Precious metals off to big start in 2014
Gold had its biggest day in three weeks on Thursday, up 1.8% to $1,224 per ounce. Silver was also higher by 3.3%, with optimism...
MENA M&A Market Started 2015 on a Positive Note
The MENA M&A market depicted a steady activity during 1Q2015, prolonging its 9-month positive performance. Despite depressed oil prices and the regional political turmoil...
Precious metals outlook boosted
Instead of a multi-year downtrend, with disinvestment putting pressure on precious metals prices over time, many of the variables that drive gold prices (lower...
UAE Central Bank caps mortgage lending
Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.
Interest Rate Differentials Trigger Dollar Selling
The US dollar sold off today in favor of higher yielding currencies with the largest gains seen in the euro and Aussie dollar. The...
Gulf Stocks Slide Deepens Amid Global Selloff
Stock markets in the petrodollar-dependent Arabian Gulf tumbled Sunday to multimonth lows, spooked by sharply lower oil prices and a global equities selloff over...
Investors Are Regaining Risk Appetite
...but Below-Trend Growth & Over-Valuation Cause Concern
Global investors have regained appetite for risk against the backdrop of strong liquidity and a fairly positive economic...
Dubai Parks and Resorts Closes the UAE Tranche of its IPO
Dubai Parks and Resorts PJSC (under incorporation) (“Dubai Parks and Resorts”), a subsidiary of Meraas Holding LLC, announces the successful closing of the UAE...
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
Digital Payments Giant Debuts on Fortune Future 50 List
Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...
Allianz Global Wealth Report 2024: Surprising Relief
Surprising relief: Global financial assets of private households increased by 7.6% in 2023, more than making up for the losses of the previous year
No...
Sale Alert for Billionaires – World’s Smallest Country on the Market
Many celebrities and billionaires have their own island. They are willing spend tons of money to get a piece of land that will be...
Dubai Among Top Cities for Global Investors in 2014
Dubai is among this year’s most attractive top cities for global investors. In addition, investment volumes in the country have increased dramatically for less...
MENA M&A Market at Its Lows during 3Q2015
The MENA M&A market maintained, in 3Q2015, the slow activity witnessed during the recent period, as it fails to redress from the current lows....
GCC Markets Performance in August 2013, Report
· GCC markets lose steam in August on global cues
· Global markets decline on Syria concerns
· Combined market capitalization falls 1.6%MoM in August
GCC markets...
Government of Sharjah Issues Debut 10-year Sukuk
The Government of Sharjah has today announced the issuance of its debut transaction in the Debt Capital Markets, a US$ 750 million 10-year Sukuk...
Nasdaq Dubai to Create Futures on Emaar Development
• To enable investors to take a position on share price
• Move supports liquidity of underlying shares with SHUAA Capital as Market Maker
• Number...
Gold and silver back in vogue
Last Friday, gold for December delivery fell $8.40, or 0.6%, to settle at $1,314.60 an ounce on the Comex division of the New York...