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Has The Stock Market bottomed out?

Definitely, this is a ''Big Question'' and if you know the answer, you may be well ahead of the game. Investors and analysts alike are...

Regional office of Islamic Corp for Insurance of Investment and Export...

An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...

Emirates NBD Introduces Contactless Identity Verification to Open New Accounts on...

Bank's new TruID digital identity verification solution leverages the power of Near-Field Communication (NFC) technology Customer identification information read electronically from Emirates ID and biometric...

Regional Markets Set for Subdued Trading Activity

International markets ended last week’s trading on a mixed note with trade tensions and the G7 meeting in Canada being the main focus for...

Emirates NBD opens branch at Emaar Business Park

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...

Have you heard that secondary mortgages are temporary suspended?

"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...

UAE May Issue Golden Visa for Investors

Investing in the UAE may soon become easier and more attractive for foreign businessmen. The reason is that the UAE government is considering launching...

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...
Coronavirus Prompts Growing Number To Re-evaluate Savings

Coronavirus Prompts Growing Number To Re-evaluate Savings

The coronavirus pandemic has triggered a ‘significant rise’ in the demand for savings solutions, reveals one of the world’s largest independent financial advisory organisations. deVere...

Investors Doubt Strength of Recovery as Cash Levels Rise Again

Money Managers Concerned About Geopolitical Risk and Chinese Defaults Global investors have increased cash and scaled back risk-taking, amid fears of geopolitical instability and questions...

Business, Political Uncertainty Driving Middle Eastern Investors To Secondary Commercial Locations

Amsterdam heads list of alternative office investment destinations Some Middle East and Asian investors are diversifying from UK to Dutch office space investment Savills,...

DGCX wins Exchange of the Year Award 2016

The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...

Loan losses of Gulf banks to drop, according Fitch

Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...

Global Sell-off Should be a Reality Check for Investors

Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...

DAMAC plans IPO

DAMAC Properties is considering launching an initial public offering(IPO) on the stock market. The Dubai privately-owned developer has approached banks including HSBC, Deutsche Bank,...

Industrial Commodities Prices to Surge in 2017

Tight supply, strong demand boosts energy, metals prices The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...

Portable pensions remain best for expats as UAE unveils pension scheme

Chris Ferguson, Managing Director, Guardian Life Management (Dubai), says portable pensions remain the best bet for expats as the UAE unveils its own pension...