Interest rates on mortgages sliding
The international banking giant HSBC has become the latest lender to cut interest rates in the UAE. HSBC brought down rates on conventional and...
What Are Cryptocurrencies?
A potential new form of money that offers benefits while posing risks
Hundreds of them have sprouted, with fanciful names like Primecoin, Dash, and Verge....
New Arbitration Law of DIFC
HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has enacted the new Arbitration...
Best Global Emerging Markets Bank
Citi was named Best Global Emerging Markets Bank and Best Global Transaction Banking House by Euromoney magazine as part of its Euromoney Awards for...
Investors bullish about prospects for global growth
BofA Merrill Lynch Fund Manager Survey Finds Investors Displaying Growing Conviction in Growth
Portfolio managers indicate that QE era is coming to an end
Investors are increasingly...
CFD products launched for ME investors
ADS Securities (ADSS) has launched of a new range of CFD (contract for difference) trading products specifically designed for Middle East traders.
The CFDs give...
Emirates NBD opens new Priority Banking centre in Tourist Club Area...
In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...
Merrill Lynch Wealth Management strengthens Middle East team
Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...
Rising Infection Rates May Slowdown Economic Activity
Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...
Dubai to Host 2021 World Forum for Foreign Direct Investment
Conway, Inc. announced that it has awarded the Dubai Investment Development Agency the opportunity to host the 18th World Forum for Foreign Direct Investment...
The Dubai Bond four times subscribed
The Dubai government is set to raise as much as $1.25bn as its sovereign bond issue moved to price on Wednesday, reported The Financial...
24 Fintech to Host Top Government Officials and Global Finance Leaders
24 Fintech summit will feature 175 hours of expert-led content delivered by prominent speakers from leading Saudi and international financial institutions; including Financial Sector...
Al Rajhi Capital and Arcapita announce launch of USD500 million Real...
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank B.S.C.(c), an international investment firm headquartered...
Can GCC VAT Hikes Offset Covid-19’s Fiscal Impact?
Emergency tax measures introduced in the region include the extension by several months of due dates for filing tax returns, the reduction or elimination...
UAE stocks gain AED11.5 bn Monday
The UAE's two main bourses secured AED11.5 bn in gains Monday, the highest in months, driven by the realty and banking sectors.
Amidst high sentiments,...
Emcredit to release credit-related economic indicators
1. Research reports valuable for business decisions, monitoring trends and economic policy making
2. First report to highlight trends in UAE business activity in 2009
3....
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.
MENA Corp and ZagTrader launch new Online Trading Platform
Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...