MAG Group Holding Records Over AED 12.6 Billion Sales in 2023
MAG Group Holding, the multinational conglomerate incorporating different companies across diverse sectors, announced the recording of AED 12.6 billion in sales for 2023 across...
Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest
The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...
Foreign investors purchase AED 211 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 88.9 million during last week, and value of shares sold reached AED 72.8 ...
Aabar’s board recommends $1.97b bond issuance
The board of directors of Aabar Investments has recommended to seek shareholders' approval for the issuance of convertible bonds of as much as $1.97...
DIFC proposes New Mortgage Model
The proposed Model involves private residential mortgages being funded by the issuance of standardised bonds, creating a large and liquid mortgage bond market.
Dubai Bank signs strategic alliance with SALAMA for Takaful products
1. Wide range of Takaful plans available to Dubai Bank customers
2. Supports customers in addressing education, retirement planning and other short and long-term goals
Expanding...
Markets tumble; Spot the buying opportunities!
Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...
Family Office Study: Next Gen Taking a Bigger Role in Investment...
Younger family members want a bigger focus on ESG and the long-term future of the office, research shows.
But private markets and digital assets are...
Sentiments of global markets expected to influence trading activity
Global equity markets closed the week on a positive note on the back of optimism over progress in talks between the US and China....
flydubai ties up with Al Fardan Exchange
flydubai, Dubai’s first low cost airline, has signed an agreement with Al Fardan Exchange to allow customers to pay for their flights at any...
Ban on insiders’ trading took effect on Sunday
A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on Sunday, 17th March 2019, in...
5 Ways Living in Dubai is Costing You
Staying on a budget while living in Dubai is incredibly difficult. Learn how you can organize your personal finances to stay on budget while...
UAE is the Biggest Gulf Exporter of Capital
The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...
Ethica Institute Makes History at Mashreq Bank
For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...
Global Investors Regain Risk Appetite
Investors have regained some appetite for risk with a strong consensus over a U.S. rate rise next month, according to the BofA Merrill Lynch...
Dollar gains as central banks stay put
The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...
Gold Continues Sliding, Hits 5-Year Low
Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...
DFMGI ended in the negative territory
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session.
It lost as much as 0.71%, or 11.35 points...