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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 -...

Increase in retail sales expected during DSS 2008

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres

Islamic banking makes rapid strides

Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...

The best Chief Information Officer (CIO) of the year

Dr. Akl Noun, Head of IT at the Abu Dhabi Investment Company (ADIC) has been selected the best Chief Information Officer (CIO) of...

The Significance of GCC Sovereign Funds

A fundamental shift in global finance has thrown the GCC countries into full glare of the world spotlight amid surge of GCC sovereign funds. The...

Treat sovereign funds equally

Sovereign wealth funds should be treated like any other institutional investor and not have special rules imposed on them, Henry Azzam, head of Deutsche...

Real-time Automated Payments in DIFC

The Dubai International Financial Centre (DIFC) today announced that it has signed a Memorandum of Understanding (MoU) with the Central Bank of the...