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DFM and Citibank sign custody agreement

Dubai Financial Market (DFM) today signed a Depository Participant Agreement (DPA) with Citibank. The agreement will enable Citibank to provide custody of DFM-listed securities...

UAE Minister of Economy discusses steps to strengthen bilateral relations with Austria

His Excellency Sultan Bin Saeed Al Mansouri, the UAE Minister of Economy, and His Excellency Christian Bokhman, the Austrian Minister of Economy and...

Sovereign Wealth Funds could invest as much as $725b in real estate markets worldwide over the next seven years, says report

Sovereign Wealth Funds could, potentially, invest as much as $725 billion over the next seven years, states a new report by CB Richard...

The Dubai Mall to host first Waitrose store in the Middle East

1.55,300 sq ft store showcases extensive range of quality food products 2.To offer popular Waitrose-branded products in addition to locally sourced products 3.Largest supermarket in Downtown...

Shift in capital flows gives Dubai a historic opportunity to move centrestage

DIFC Governor says Dubai's strong fundamentals will help it weather the financial crisis in global markets The current shift in global capital flows gives Dubai...

Strong economic outlook for UAE

The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...

Al Barari at a glance

With more than 330  5 & 7 bedroom secluded villas surrounded by trees and lakes spread over 14.2 million square feet, Al Barari...

Art: financial opportunity, reward and pleasure

Many art investors might know little about art in countries such as the Philippines, Venezuela, Israel, Malaysia and Turkey. With overviews of 42...

State-of-the-art Disposable Insulin Pen Available for Type I & II Diabetics in the UAE

Prevalence of Diabetes in the UAE at dangerous levels Sanofi-aventis pharmaceuticals announced today during a press conference at the Fairmount Hotel Dubai, that a...