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New Trading Rules for Old Investors

New survival guidelines - new trading rules - to help you hovering over the waves of uncertainty.

Dubai lslamic Bank launches new Al Islami Online Banking

1.New system offers array of faster and easier transactions 2.Allows access to over 50 different services 3.New system protected by state-of-art security enhancements In line with its...

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...

Dubai Gold and Commodities Exchange extends trading hours

Exchange will open 30 minutes before Indian exchange traded currency derivatives markets DGCX participants will have 30 minutes of trading time overlap with the Asian...

Real-time Automated Payments in DIFC

The Dubai International Financial Centre (DIFC) today announced that it has signed a Memorandum of Understanding (MoU) with the Central Bank of the...

Bankruptcy and Financial Restructuring Law to apply to individuals in UAE

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

Regional Markets to Trade Sideways Short Term

US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...

Facebook IPO live, traded at $42.05 up over 10%

Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade was expected at US $42, with 65 million shares...

If You Can’t Make Mortgage Payments, Here Is a Few Steps...

When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...

Emirates NBD Private Banking named “Best Local Bank” in UAE

Significant recognition for Emirates NBD in annual survey of private bankers worldwide Fourth such accolade for Emirates NBD Private Banking, following string of...

Emirates NBD named Asia’s Best Brand at 2011 CMO Asia Awards

Award recognises mind, market and commitment share of Emirates NBD brand among consumers Highlights achievement of Emirates NBD’s international expansion strategy Emirates NBD, a leading bank...

Dubai, Abu Dhabi Among Top Global Financial Centers

The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...

Private Equity Focus Shifts From Emerging Markets

Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...

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...

Interest rates on mortgages sliding

The international banking giant HSBC has become the latest lender to cut interest rates in the UAE. HSBC brought down rates on conventional and...

Optimism outweighs fears of Fiscal Cliff

Signs That Great Rotation out of Bonds Into Equities Is Starting Confidence in the outlook for China’s economy has surged to a three-year high, underpinning...

Debt Crisis Solutions are Leaving Investors Behind

How the losses are being paid for... It used to be taken for granted that you could put aside some money and earn enough interest...

Aabar now offers shareholders 1.95 dirhams a share for Delisting from...

Aabar and International Petroleum have agreed to offer shareholders 1.95 dirhams a share to reflect the six-month average of Aabar’s price on...