The Offshore Investment Conference returns to Dubai
Following on from the success of last year’s event, The Grosvenor House Hotel, West Marina Beach, Dubai will once again be welcoming many of...
Foreign investors purchase AED 541.3 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 304.8 million during last week, and value of shares sold reached AED 349 million
Dubai Financial...
Global Recession Roundup
Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...
Al Jazeera steel of Oman debuts on Dubai Financial Market
The leading regional exchange welcomes its first ever Omani listing
Dubai Financial Market (DFM) today announced the listing of Al Jazeera Steel Products Co., incorporated...
UAE had refrained from matching a Federal Reserve interest rate cut
UAE interbank rates have barely reacted to a slew of government and central bank measures to enhance liquidity and improve confidence in the banking...
Foreign investors purchase AED 728.7 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 354.5 million during last week, and value of shares sold reached AED 455.1...
Six banks control 60 pc of assets in UAE
Emirates NBD alone holds 20pc
Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...
Abu Dhabi Finance established
Abu Dhabi's five largest companies: Mubadala Development, Abu Dhabi Commercial Bank, Aldar Properties, Sorouh Real Estate and the Tourism Development and Investment Company, will...
UAE Real Estate Bank established
New entity to provide strong growth platform for real estate financing
Combined entity will be Sharia-compliant
UAE Ministry of Finance has announced that it started...
Foreign investors purchase AED 1.131 billion worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 455.6 million during last week, and value of shares sold reached AED 558.5 million.
Dubai: Dubai...
DIFX rebranded NASDAQ Dubai
The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai DIFX, effective today.
NASDAQ OMX Group (Nasdaq:NDAQ), the world's largest exchange...
Kuwait Stock Exchange to resume trading on Monday, 17th November
The court in Kuwait ruled today that the Kuwait Stock Exchange should resume trading on Monday.
On November 13, in unprecedental ruling the court ordered...
Foreign investors purchase Dh 1.053 billion worth of shares on DFM...
Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (09 November...
Financial Stability Unit established by the Central Bank
According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...
Mortgage Glossary
MORTGAGE
A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan.
PRE-APPROVAL
A commitment...
Kuwait Stock Exchange suspended trading until November 17
The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...
UAE set to issue banking credit law
The UAE is on the process of issuing a new banking credit law, Minister of Economy HE Sultan Al Mansouri revealed today according the...
G20 and new US Administration critical for Leadership on finance Reform
1. Next week’s G20 summit and the election of Barack Obama offer fresh opportunities for leadership in reshaping the international financial architecture
2. As the...