Sovereign Wealth Funds may change direction of investment flows
Restrictions by the United States and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head...
Investors Search for Good Investment Opportunities in New IPOs
Regional markets witnessed a positive performance on the last day of the week with almost all indices ending the day in green, however, this...
No Imminent VAT Introduction in UAE
An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...
UAE – A Forerunner in Development of AML Systems; Business Sector...
Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures.
The Ministry of Economy (MoE) held an extensive media briefing on the system...
UAE ranked second top frontier market on Bloomberg Markets
According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second...
GCC Consumers Opt for Digital Banking Services Post Covid-19
77% of respondents in the GCC access digital banking services at least once a week.
44% are willing to switch to a different bank due...
Financial systems across the world are stalling
World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling
Hong Kong tops the Financial Development Index; top six...
Emirates NBD to propose capital increase through government tranche
Emirates NBD has announced in a notice to its shareholders regarding its Second Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) which will...
2/3rd of UAE CEO’s Indicate Upcoming Significant Capital Investment
Three-quarters of CEOs interviewed in the UAE by the global research and consultancy firm Oxford Business Group (OBG) for a new survey said their...
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...
Digital Payments Giant Debuts on Fortune Future 50 List
Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...
Dubai a safe haven for high-net worth GCC families investments
As a first-class tourism destination, and a world-leading financial services center, Dubai is seen as a safe haven for individuals from the rest of...
Emirates NBD offers discounts at 50 top Abu Dhabi restaurants
Middle East’s leading bank extends further privileges to its cardholders
In line with its ongoing commitment to provide its customers with a...
BofA Merrill Lynch Launches Accelerated Payments to Asia
New Service Uses Smart Routing Technology; Improves Cash Concentration and Visibility by Reducing Delays Common to U.S. Dollar Payments in the Region; Removes Need...
Islamic comprehensive motor insurance launched
Starting from 2.6 % of the vehicle's value
A new tempting promotion on motor comprehensive insurance by Methaq
In the framework of the persistent initiatives of...
How Will China’s Bitcoin Ban Impact the Cryptocurrency Market?
Chinese regulators have always taken issue with cryptocurrency. In September, they decided to implement a comprehensive ban on financial platforms that allow people to...
Gold Demand in 2018 Gets off to Quiet Start as Investment...
Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a...
Trading activity to be driven by movement in global markets, oil...
The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...