Gold, Rupee trading drives DGCX daily volumes record
Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion
Driven by an increase in Indian Rupee and Gold futures trading, the...
MENA Equity markets on track for sustained growth
Sustained economic growth expected in GCC economies backed by high oil prices and government spending on infrastructure
Saudi Arabia GDP growth for 2011 upgraded while...
GCC Markets Performance in February 2013
GCC were unstable in February; TASI consolidated under 7,000
Highest MoM gains belongs to Abu Dhabi and Kuwait
Trading activity withdraws on MoM basis
Activity of IPO...
UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
Why jewelry buyers now shy from gold?
Jewelries have been made of gold and silver for thousands of years and these are the presious metals most favored by buyers who insist on both...
88% of affluent people living in UAE have credit obligations
Survey shows improvement in the levels of awareness of the Bureau and Credit Reports
Credit cards are most common form of credit, followed by...
G20 and new US Administration critical for Leadership on finance Reform
1. Next week’s G20 summit and the election of Barack Obama offer fresh opportunities for leadership in reshaping the international financial architecture
2. As the...
DED and Commercial Bank of Dubai sign agreement to facilitate electronic...
The Dubai Department of Economic Development (DED) and Commercial Bank of Dubai (CBD) have signed a co-operation agreement to give customers the option...
Emirates NBD region’s ‘Outstanding Private Bank’
Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore
SCA launches a new service for iPhone and iPad users
As part of its efforts to improve the e-services rendered to investors, dealers, partners and researchers, the Emirates Securities and Commodities Authority (SCA) announced...
DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts
February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...
Stocks are Undervalued
The summer lows that the U.A.E. markets appear to have set in the past days raise a question: How much support can the market...
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...
Growth and Profitability Fears after Oil Price Spike
Following the recent oil price spike, investors fear for corporate profitability and global growth, according to the BofA Merrill Lynch Survey of Fund Managers...
Moody’s upgrades Gulf Investment Corporation
The Gulf Investment Corporation (GIC) announced Moody’s Credit Rating Agency upgraded its stand alone (BFSR) rating from ‘D-‘ to ‘D’
Investors Anticipating Monetary Policy Separation
BofA Merrill Lynch Fund Manager Survey Finds Investors Anticipating Monetary Policy Separation of Fed and ECB
U.K. Unpopularity Deepens as Scottish Independence Vote Looms
Sentiment towards...
Fund Manager Survey finds investors less positive
Global investors are moderating their earlier exuberance in the face of somewhat lower conviction over global growth, though they remain positive towards equity markets...
Brexit Investor Sentiment
British voters have shocked financial markets on Friday by choosing to have the United Kingdom exit the European Union.
So far, the "Brexit" vote is...