Dollar rallies vs Euro as unemployment rate in US falls to...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....
New personal loans system from May 1, 2011
A new retail loan system announced by the Central Bank earlier in 2011 aiming at regulating personal lending will be enforced on May 1,...
Global Takaful market to reach US$25 Bn in 2015
Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London
Global Takaful contributions are expected to touch...
DFM adds 1.58%
Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, to 1559.92, its highest level this...
DFM Index plunges nearly 2.5%
Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...
Consumer Demand for Gold up 53% in Q2 2013
The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have...
Tabreed announces record results
National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date
National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...
Dubai Mercantile Exchange sets new trading record in January 2011
Momentum built during 2010 continues in the new year
The Dubai Mercantile Exchange Limited (DME) announced today that it set new trading records during the...
Bank of Sharjah reports continued growth in first half of 2011
Total assets reach AED 21.3 billion, up from 18.7 billion in first half of 2010
Total deposits stand at AED 15.4 billion, up from AED...
Dubai Financial Market General Index down 1.22%
Foreign investors net DFM buyers by AED 12.82 mln
Dubai Financial Market General Index (DFMGI) ended Wednesday’s session with a remarkable drop of...
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...
LinkedIn expected to Go Public in 2011
LinkedIn, the social networking site for professionals, plans to go public in 2011 according Reuters.
Morgan Stanley, Bank of America and JPMorgan are among the...
DGCX sets new daily volume record
Exchange Trades 21,980 contracts on July 27, valued at US $ 1.033 billion
Daily Indian Rupee recorded the highest ever volume of 19,596 contracts on...
GCC Investment Strategy in 2011
Rising oil prices will drive regional GDP and budget surpluses
Banking and petrochemical sectors to direct GCC profitability growth
Qatar and UAE set to provide...
Emirates NBD to create up to 300 additional jobs in 2011
Emirates NBD, the UAE’s largest banking institution, is expecting to experience a hiring spree creating between 200 and 300 new jobs for the consumer...
Emirates Securities Market Report for the Trading Session of Thursday 06...
The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...
Barclays Capital Investor Survey Finds Growing Confidence in Euro Area for...
Institutional investors overwhelmingly believe the euro area will be able to avoid a “full-fledged crisis,†according to Barclays Capital’s inaugural Global Macro Survey. More...
Gold demand strong; predicted prices around $2000
Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the...