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GCC Annual Real GDP Growth 4-7% Until 2020, Report

Annual Real GDP Growth forecasts for MENA countries are roughly unchanged Reflecting new insights into potential economic growth, BofA recently upgraded the long-term growth outlook...

UAE Among World’s Top Markets with Highest Trust

CFA Institute, the global association of investment professionals, recently published Enhancing Investors’ Trust – the 2022 CFA Institute Investor Trust Study, the fifth in...

The resurgence of the Middle East cards industry

The last twelve months has seen the Middle Eastern retail banks face the twin challenges in their cards business of security threats and exposure...

Investors Moving Toward a “Risk-off” Position Amid Geopolitical Unrest

Hedge Funds Scale Back Leverage and Equity Allocations Global investors are moving toward a ”risk off” stance, taking on greater protection as the prospect of...

Customers Who Pay By Card Less Likely to Remember Paid Amounts

The transparency of spending money depends on the mode of payment used: cash, single-function cards that offer only a payment function, or multifunctional cards...

Regulatory uncertainty tops organizational risks for senior executives

Large institutions may suffer hit to normalized earnings as a result of re-regulation Deloitte identifies five key industry drivers to impact global financial institutions For the...

Abu Dhabi Financial Services becomes member of Nasdaq Dubai

The UAE- based broker Abu Dhabi Financial Services (ADFS), the financial brokerage arm of the National Bank of Abu Dhabi (NBAD), has joined Nasdaq...

FDI Global Cities of the Future 2021/2022: Dubai Ranks 3rd Globally

The vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, helped...

DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...

Stocks of great quality are trading at ridiculously low prices

Believe it or not, the battered markets are creating amazing opportunities. Right now, you can make back thousands of dollars - if you have the...

Emaar Development IPO Seeks up to $1.5 Bln

Emaar Properties is looking to raise as much as $1.5 billion from the sale of shares in its development unit in Dubai's first major...

Gold Continues Sliding, Hits 5-Year Low

Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...

Gold prices expected to rise next week

Spot gold finished 1.1% higher at $1,238 an ounce on 3 January. Prices inched up 0.3% a week ago, when the metal remained on...

Regional Investors to Follow Trends in Global Markets, Oil Prices

Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...

Ethica Institute Makes History at Mashreq Bank

For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...

Brent, corn and gold investments to perform well in 2012

Commodities had an eventful year all-together, but ended the 2011 roughly unchanged. The energy-heavy MLCX TR and S&P GSCI TR indexes returned -2.6% and -1.2%...

Retaliatory tariffs by US, China to dominate trading activity across markets

Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...

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...