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EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

Emirates NBD opens branch at Emaar Business Park

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...

Foreign investors purchase AED 1.916 billion worth of shares on DFM

Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (03 August -...

Moody’s Analytics launched its office at DIFC

Launch of DIFC (UAE) office reinforces commitment to Middle East Moody's Analytics, a leading provider of risk management solutions to the banking and capital markets,...

Know your ETF risk

ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...

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...

Declining trading volumes may not be bearish

Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...

2013 outlook for MENA markets cautiously optimistic

Investor confidence returns as real estate market slightly rebounds and tourism booms Institutional volumes grow, with Mubasher posting Year-on-Year volume growth of 56% (UAE), 47%...

DME records strong growth in forward trading; record number of participants

Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1 Record number of participants trading Oman futures contract in 2019 ...

Latest Middle East Asset Management Study from Invesco

Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...

Emirates prepares for dollar-denominated bond issue

Emirates Airline, Dubai's flagship carrier has picked four banks to arrange meetings for a prospective dollar-denominated bond issue, according to a statement issued today. HSBC,...

Goldman Sachs cuts gold price forecast for 2013

Goldman Sachs cut its gold price forecast for this year, saying while the latest sell-off is "likely excessive," it has "exposed a quickly waning...

Why Now Is Not The Right Time To Invest

Failure by the world’s largest borrower to pay its debt will devastate stock markets across the globe.

Smart Real Estate Investing: Where to Spend in 2015?

With the changing global economy and emergence of new markets, the map for smart real estate investment has changed. Even safe-haven investors who used...

MENA Corp opens new branch in Dubai

Amid industry players’ shutdowns, MENA CORP eyes expansions in local market Premier financial services group MENA CORP is pleased to announce it defied a trend...

Dubai Among Top Cities for Global Investors in 2014

Dubai is among this year’s most attractive top cities for global investors. In addition, investment volumes in the country have increased dramatically for less...

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...

Dubai, Abu Dhabi Among Top Global Financial Centers

The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...