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Financial Health Check program launched during Ramadan in UAE

  Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...

Global index provider included UAE as a Secondary Emerging market

Global index provider, FTSE Group (”FTSE”) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...

Dollar rallies vs Euro as unemployment rate in US falls to...

The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....

Government of Sharjah Issues Debut 10-year Sukuk

The Government of Sharjah has today announced the issuance of its debut transaction in the Debt Capital Markets, a US$ 750 million 10-year Sukuk...

Investors Won’t Chase Gold Markets Next Week

Gold markets broke out to the upside past week. As of now, the market looks bullish and traders expect gold prices to reach towards...

Dollar Falls as Risk Appetite Rises

The euro gained against the U.S. dollar and Japanese yen in late...

Gold & Silver Mining: To Hedge Or Not?

Why does hedging remain such a highly contentious issue for gold and silver miners...? THERE'S always a lot of talk about gold and silver miners...

DIFC Named Best ‘International Finance Centre’

Dubai International Financial Centre (DIFC) has received the ‘International Finance Centre’ award at the WealthBriefing European Awards 2018, reinforcing its position as the leading...

UAE quits Single Currency

And then there were four. As we reported on last week's programme, the UAE has pulled out of plans for a Gulf Single Currency....

DAFZA is Ranked First Globally by the Financial Times’ fDi Magazine

Dubai Airport Freezone (DAFZA) has been ranked 1st globally by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards...

Moody’s upgrades Gulf Investment Corporation

The Gulf Investment Corporation (GIC) announced Moody’s Credit Rating Agency upgraded its stand alone (BFSR) rating from ‘D-‘ to ‘D’

Gold prices broadly expected to weaken next week, but…

Gold prices are expected to weaken in the coming week. This belief is mainly driven by investors concerns about what action the U.S. Federal...

The Winning Industries for World’s Richest People

The annual Billionaires Index was just released by Bloomberg. According to it, the total net worth of the billionaires included in the list has...

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...

New personal loans system from May 1, 2011

A new retail loan system announced by the Central Bank earlier in 2011 aiming at regulating personal lending will be enforced on May 1,...

Dubai 3rd Investment Destination Worldwide; 2nd in Economic Potential among 62...

Dubai’s FDI strategy wins top billing in global ranking of investment locations fDi Magazine also rates Dubai third investment destination overall and second in Economic...

KAMCO wins “Best Debt Bank in the Middle East – 2019”

KAMCO Investment Company, a leading investment firm with one of the largest AUMs in the region, won the “Best Debt Bank in the Middle...

DFM benchmark slides 0.32%

Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....