MENA Investors Cautious due to Heightened Risk in Geopolitical Environment
Global equity markets closed on a mixed note, taking a breather after a sharp rise in 2019. The heightened geopolitical risk in the Middle...
Here’s How Many People COVID-19 Could Push into Poverty
COVID-19 is likely to push between 88 and 115 million people into extreme poverty, according to the Poverty and Shared Prosperity Report 2020.
South Asia...
Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE
Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...
Foreign investors purchase AED 511.3 mn worth of shares on DFM...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (1 - 4 Feb.)...
Emirates NBD Launches New Digital Wealth Offering
Digital wealth offering enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
Customers can digitally open an...
Investors Will See Wall Street-triggered Global Sell-off as Buying Opportunity
The current global stock market sell-off will be seen by investors as a “major buying opportunity” as they go “bargain-hunting” to top-up their portfolios.
The...
Premier UAE Aesthetics Clinic to Accept Payment in Cryptocurrency
Idoneus & Skin111 ink historic deal making it the first clinic to accept the cryptocurrency.
Industry-leading blockchain-based luxury asset ecosystem Idoneus announced today a strategic...
“Low Visibility Ahead”: Emirates NBD Investment Outlook 2022
Emirates NBD, one of the leading banking groups in the (MENAT) Middle East, North Africa and Turkey region, has released its global investment outlook...
DFSA to Launch Cyber Threat Intelligence Platform
DFSA to lead Cyber Threat Intelligence Sharing Community in the DIFC
The Dubai Financial Services Authority (DFSA) is launching a Cyber Threat Intelligence Platform (Platform)...
Ministry of Finance Announces 2nd Auction of Federal Treasury Bonds
The second auction is part of the AED 9 billion T-Bonds issuance program for 2022.
Bonds amounting to AED 750 million will be offered for...
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)...
France Remains The Most Attractive Country in Europe for Foreign Investors
The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020.
France held its...
Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD
The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...
UAE – A Forerunner in Development of AML Systems; Business Sector...
Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures.
The Ministry of Economy (MoE) held an extensive media briefing on the system...
Region’s Largest Open Banking Platform Launches In UAE
MENA Open Banking pioneers expand with new offices in Abu Dhabi and Dubai
Tarabut Gateway, the MENA region’s first and largest regulated Open Banking...
Retail Investor Capital Presents AED 367 Billion Growth Opportunity For Sustainable...
Retail investors could be the key to unlocking finance for Environmental, Social and Governance (ESG) priorities if barriers are addressed
Investors in the UAE have...
Global Sell-off Investors Best Buying Opportunity in a Decade
The worst global market sell-off since the 2008 crash will become an important buying-opportunity for investors.
The prediction by Nigel Green, CEO and founder of...
Unprecedented Demand for The UAE’s Multi-Tranche Sovereign Bond Package
The UAE Government, represented by the Ministry of Finance (MoF), has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package, which...