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Dubai Financial Market investor base up 26.48% to 535,563 investor in...

The Dubai Financial Market (DFM), the first regional exchange to go public and the leading Islamic financial market globally, revealed that numbers of investors...

National Bonds sales up 5%

National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...

Global Recession Roundup

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...

Global Investments Roundup

Exxon profit spills 58%; Motorola posts loss, bleeding cash; FTSE 100 moves 8.1% in April; South Africa cuts interest rate to 8.5%; Flu scare...

Global Investments Roundup

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

UAE Banking Sector grew 66 percent in Q1 of 2011

In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...

UAE bourses in uptrend

In an interview with Radio Mubasher, Hammam Al Shamaa, Economic Consultant at Al-Fajer Securities LLC said that the UAE stock markets would likely undergo...