“Back to Basics†is the unanimous call from Risk Managers...
Global Association of Risk Professionals hosts Dubai Chapter Meeting
Forum hosted By GARP and FRSGlobal
Back to basics is the...
MSCI extends review for reclassification of UAE from frontier status
MSCI announced it will extend review for reclassification of the U.A.E. and Qatar from frontier status “in order to give additional time for market participants to assess the effectiveness” of the new payment systems in the exchanges.
Worldwide Venture Investments Soared by 94% in Q1 2021 to All-Time...
For the first time in history, global venture investments surpassed $100 billion in Q1 2021. According to the research data analyzed and published by Sijoitusrahastot,...
Foreign investors purchase AED 511.3 mn worth of shares on DFM...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (1 - 4 Feb.)...
UAE Central Bank slashes rates on re-purchase of Certificate of Deposit
The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...
Covid-19 Impact on Emerging Market Debt
Covid-19 has rapidly become an economic shock for the global economy. Initially rocking China, global economic expectations changed dramatically in early March, and have...
Frontier Markets Critical for Diversification, Research
Latest research with institutional investors and wealth managers across Europe who collectively manage over $520 billion in assets under management, identifies frontier markets as...
Dubai Mercantile Exchange announces new trading records
February sees highest monthly trading, best average daily volume and busiest day in exchange’s history
The Dubai Mercantile Exchange (DME), the leading energy futures exchange...
Cryptocurrencies, Blockchain Are a Rerun of The Dotcom Mania
A new Technology Quarterly report from The Economist published in the September edition examines blockchain and cryptocurrencies. Tim Cross, The Economist’s science correspondent, takes...
Investors Selectively Lowering Risk After Bond Sell-off
Global investors have less appetite for higher risk exposures, particularly in the U.S., according to the BofA Merrill Lynch Fund Manager Survey for May.
While...
AED 3 billion capital increase approved at DIB Extraordinary General Meeting
1. Assembly approves conversion of AED 3.75 billion deposit into Tier 2 capital of DIB
2. Assembly approves increase of DIB’s capital by AED 3...
Al Etihad Credit Bureau begins to issue credit reports to individuals...
Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...
Domestic Markets to be Influenced by Broader Global Markets Developments
Global equities closed in negative territory, recording its longest weekly decline since 2019, which can be broadly attributed to fading hopes of a US...
The next crisis: Credit Card Debt
Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...
NASDAQ OMX Prices $370 Million Senior Notes Offering
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it priced an underwritten public offering of $370 million aggregate principal amount of 5.250% Senior...
UAE Signs Initial Agreement for Investment Protection and Promotion with Republic...
On behalf of and towards enhance international financial agreements of the UAE, Ministry of Finance (MoF) signed an initial agreement for investment protection and...
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...
Foreign investors purchase Dhs464.3m worth of shares on DFM during the...
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (January 11 - January 15)...