Optimism about gold market remains strong
Retail investors and market professionals have been bullish lately. Gold prices have managed to bounce off of fresh five and-a-half year lows earlier last...
Meltdown turns spotlight on Islamic finance
The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...
The Central Bank plans Dirham-Dollar Swaps to support banks
The United Arab Emirates central bank said on Wednesday it would provide UAE dirham-U.S. dollar swap facilities to banks to further support the banking...
Central Bank to establish currency printing plant
The Central Bank of the UAE announced today that it has started laying down the bases for constructing a purpose-built building to house...
Mahra Ladies Banking designed exclusively for today’s woman
Mahra Ladies Banking provides significant discounts at shops, restaurants, hotels and resorts
Additional benefits include concierge services, free valet parking, unlimited access to Ladies Clubs...
DIFC issues Consultation Paper on Payment Systems Settlement Finality Law
The Dubai International Financial Centre (DIFC) issued a consultation paper on a Payment Systems Settlement Finality (PSSF) law that will help pave the way...
DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...
DFM registers 6000 Real Time Data and eServices users
Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...
Dubai plans a US $1.8 billion bond issue
On Monday, the finance chief of Dubai announced plans of the government to issue a bond to refinance part of its debt maturing in...
National Bonds sales up 5%
National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...
Real Estate Still Top Investment for UAE Residents
Real estate is the most popular class for investment for UAE residents, according to a new survey. Although investors prefer property over the traditional...
Regional Investor Appetite Shows Cautious Recovery
Investment trend likely points to oil as commodity inches towards $50
The second week of May saw buyers bravely step back into the markets after...
GoldMoney Completes “GoldMoney Standard†Testing
GoldMoney, one of the world’s largest providers of physical bullion for investors, has completed testing of all the gold bars stored for customers in...
People in UAE can now pay Zakat and alms fees through...
In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...
Consumer Demand for Gold up 53% in Q2 2013
The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have...
RAKBANK Achieves 13% Growth in First Quarter Profits
RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...
UAE community’s personal banking and lifestyle habits
Positive feelings towards personal banking over the internet; overwhelming majority keep their personal finances up-to date-and ladies taking the lead in controlling the purse...
Net foreign investment on DFM reaches AED 102.6m between 7-11 June
Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...