Sovereign Wealth Funds could invest as much as $725b in real...
Sovereign Wealth Funds could, potentially, invest as much as $725 billion over the next seven years, states a new report by CB Richard...
Have you heard that secondary mortgages are temporary suspended?
"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...
UAE takes preventive measures to face global financial crisis
President H.H. Sheikh Khalifa bin Zayed Al Nahyan confirmed that the UAE economy is strong and sound and that its banking system is solid...
DIFC launches real estate investment fund
DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), said it is launching a real estate fund that will invest in...
UAE banks have no exposure to Lehman’s fall-out
The UAE banks have virtually no exposure to Lehman Brothers and that there was no systemic risk in the UAE as a result of...
International Compliance Association sets up office in DIFC
To offer certificated programmes in Compliance, Anti-Money Laundering (AML) and Financial Crime Prevention awarded in association with University of Manchester Business School
To develop best...
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....
Better day for DFM
The Dubai Financial Market General Index rose 0.9 per cent to 4,511.25 at 12:55 pm, rebounding from its lowest close since October 8.
Dubai shares...
Foreigners bought $281.1m shares on DFM last week
Dubai Financial Market said on Friday that the value of shares bought by foreign investors, or non-UAE nationals, during the week August 31 to...
Nakheel launches syndicated loan
Nakheel Properties said on Thursday it was launching a 4.4 billion dirham ($1.2 billion) syndicated loan.
The facility, which matures in January 2011, includes a...
DAMAC planing IPO
Damac Properties is planing to launch an initial public offering (IPO) of its shares.
The listing on the Dubai Financial Market (DFM) will be executed...
DIFC to become hub for Family Offices
New regulations provide platform for setting up family holding companies at DIFC
The Dubai International Financial Centre (DIFC) today announced new regulations to encourage family...
New Arbitration Law of DIFC
HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has enacted the new Arbitration...
Sovereign Wealth Funds may change direction of investment flows
Restrictions by the United States and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head...
Banking on the future
The Emirates National Development Program (ENDP) and HSBC are coming together for an initiative that will, in the coming year, train and develop 200...
DIFC Seminar to explore opportunities in the regional funds industry
The Dubai International Financial Centre (DIFC) will host on Wednesday, August 27, an industry seminar to shed light on how financial services companies...
Foreign investors purchase AED 1.117 billion worth of shares on DFM...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...
Dubai First launches complete corporate solutions payment package
Dubai First MasterCard Corporate Card Sets New Service Benchmark
Dubai First, the consumer finance company of Dubai Group, a member of Dubai Holding, in association...