UAE Ministry of Economy Announces Reduction in Fees for 94 of...
Al Mansoori: Move represents important step to reduce the cost of business and support the economy during the current stage
Reduction rates in...
Interest in Bitcoin Halving Grows By 669%
The upcoming Bitcoin halving event continues to attract massive global interest based on queries logged on the search engine Google. Data compiled by Finbold.com...
Bitcoin’s Price To Be Boosted By May’s ‘Halving’
The historic Bitcoin halving event next month will boost its price – but other key drivers will have a more significant, longer-term impact.
This is...
Coronavirus Prompts Growing Number To Re-evaluate Savings
The coronavirus pandemic has triggered a ‘significant rise’ in the demand for savings solutions, reveals one of the world’s largest independent financial advisory organisations.
deVere...
Historical Evidence For Bitcoin Performing Like Digital Gold
In the first days after the outbreak of the coronavirus crises in the West, crypto plunged like traditional asset classes. Bitcoin was pronounced...
DGCX Gold Futures Trading Volumes Increase
As the COVID-19 pandemic causes volatile swings in markets across the globe, investors are making increasing use of the Dubai Gold & Commodities Exchange...
DIFC Reinforces UAE Government’s Efforts to Support Businesses
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...
Regional Traders Look To Oil Prices; Coronavirus Containment
Global equity markets observed positive sentiments as investors seem to be encouraged by aggressive monetary policy actions by Central Banks, especially the USD 2...
Coronavirus Pandemic Will Drive Responsible Investing ‘Skywards’
The coronavirus pandemic and its economic fallout will trigger a ‘skyward surge’ in sustainable, responsible and impactful investing over the next 12 months, affirms...
Abu Dhabi Securities Market To Become Public Joint Shares Company
President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued a law regulating the legal status...
Bitcoin 2x Better at Withstanding COVID-19 than S&P 500 and Oil
Bitcoin has been caught up in the Coronavirus market crisis with the asset’s price dropping by almost half as the global economy comes to...
Global Financial Markets To Use China’s Recovery As Critical Gauge
Global financial markets will use China’s recovery as a sentiment tracker, affirms Nigel Green as European and Asian-Pacific markets and U.S. futures fell after...
Market Volatility To Continue In Global Equities
Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week...
Dubai Banks Announce Business Relief Package
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai banks have come...
FAB Implements Support Measures In Response To COVID-19
FAB launches additional financial relief initiatives in a series of clear and decisive actions to safeguard the wellbeing of customers and employees during...
UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
UAE Central Bank to Cut Interest Rates by 75 Basis Points
The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to...
Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest
The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...