UBS Investors Note: How To Respond To COVID-19 + Oil Crash
Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do.
What's happened?
Risk assets slumped...
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...
Frontier Markets Critical for Diversification, Research
Latest research with institutional investors and wealth managers across Europe who collectively manage over $520 billion in assets under management, identifies frontier markets as...
National Bonds: Savings Culture on Rise in the UAE
A shift in savings behavior leads to one of the most profitable years for National Bonds
Eight new millionaires were created in 2021, and savers...
Cityscape Dubai Becomes FDI Source Market With 60% International Participation
Off plan discounts look to lure inward investment
Sustainability in the spotlight in first post COP 27 real estate event
Cityscape, Dubai’s largest property finding event,...
![Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.](https://www.dubaichronicle.com/wp-content/uploads/2021/06/Emiretes-Development-Bank-Logo-324x160.jpg "Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs"){kind=logo}
Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs
Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
Inflation, Growth Concerns Take Over GCC Stock Markets
Today's market analysis on behalf of Daniel Takieddine, CEO of MENA BDSwiss.
GCC stock markets were mostly decreasing following other international markets as investors’ concerns...
Regional Trading to Follow Trends in Global Markets
Global equity markets continued the positive trajectory as investors got more clarity on three events that have mostly dominated the trading activity for majority...
One in two Managers Already Testing Tokenised Assets
85% agree that financial service providers who are unprepared for mass tokenisation of assets risk being left behind
More than half (52%) of fund managers...
FAB Implements Support Measures In Response To COVID-19
FAB launches additional financial relief initiatives in a series of clear and decisive actions to safeguard the wellbeing of customers and employees during...
The World’s Biggest Sovereign Wealth Funds
The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world. According to data from the SWF Institute, the...
27% Of Investors in UAE Are Changing Investment Strategies to Combat...
29% of investors are spending less and another 34% investing more to combat inflation.
Cash will take a backseat among UAE Investors, falling to 8.6%...
Foreign Direct Investments into UAE Grow by 44.2 Percent in 2020
Foreign direct investment (FDI) into the United Arab Emirates (UAE) grew by 44.2 per cent in 2020 compared to 2019 and reached to a...
UAE’s GDP set to expand 3.5% this year
The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50...
UAE’s Licensed 1st Crypto Foundation to Build an Infinitely Scalable Blockchain...
The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects.
Venom Foundation has been...
Emirates NBD Launches Digital Asset Lab
Founding council members include PwC and Fireblocks.
The Lab aims to establish a robust platform with industry experts enabling co-creation and experimentation to drive innovation...
Can GCC VAT Hikes Offset Covid-19’s Fiscal Impact?
Emergency tax measures introduced in the region include the extension by several months of due dates for filing tax returns, the reduction or elimination...
10 Largest Mutual Fund Companies Manage $36 Trillion in Assets, 69%...
The mutual fund companies have been growing over recent years by amassing assets in trillions as they continue to appeal to investors. The growth...