Signs of Long-term Recovery in Global Economies to Push Equity Markets...
Global equities recorded the worst weekly performance since March as selling pressure was triggered by cautious tone of the US Fed and news of...
ACM to Participate in the Middle East Online Trading Summit
//
Following numerous clients’ requests, we are pleased to inform you that ACM will be a participant of the Middle East Online Trading...
Gold Trading with Binary Options
One of the most popular commodities that is traded on the binary options market is gold. Gold is also one of the most popular...
GCC Payments Industry Set to Leapfrog Other Economies in 2021
Enhanced digitalisation and tech adoption across the region sees digital transactions increasing
Payments made via Bahrain’s BenefitPay set to exceed US$4billion this year
49 per cent...
GCC markets powered by optimism about Q3 earnings
GCC stock markets are expected to be supported in the near term by optimism over upcoming third-quarter earnings, although they are vulnerable to profit-taking...
Crypto Businesses Now Able to Set Up at DMCC in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of...
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...
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...
US Dollar gains from reduction in US federal deficit
A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...
Hedge Funds conclude strong Q1
Gains across Equity, Event & Arbitrage strategies offset Macro declines in March;
HFRI Fund Weighted Composite concludes best 1Q since 2006
Hedge funds performance was essentially unchanged...
Mohammed Bin Rashid Est. for SME Development strengthens cooperation with Franchising...
Mohammed Bin Rashid Est. for SME Development, an agency of Dubai Economic Department, have strengthened its cooperation framework with Singaporean companies during a delegation...
FAB Shareholders Approve Distribution of 74% Cash Dividends
All agenda items approved by shareholders, including distribution of cash dividend of 74 fils per share
New elected FAB board expands from 9...
MENA CFO Awards Recognize The Best in Finance Across Public, Private...
Over 200 top finance professionals gathered at the MENA CFO Awards organised as part of the CFO Strategies Forum MENA by Naseba. On the...
EDC launches the ‘Islamic Financial Services Mission’
Dubai Export Development Corporation (EDC), in association with the Australian Trade Commission (Austrade), has started the ‘Islamic Financial Services Mission’, a government initiative of...
Investors Moving Toward a “Risk-off” Position Amid Geopolitical Unrest
Hedge Funds Scale Back Leverage and Equity Allocations
Global investors are moving toward a ”risk off” stance, taking on greater protection as the prospect of...
Dollar Rallies on US Employment Data
The dollar was up versus the major currencies following disappointing non-farm payrolls numbers, highlighting the difficulties the Federal Reserve faces in reducing US unemployment.
USD
Non-Farm...
S&P upgrades Emaar rating on recurring income
The good performance of Dubai-based property company Emaar Properties PJSC's leasing and hospitality assets, and fewer handovers of developments, has raised the proportion of...
Gold on track for biggest monthly gain since 2002
Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...