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Evolvence Capital launches third India focused fund at USD 400 million

Dubai-based alternative investment firm reiterates commitment to continued growth in India Evolvence India Fund II to focus on diversified...

DFSA Issues General Investor Statement on Cryptocurrencies

The Dubai Financial Services Authority (DFSA) wishes to draw investors’ attention to certain new and evolving online offerings. These product offerings tend to involve...

Dubai to Offer Digital Currency Payments

Citizens and residents of Dubai will be able to make digital currency payments for school fees, bills and retail purchases with a stable cryptocurrency...

First Gulf Bank sponsors Investor Relations Best Practice Awards

First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards

Emaar Properties announces share buyback programme

Emaar Properties, PJSC, one of the world’s leading property developers, announced today that it will proceed with the implementation of a share buyback programme....

DGCX sets new daily volume record

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...

UAE bourse emerges star Arab performer

The UAE bourses emerged as the star performers in the Arab world in the first few weeks of 2013, with the markets of Abu...

Regional markets likely to remain range bound due to lack of...

Global markets continued the positive momentum during the month of February. Better than expected economic data from China, benign US inflation and optimism over...

Societe Generale marks the end of gold era with a forecast...

Societe Generale came up with a new 27-paged special analysis report on gold prices. The titled of the analysis is called "The End Of...

One More Bank Cuts Gold Price Forecast

On Wednesday, Societe Generale revised on the downside its 2013 gold price forecast and respectively silver among precious metals. Among the base metals, the...

2019 Global Investment Outlook: The Way Forward

Global Investment Outlook affirms that trade tensions, tightening monetary policy, and potential inflation will affect most asset classes

Euro vs Dollar

Analysis and discussion with Geoffrey Yu of UBS talking about the latest in the currency market.

Small business finance in the search of innovative solutions

Alternative Financing - the small business finance alternative during economic uncertainty As a consequence of the distressed and even recovering economy, few commercial lenders are...

Chedid Re wins the 2011 Reinsurance Broker of the Year award

Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously...

First Financial Services Association to be established in UAE

A group of leading financial institutions in the United Arab Emirates have established the Financial Services Association (UAE), the first of its kind; a...

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...

Banks ordered not to publish audited annual accounts

UAE Central Bank ordered all banks not to publish their audited annual accounts or announce any data related to the 2008 results, according an article...

UAE Consumers on Spending Sprees

Deposits decreased, loans increased The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...