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First Internet IPO on DFM

After the eruption of the financial crises of 2008, it is no secret for people in business circles, that investors (both retail and institutional)...

National Bonds sales up 5%

National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...

Abu Dhabi to launch agency for foreign investments

Mohamed Omar Abdullah, under secretary of Abu Dhabi's department of economic development said that the emirate plans to set up a dedicated investment agency...

DFM Launches Incentives for Private Businesses’ IPOs across Key Growth Sectors

Hamed Ali: “The program encompasses unprecedented incentives offered to companies planning to IPO in Dubai” The program provides financial support to private companies for IPO...

Goldman Lowered Its Annual Forecast for Commodity Returns

Goldman Sachs lowered its 12-month forecast for commodity returns, predicting a fall in precious metals, agriculture and energy. The investment bank, which kept its “neutral”...

Facebook preparing for an IPO

Facebook is preparing for an IPO that is expected to surpass $100 billion, according to a new report. If the forthcoming initial public offering surpasses...

UAE Financial Wealth To Grow by 6.7% Annually

A new BCG report expects that the UAE financial wealth will rise from USD 0.7 trillion in 2021 to a high of USD 1...

NASDAQ OMX Prices $370 Million Senior Notes Offering

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it priced an underwritten public offering of $370 million aggregate principal amount of 5.250% Senior...

Childhood education is a long-term investment

Not long ago, Nobel Laureate James Heckman called for better investing in kids. Hackman added that any postponement of that makes later interference harder...

FAB Issues Five-year USD 500 Million Sukuk

Lowest-ever yield on any five-year MENA bank USD issuance Issued at MS+90bps (all-in yield of 1.411%) Three times over-subscribed with total orderbook of circa USD 1.5...

Mutual Funds of ADCB and NBAD at its lowest

Once very profitable investment, mutual funds of UAE-based National Bank of Abu Dhabi (NBAD) and Abu Dhabi Commercial Bank (ADCB) are now a...

Dubai Investments unveiled mixed-use project Mirdiff Hills

Part developer of some of the most popu­lar residential communities in town, Dubai Investments has lifted the curtain on Mirdiff Hills, a Dh2 billion...

2019 Investment Outlook: The End of Easy

Wells Fargo Investment Institute today releases “2019 Outlook: The End of Easy,” offering guidance to investors for the coming year. It suggests 2019 will...

Precious Metals May Drop 8% Over 12-Month Period

Goldman Sachs Group Inc., a full-service global investment banking and securities firm which recommendations are capable of moving financial markets, yesterday pared its 12-month...

Foreign Investors Enabled to Own Shares in UAE’s National Telecommunication Company

In an historic move, UAE Federal Law No. 01 of 1991 has been amended by Federal Decree by Law No. 03 of 2015, and...

Bitcoin Investors Beware: Highly Volatile, Lacks Regulations

Global banking regulator sends a warning to bitcoin investors Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden's Riksbank, said...

Dubai FDI announces its Global Promotional Investment Program for 2020

Program to include official trips to US, India, China and Australia Dubai FDI, the investment development agency of Dubai Economy, has announced its series of...

How Will Asset Management Be Affected by Covid-19 Crisis?

The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...