Why Now Is Not The Right Time To Invest
Failure by the world’s largest borrower to pay its debt will devastate stock markets across the globe.
Gold prices strengthen on rising demand
Last Friday, gold futures closed higher, posting a gain of almost 3% on weekly basis. A fall in U.S. consumer sentiment helped lift the...
ADX, Nasdaq Dubai Sign Index License Agreement
Abu Dhabi Securities Exchange, ADX, and Nasdaq Dubai have signed an agreement to develop and launch an Index Futures contract based on the Abu...
A Record Of 2,170 Billionaires Worldwide Registered
Wealth-X and UBS Billionaire Census 2013 shows Asia as fastest growing region with 18 new billionaires in 2013
Gold Continues Sliding, Hits 5-Year Low
Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...
Top 10 Diamond Mining Companies for 2012
1. Russia: Mirna Mine
Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...
Friday’s Sell-off Doesn’t Spell Good News For Gold
December gold futures fell 3.19% last Friday, settling at $1,332.50 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices...
Traders bullish on GCC bourses in 2014
UAE markets surged on Monday in an unusual year-end trend as investors bet on a bullish 2014 outlook.
Abu Dhabi’s index climbed 1.6 percent to...
Investors Search for Good Investment Opportunities in New IPOs
Regional markets witnessed a positive performance on the last day of the week with almost all indices ending the day in green, however, this...
Value-packed mortgages for resident expats
Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years)
Up to 85 per cent financing
Includes free life,...
Investors Regain Confidence in Regional Markets
October is looking to close out with a wave of optimism. Global markets ended the week on a positive note led by US equity...
Foreign and institutional trading in Etisalat Group to start September 15
Emirates Telecommunications Group Company has announced that foreign and institutional trading of its shares on Abu Dhabi Stock Exchange will start on September 15th.
In...
MENA M&A Market Stalls, During 2Q2015, Well Behind Its 3-Year Rebound
The MENA M&A market markedly regressed during 2Q2015, well behind its prolonged 3-year revived activity. The overall 12-month activity now falls short from a...
UAE community’s personal banking and lifestyle habits
Positive feelings towards personal banking over the internet; overwhelming majority keep their personal finances up-to date-and ladies taking the lead in controlling the purse...
DFM, Nasdaq Dubai To Launch Futures on DFM General Index
Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will...
Emirates set to close US$913 million Sukuk
*Offer attracted orders exceeding US$3.2 billion and was 3.6 times oversubscribed
Emirates is pleased to announce the successful pricing of US$913,026,000 Certificates due 2025 (the...
Investors Turning to Cash as Geopolitics and Interest Rate Rise...
Europe Bears Brunt of Falling Sentiment but Emerging Markets Thrive
Rising geo-political temperatures combined with the threat of rising U.S. interest rates have led global...
Emirates NBD unveils largest illuminated National Flag in UAE
Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities