National Bank of Abu Dhabi launched a $5 billion euro medium...

National Bank of Abu Dhabi (NBAD) launched a $5 billion euro medium term note programme (EMTN). NBAD is the second largest bank in the...

BofA Merrill Lynch Fund Manager Survey Finds Investor Confidence Eroded But...

Record Move Out of Energy Stocks in Wake of Gulf Spill Investors’ belief in global economic growth and the ability of corporations to...

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 ...

Unusual Favorite Summer Hobby: Financial Planning

My favorite summer hobby is probably an unusual one compared to most people my age. As a 21 year old just graduating from college(and...

Bank offers up to $5 million in mortgages for properties in...

Underscoring an emerging positive sentiment in the property market, Standard Chartered is offering up to Dh18.4 million ($5 million) in mortgage to attract high...

Dubai Mercantile Exchange celebrates third anniversary

Daily trading up 130% since 2008 with new contracts planned for 2010 The Dubai Mercantile Exchange Limited (DME) marked its third anniversary...

Angela Merkel insists that the euro will remain a strong

Angela Merkel, the German chancellor, has insisted that the euro will remain a strong and dependable currency. She told Al Jazeera's Jane Dutton that Germany...

Latest Middle East Asset Management Study from Invesco

Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...

Dubai Financial Market secures two thirds of Nasdaq Dubai purchase

Dubai Financial Market PJSC paid two thirds of its acquisition of Nasdaq Dubai and transferred 80 million of its shares to NASDAQ OMX Group...

Gallo Says European Bank Woes May Be `Lehman Times Ten’

Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talks with Bloomberg's Andrea Catherwood about the risk of weaknesses in the Spanish banking...

U.S. Stocks Jump Most in Year on Europe Loan Package

Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...

DMCC successfully redeems US$200 million sukuk

Final US$20 million repayment on five-year Islamic bond made on schedule Demonstrates underlying financial strength of DMCC Underscores rapid growth...

BNP’s Thio Says Euro’s Long-Term Outlook Still `Bleak’

Thio Chin Loo, a senior currency strategist at BNP Paribas SA, talks about the outlook for the euro after the European Union unveiled...

Emirates NBD opens first Business Banking Centre in Sharjah

Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...

Foreign investors purchase Dhs475.3m worth of shares on DFM during the...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (2 - 6...

Markets Fear `Systematic’ Crisis in Euro Region

Thomas J. Lee, the chief U.S equity strategist at JPMorgan Chase & Co., talks with Bloombergs Margaret Brennan about the potential for Greek debt...

Emirates NBD and HDFC Bank launch online remittance facility for...

Enables direct remittance of  funds into HDFC Bank accounts Facilitates overseas remittances by Indian expatriate community Emirates NBD, a leading bank in the region, announced today,...

Emirates NBD opens new Priority Banking centre in Tourist Club Area...

In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...