Investors Concerned That Global Economic Recovery Could Falter
Risk associated with the U.S. economy has escalated, though sentiment towards Europe has improved
Personal loans limit may be removed soon
New rules could allow loans of up to 50 times an applicants’ monthly salary
The draft of a new system for approval of personal...
DFM inaugurates Annual Stock Game for Students
Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and...
Deadline to Submit VAT Returns Extended to May 28: Federal Tax...
The Federal Tax Authority (FTA) has issued a directive, on an exceptional basis, extending to 28 May 2020 the deadline of submitting VAT returns...
Layoffs in UAE banking industry on the rise
According to recent Reuters and Bloomberg reports, layoffs within UAE's banking industry are on the rise despite that the majority of banks reported strong...
Social Affairs Ministry denies converting Arkan shares to social assistance recipients
The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...
BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...
Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...
Emirates Securities Markets to implement DVP from April 28
The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...
Dubai Mercantile Exchange sets new records in July
The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...
UAE Signs Initial Agreement for Investment Protection and Promotion with Republic...
On behalf of and towards enhance international financial agreements of the UAE, Ministry of Finance (MoF) signed an initial agreement for investment protection and...
Global commercial real estate investment volumes decline by 8%, report
Global commercial real estate investment volumes at US$96bn in Q3 2012
Strong performance in major global property investment markets continues despite 8% total volume decline...
Investment funds switch out of Africa into MENA
According to BofA's investment funds flows positioning recent research, the MENA region now tempts GEM funds from Africa. However, the UAE surge was missed...
New Hedge Fund Launches Fall
Launches lowest since 2010, highest liquidations since 2009
Top performers lead decile dispersion to highest level in four years
New hedge fund launches declined to their...
Fund passporting legislation enabling UAE-wide promotion of investment funds launched
The Emirates Securities and Commodities Authority (ESCA), the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services...
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...
Investors Significantly Less Confident in Global Economic Outlook
With increasing concern over China’s growth, investors are significantly less confident in the global economic outlook, according to the BofA Merrill Lynch Fund Manager...
Dollar Slide Continues
Interview and discussion with Daniel katzive of the Credit Suisse. He says that the dollar may continue to weaken but that depends on a...
Mortgages to Foreigners Maybe Capped at 50% of Home Value, Sources
A large number of international media sources report that UAE's Central Bank have issued guidelines restricting mortgages for expatriates to 50 percent of the...