Emirates NBD launches Jersey Offshore Deposits
Available across currencies and tenors
Very attractive promotional interest rates available now
Emirates NBD, the largest banking group in the...
Loan losses of Gulf banks to drop, according Fitch
Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...
Investor confidence may continue to rise
Dubai plans to tap the international capital markets as early as next week with its first bond issue since the debt standstill in the...
Al Ramz Securities joins Fidessa’s connectivity network
Fidessa group plc (LSE: FDSA), provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side, has today announced that...
Dubai Government to help part of Dubai World proposal
Arabic language daily Al Ittihad said Dubai World would receive aid from the Dubai Financial Support Fund (DFSF) for financing operating expenses and payments...
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...
Foreign investors purchase AED 1.131 billion worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 455.6 million during last week, and value of shares sold reached AED 558.5 million.
Dubai: Dubai...
Dubai to Host 2021 World Forum for Foreign Direct Investment
Conway, Inc. announced that it has awarded the Dubai Investment Development Agency the opportunity to host the 18th World Forum for Foreign Direct Investment...
Investors turn to U.S. and Emerging Markets, Fund Manager Survey
BofA Merrill Lynch Fund Manager Survey Finds Investors Turning to U.S. and Emerging Markets Amid Eurozone Fears
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,...
United Arab Bank hosts Trade Finance Workshop for its Customers
United Arab Bank (UAB) hosted once again a Trade Finance Workshop for its corporate customers. Following the tremendous success of UAB’s previous workshop in...
Outlook for Insurance Sector Growth in the Region Strong, Says DIFC...
Deep structural changes and changing attitudes toward risk are driving long-term growth in the insurance sector within the Middle East and North Africa region,...
Infrastructure and Economic Diversification to Drive Saudi Private Equity Market
With the steady population growth propelling continuous infrastructure development, Saudi Arabia is considered the next big market for private equity and venture capital investors,...
G20 and new US Administration critical for Leadership on finance Reform
1. Next week’s G20 summit and the election of Barack Obama offer fresh opportunities for leadership in reshaping the international financial architecture
2. As the...
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,...
Declining trading volumes may not be bearish
Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...
Regional markets positively influenced by Q2 2019 corporate earnings
Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....
Eurozone concerns spread to core economies
BofA Merrill Lynch Fund Manager Survey Finds Investors Warning Of A Dip In Global Corporate Profits
Investor confidence has weakened further, led by a sharp...