Dar Al Takaful partners with Zaabi Insurance Brokers in Umm Al...
Dar Al Takaful PJSC, an Islamic Insurance & Reinsurance Company, has announced its partnership with Al Zaabi Insurance Brokers in Umm Al Quwain. The...
Individual investors increase share of equities trading to 11.6% in May...
Individual investors on Nasdaq Dubai increased their share of equities traded value on the exchange to 11.6% in May 2011, up from 8.9% in...
Talal Mohammed Al-Mazrooei appointed Head of Sales at Emirates NBD
Strengthens bank’s outreach strategy in Dubai and Northern Emirates
Appointment of young UAE national in line with bank’s...
Equity markets in emerging economies to experience significant growth in next...
Emerging market capitalization could account for half of the world total by 2020In under a decade, equity markets in the emerging world have flourished...
Abu Dhabi Financial Services becomes member of Nasdaq Dubai
The UAE- based broker Abu Dhabi Financial Services (ADFS), the financial brokerage arm of the National Bank of Abu Dhabi (NBAD), has joined Nasdaq...
Dubai’s Sovereign Wealth Fund Istithmar World is halting investments
On Friday, Bloomberg said Istithmar World is freezing investments as part of a restructuring process that may result in sale of the fund or...
Investors Concerned about Overvaluation in Equity, Bond Markets
Investors see growing overvaluations in equities and bonds and have signaled concern about a valuation bubble forming, according to the BofA Merrill Lynch Fund...
Gold prices trade near highest in more than two years
ETF holdings rise 37% this year as Brexit vote adds to inflows
Global gold holdings topped 2,000 metric tons for the first time in three...
Investment in gold is timeless
Gold is perhaps the world’s most liquid investment trading throughout the world daily. The market never closes and you can buy and sell the...
LinkedIn prices IPO at $45; shares doubled
LinkedIn priced its initial public offering at $45 a share, the high end of its range. It began trading Thursday on New York Stock...
UAE’s Financial Wealth Grows to $600 Billion Despite Pandemic Challenges
51% of the country’s wealth is owned by individuals whose net worth is more than $5 million.
The United Arab Emirates (UAE) financial wealth grew...
Private Equity Focus Shifts From Emerging Markets
Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...
UAE banks have no exposure to Lehman’s fall-out
The UAE banks have virtually no exposure to Lehman Brothers and that there was no systemic risk in the UAE as a result of...
DGCX Traded 1.37 Million Contracts in January, $ 33 Billion
The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion.
The exchange recorded its highest...
Mortgage enquiries up; especially from middle-bracket earners
While the property market appears to be simultaneously booming and crashing, depending on which statistic you follow, or which article you read, one source...
Mutual Funds of ADCB and NBAD at its lowest
Once very profitable investment, mutual funds of UAE-based National Bank of Abu Dhabi (NBAD) and Abu Dhabi Commercial Bank (ADCB) are now a...
Investors Flock to Cryptocurrency Staking with $100 Billion Staked in Major...
Data acquired and calculated by Finbold indicates that the value of the top ten staked cryptocurrencies stands at $99.2 billion as of April 20, 2021.
Cardano (ADA)...
Private capital pursuing mining and metals investments
Increasing interest in mining and metals from private equity funds, sovereign wealth funds and state-owned enterprises is set to be a key trend in...