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“A good performance for the Gulf Premier Fund and the Gulf...

Talal Al-Tawari, Head of GCC Equities Division at Gulf Investment Corporation has said that "the Gulf Premier Fund", the first of its kind in...

UAE Banks will continue financing the economic sector

Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
Consumer appetite for digital banking services continues to grow in the countries of the Gulf Cooperation Council (GCC).

GCC Consumers Opt for Digital Banking Services Post Covid-19

77% of respondents in the GCC access digital banking services at least once a week. 44% are willing to switch to a different bank due...

Regional Investors to Follow Trends in Global Markets, Oil Prices

Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...

S&P reviewing credit ratings of 25 GCC banks

Standard & Poor’s (S&P) is currently reviewing credit ratings on 50 banks in the Middle East and North Africa under a revised set of criteria.

Smart Real Estate Investing: Where to Spend in 2015?

With the changing global economy and emergence of new markets, the map for smart real estate investment has changed. Even safe-haven investors who used...

Dubai Holding consolidates its property companies and financial arms

Dubai Holding, one of the Dubai’s largest business conglomerates, said it was consolidating the back-office operations of its property companies and two of its...

Emirates Money sponsors Indian Institute of Management alumni meeting in Dubai

Emirates Money demonstrates commitment to supporting higher education, local community In line with its commitment to supporting the advancement of higher education and...

Foreign investors purchase AED 1.803 bn worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (May 24 - May...

Summer Fun for Precious Metals Investors

The long term needn't look quite so far off for bullion buyers right now... PUT ASIDE the rise in US interest rates, GDP and Fed...

DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...

Stock Market and Economic Cycles

Understanding the difference between market and economic cycles and how they are related to investment performance can help determine the best timing strategies and...

Real estate and construction sector recorded highe value in DFM’s December...

Dubai Financial Market (DFM) overall performance decreased by 7.1% to reach 1803.58 points the end of December 2009 compared to 1940.36 points at the...

Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...

Firm to Significantly Grow Corporate Banking Platform around the World Bank of America Merrill Lynch today announced a series of new hires to its Corporate...

Saudi eXtra IPO opens for subscription on December 5, 2011

IPO to open to all Saudi nationals following completion of book-building process

Dubai Economy, CBD To Provide Banking Services for DED Trader Licence...

Enables startups in Dubai to leverage online and social media for business growth Further promotes and facilitates ease of doing business in Dubai ...

DIFC New Leasing Law To Protect Property Owners, Tenants

New leasing regulation enhances the current real property regime at the world’s 8th ranked international financial centre Clear robust regulations at the DIFC...

Outflows rise in equities; Record influxes into gold funds

According to a new paper by Bank of America Merrill Lynch, volatility seems to be taking its toll on risk assets flows. “Outflows continued...