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Gold coins or faceless money (Part Two)

Just what do those bridges and windows on Euro banknotes mean...? So in trying to match ancient Rome's monetary reach, the Euro is running pretty...

Tanmyah awarded ISO accreditation for quality management

Dubai Islamic Bank subsidiary receives ISO 9001:2008 accreditation Firm specialises in security, maintenance and labour services Tanmyah, a leading provider...

MoF to establish Organization for Recording Capital Asset Mortgages

Ministry of Finance is studying possibility of setting up an organization to keep records of mortgages of capital assets to ensure funding for national small and medium enterprises.

Bank Stress Tests fail support the Euro due to questionable reliability

EUR/USD Last week's trading has led to a doji candlestick formation on the weekly chart indicating a potential reversal lower for the pair....

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...

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 (”FTSE”) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...

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 has gained almost 10% in the last four days to trade at $46.2K.

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...

UAE amends terms for key lending facility

The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...

American Express® Middle East launches ‘Choose your Prize’ campaign

Campaign to make using American Express Cards even more rewarding Monthly raffle draw gives Cardmembers flexibility to select prizes that match their lifestyles In line with...

DFM Weekly Roundup

Throughout the week, the Dubai Financial Market General Index increased by 6.12%, gaining a total of 92.38 points tto close at 1 601.24 points,...