Barclays Capital launches enhanced FX Algorithmic Trading

Barclays Capital Launches Enhanced FX Algorithmic Trading Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the launch of PowerFill+, a...

Equities trading volumes on NASDAQ Dubai rose to 175 mn shares...

Equities trading volumes on NASDAQ Dubai rose to 175 million shares in August 2009, up 80% from 97 million reported in August 2008. The increase...

The Currency Report – U.S. Dollar

Dollar Falls to Lowest Level in 2009

Central Bank reduces interest rate on liquidity support facilities to 1.5%

H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...

Morgan Stanley becomes approved applicant for Dubai Gold Securities

Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...

DIFC Authority releases updated version of ‘Guide to Islamic Finance’

As debt-based conventional banking faces troubled times, asset-backed Islamic finance is becoming popular in world's financial capitals The Dubai International Financial Centre Authority today announced...

EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

Trillion is The New Billion

One Trillion Dollars Visualized from www.mint.com It's official, trillion is the new billion! No longer is government spending around the world talked about in terms of...

Foreign investors purchase AED 699.3 mn worth of shares on DFM...

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 5 - July 7)...

Liquidity improving within the banking system

Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...

The Currency Report – Talking Technicals

Dollar and Yen May Rise Should the S&P Decline

Net foreign investment on DFM reaches AED 102.6m between 7-11 June

Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...

Currency Outlook – Seeing a U.S. Dollar Rebound

Analysis and Discussion with Brian Dolan of Gain Capital Group

Dollar Slide Continues

Interview and discussion with Daniel katzive of the Credit Suisse. He says that the dollar may continue to weaken but that depends on a...

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....

Foreign investors purchase AED 1.803 bn 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 (May 24 - May...

Global Investments Roundup

BofA fast tracks TARP Payback; Brazil unemployment reverses in April; Taiwan GDP falls 10.24%; Dollar swoons against Euro, Yen; GM and UAW reach tentative...

UAE will not be party to GCC monetray union agreement

The UAE has decided not to take part in the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official...