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Bank frauds on rise

Dubai banks customers have been asked to be on alert following recent cases of rise in illegal money transfers. A series of credit card...

Salam International Investment will be delisting their shares from the DFM

Salam International Investment Limited "SIIL" decided a voluntary delisting of its shares from the secondary market "Dubai Financial Market" (DFM), as of Sunday 15/03/2009. This...

Real estate and construction sector recorded highe value in DFM’s December...

Dubai Financial Market (DFM) overall performance decreased by 7.1% to reach 1803.58 points the end of December 2009 compared to 1940.36 points at the...

S&P upgrades Emaar rating on recurring income

The good performance of Dubai-based property company Emaar Properties PJSC's leasing and hospitality assets, and fewer handovers of developments, has raised the proportion of...

Oil Prices Recovery Expected to Impact Positively Domestic Markets

Global equities recorded one of their best weekly gains in two months, largely driven by stimulus measures and a surprise gain in US payrolls...

Dubai Parks and Resorts Launches Initial Public Offering

AED 2.5 billion Offering now open to investors Dubai Parks and Resorts PJSC (under incorporation) (“Dubai Parks and Resorts” or the “Company”), a subsidiary of...

Opportunity for financial service providers: Reverse Mortgage

A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential in the Middle East, is the Reverse...

Bloomberg Tradebook launches independent research initiatives

Bloomberg Tradebook, a leading global agency broker, today announced innovations in research access, transparency and service and an expanded team of independent research providers...

BofA Merrill Lynch Launches Accelerated Payments to Asia

New Service Uses Smart Routing Technology; Improves Cash Concentration and Visibility by Reducing Delays Common to U.S. Dollar Payments in the Region; Removes Need...

Emirates NBD launches Jersey Offshore Deposits

Available across currencies and tenors Very attractive promotional interest rates available now Emirates NBD, the largest banking group in the...

Emirates Islamic Bank launches Ramadan Promotion

Emirates Islamic Bank get into the spirit of Ramadan by launching INTALEQ (Vehicle Finance) Promotion. This new Sharia-compliant vehicle finance promotion will run until...

Economic uncertainties fade, data drives global markets

Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies Euro strengthens to two-week high after Spain seeks bailout fund The...

SCA publishes mutual fund and investment management draft regulations

The Emirates Securities and Commodities Authority (SCA) has announced that it has posted on its website (www.sca.ae) draft regulations on mutual funds and investment...

Hottest and still cheapest stock markets

Have you ever tried putting money in the stock market? If you have, then you probably know that it is hard to predict which...

Middle East investment banking fees up 22%

Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.

Investors Concerned about Overvaluation in Equity, Bond Markets

Investors see growing overvaluations in equities and bonds and have signaled concern about a valuation bubble forming, according to the BofA Merrill Lynch Fund...

Middle East Credit Reporting Association convenes to strengthen development of regional...

Inaugural board meeting to review strategy to strengthen credit reporting operations across region Members of the Middle East Credit Reporting Association ...

Tamweel offers finance to overseas buyers; launches Home Refinance Programme

Non-residents Programme offers home finance to overseas buyers Home Refinance Programme to unlock value of fully paid properties Tamweel PJSC, the UAE Islamic home finance...