DIFC drives innovation through agreements at Global Financial Forum
• DIFC Governor announces size of wealth and asset management sector at DIFC stands at USD 424 billion
•25th GFCI Report launched – DIFC rises...
Fund passporting legislation enabling UAE-wide promotion of investment funds launched
The Emirates Securities and Commodities Authority (ESCA), the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services...
UAE Government on the EU’s declaration of the list of non-cooperative...
The United Arab Emirates is committed to all international agreements, procedures and standards adopted and related to tax procedures, and works with all concerned...
UAE GDP grows 4.4 percent in Q4 2018
Driven by increased buoyancy in non-oil sector, and accelerated growth in oil production from October to December 2018, the UAE gross domestic product (GDP)...
Consolidated government revenues up 4.8%
The UAE consolidated government revenues increased to AED304.5 bn during the first nine months of 2018, up 4.8 percent on year, with expenses picking...
Trading activity likely to remain subdued as markets unlikely to witness...
Global markets witnessed a rough week as all the leading indexes closed in negative territory on the back of disappointing economic indicators from slowest...
Regional markets likely to remain range bound due to lack of...
Global markets continued the positive momentum during the month of February. Better than expected economic data from China, benign US inflation and optimism over...
Aldar Investments to Acquire Full Ownership of Etihad Plaza, Etihad Airways...
Aldar Investment Properties LLC (“Aldar Investments”) is pleased to announce that it has agreed to acquire full ownership of Etihad Plaza and Etihad Airways...
Upcoming corporate earnings announcements will influence regional markets
The global markets continued the positive momentum during the week on the back of optimism over a positive outcome from US-China trade talks. Trade...
Gold Demand Trends; Highest Central Bank Buying in 50 Years
Annual gold demand gained 4% on highest central bank buying in 50 years
Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017 and...
Trading activity to be driven by movement in global markets, oil...
The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...
FAB Global Investment Outlook forecasts global equity market rebound in 2019
UAE markets also expected to recover amid Abu Dhabi stimulus plan and a more favourable global market background, as geopolitical risks subside and interest...
MENA could issue over USD 80 billion of debt in 2019,...
• JP Morgan EMBI inclusion (31 January) likely to attract more than USD 30 billion in inflows to GCC bonds
• Local and hard currency...
2019 Global Investment Outlook: The Way Forward
Global Investment Outlook affirms that trade tensions, tightening monetary policy, and potential inflation will affect most asset classes
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...
UAE Authorities Set to Facilitate Domestic Funds Licensing
The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the Financial Services Regulatory...
ADNOC Investor Forum Highlights Co-investment, Partnership Opportunities
The Abu Dhabi National Oil Company (ADNOC) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu...
Western Union and Amazon to Launch New Way to Pay
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today announced it is has been engaged by Amazon to launch...