highly capitalised, new research from A.M....
DFMGI advances on low trading volumes
Benchmark adds over 9 pts
Dubai Financial Market General Index (DFMGI) ended in the green, edging up 0.6%, or almost 9.3 points, to 1567.12, according...
Dubai eGovernment’s ePay generates AED 1.7 billion in H1, 2011
There is an increase of 55 percent in amounts collected through Dubai eGovernment's ePay payment gateway in the first half of 2011 compared to...
Best Global Emerging Markets Bank
Citi was named Best Global Emerging Markets Bank and Best Global Transaction Banking House by Euromoney magazine as part of its Euromoney Awards for...
DFMGI ended positive amid thin trading
Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to 1559, compared to yesterday’s...
Gulf Bond Fund shows consistent performance of 3.29% for H1 of...
GIC’s Gulf Bond Fund has the longest track record in GCC
Largest GCC bond fund provides weekly subscription and redemption schemes
84% of...
Regional office of Islamic Corp for Insurance of Investment and Export...
An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...
DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion
First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion
Exchange also Records Highest Ever Monthly...
UAE Consumers on Spending Sprees
Deposits decreased, loans increased
The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...
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...
J.P. Morgan appoints Senior Country Officer for Middle East, based in...
J.P. Morgan announced today that it has appointed Sjoerd Leenart to be the Senior Country Officer of the Middle East and North Africa (MENA)...
Standard & Poor’s Leaders’ Forum 2011 will be held in Abu...
Under the patronage of the UAE Ministry of Economy, Standard & Poor's Leaders’ Forum will be held on 15th November 2011 in Abu Dhabi....
Rapid Shift to Direct Investing in Hedge Funds by Pension and...
Hedge Funds Managing $1 Billion to $5 Billion Experience Largest Growth
$820 Billion in Direct Money from Pensions and Sovereign Wealth Funds Now Invested in...
DFM, ADX to close on Thursday
The Securities and Commodities Authority (SCA) has announced the financial markets nationwide will close on Thursday 30th June to mark the anniversary of Isra'a...
Auto loans interest rates 2.99 per cent this summer
Reduced rates applies to salaried, non-salaried, self-employed and corporate customers, as well as new-to-bank account- holders
Valid on all new and used vehicle purchases...
Ernst & Young named ‘Best Accountant – Auditor’ by Banker ME
Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011
Wealth management firms revise approach to high net worth individuals
Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...