Equity markets expected to be influenced by more earnings announcements
Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...
Soaring Demand Drives Gold-Backed Cryptocurrency Listing
A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app.
deVere Group added Pax Gold (PAXG) to deVere Crypto...
2021’s Major Investment Risks, Opportunities
Investment headwinds will “still exceed the tailwinds” in 2021 – but there could be more “major opportunities now than in perhaps the last 10 years”...
UAE Stock Markets Top Performers in H1 of 2013
In the first six months of 2013, the Dubai Financial Market (DFM) and Abu Dhabi's Emirates Securities Market (ADX) advanced the most among...
Bitcoin Investors Beware: Highly Volatile, Lacks Regulations
Global banking regulator sends a warning to bitcoin investors
Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden's Riksbank, said...
GCC Central Bank procedures in final phases
Kuwaiti Finance Minister Mustafa Al-Shemali reiterated on Sunday that the establishment of the GCC Central bank is in its final phases, pointing out that the concerned states which joined the GCC union are implementing this agreement.
Regional Trading to Follow Trends in Global Markets
Global equity markets continued the positive trajectory as investors got more clarity on three events that have mostly dominated the trading activity for majority...
Emirates to Mandate Banks for Investor Meetings
Emirates, the world’s largest international airline, has mandated Citi and Standard Chartered Bank as Global Coordinators and Joint Lead Managers, along with Abu Dhabi...
LinkedIn prices IPO at $45; shares doubled
LinkedIn priced its initial public offering at $45 a share, the high end of its range. It began trading Thursday on New York Stock...
Leading American bank sells international wealth management business to Swiss private...
International Wealth Management Businesses outside the United States to be Sold to Julius Baer Group
Bank of America Corporation announced today that it has agreed...
DFM turnover plunges to six-year low
Turnover on the Dubai Financial Market (DFM) fell 60 per cent in 2010, slumping to a six-year low, the company said in its annual...
Tamweel reports 2011 net profit of AED 102 million
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the 12 months ending December 31, 2011, demonstrating continued profitability...
Keeping the British Pound
To keep or to ditch the British Pound has been an ongoing debate in the UK since the introduction of the Euro, over...
Dubai Mercantile Exchange achieves new records in open interest and physical...
The Dubai Mercantile Exchange (DME) announced today that two new trading records were set in July 2010 as the exchange entered its fourth year...
UAE’s Financial Markets to remain closed on Thursday
The Financial Markets in the country will remain closed on Thursday on account of "Al-Mawlid Al-Nabawi", Prophet Mohammed (PBUH) Birthday, the Emirates Securities and...
Recession Effects on Families; Tips for Survival
Surviving recession is a true hardship for ordinary people. This group in most countries is quite large and often consists of 80% or 90%...
Nomura Goes Live with smartTrade Technologies Liquidity Management System
smartTrade Technologies, an industry leader in cross-asset liquidity management software (LMS) for banks, broker-dealers, asset managers, and large hedge funds today announced one of...
UAE Family Businesses Show Resilience, Social Commitment during The Pandemic
Despite a revenue decline in the majority of UAE family businesses due to the Covid-19 pandemic, they have out-performed regional peers in saving jobs
A...