Islamic Finance news Awards Ceremony and Dinner
The Islamic Finance news Awards 2008 Ceremony and Dinner will be held at the Al Ameera Ballroom, Grand Hyatt Dubai on the 3rd March...
UAE Real Estate Bank established
New entity to provide strong growth platform for real estate financing
Combined entity will be Sharia-compliant
UAE Ministry of Finance has announced that it started...
Central Bank backs banks operating in UAE
Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country.
Central Bank...
GCC banks report single digit profit growth
Net earnings of GCC banks under Global Investment House's coverage increased 4.7%YoY to USD5.3bn in 4Q15. Net profit of banks in the UAE increased the...
UAE financial markets close for holiday on Sunday
The UAE financial markets will close on Sunday March 8 to mark the anniversary of Prophet Mohammed (PBUH) birthday, a statement issued today by...
GCC markets ended 2015 in red zone due to volatile oil...
Trading activities fell due to negative sentiments over the region
Market capitalization declined 11.4%YoY in 2015
GCC markets close lower in 2015
GCC markets closed lower in...
Investment In Later Life: Everything You Need To Know
When it comes to dealing with the financial implications of life, such as starting a family or buying a house, your priorities don’t tend...
AXA Insurance Gulf launches its online services
1. Customers can now buy and renew motor policies online
2. Get a quote in less than a minute
3. 5% discount for buying a new...
Tamweel launches Home Finance Plus
Tamweel PJSC, the UAE Islamic home finance provider, announced today the launch of "Home Finance Plus," the country's first integrated home finance programme, which...
Gold hedging strategies for emerging markets
The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...
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...
Emirates NBD ranked No. 1 banking brand in Middle East
Underlines strength of new unified brand
Findings based on brand value and brand performance
In its first year of participation under its...
UAE bank deposits top a trillion
The UAE's Central Bank announced that total bank deposits in the country increased by 1.5 percent during the month of December 2011 to close...
Swinging oil price and UAE stock markets
Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...
2013 will see improved IPO activity
After a slow start to 2012, momentum lifted in the second quarter, but significant macroeconomic volatility and changes in political leadership in many parts...
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...
Dubai to launch new dollar bond – Statement
The Government of Dubai has hired Deutsche Bank, HSBC, and Standard Chartered to issue a dollar-denominated bond, according the official news agency WAM.
The planned...
MENA IPOs raised approximately US$2b in 2012
Three IPOs raised approximately US$339.8m in Q4 2012
MENA IPOs in 2012 up 134% compared to 2011
KSA’s Dallah Healthcare Holding Company lists on the Saudi...