New system limits personal loans to 20 times a person’s monthly...
UAE Central Bank announced today that it has adopted a new system of bank loans and other services provided to individual clients.
The announcement came...
Deflating news for men: Women Better Investors
A new study by Barclays Capital and Ledbury Research found that women were more likely to make money as investors in the financial markets,...
Abu Dhabi Launches E-Mortgage Services
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM) cum Chairman of the Technology Committee at the Department of Urban...
Foreigners net DFM buyers by AED 5.08 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 21.11 million, while their sell transactions reached about AED 20.02 million, according...
One in two Managers Already Testing Tokenised Assets
85% agree that financial service providers who are unprepared for mass tokenisation of assets risk being left behind
More than half (52%) of fund managers...
First Gulf Bank sponsors Investor Relations Best Practice Awards
First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards
Investors Should ‘Buckle-up’ for Jittery Markets in September
Financial markets are going to get jittery in September amid concerns over the Delta variant, China’s regulatory attacks and shifting monetary policies, warns the...
Crude Oil Trades Near 29-Month High as Middle East Unrest Continues
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As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...
The resurgence of the Middle East cards industry
The last twelve months has seen the Middle Eastern retail banks face the twin challenges in their cards business of security threats and exposure...
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
Ernst & Young Reports 2011 Global Revenues of US$22.9 Billion
Good growth across all service lines
Emerging markets saw combined revenue growth of 20%
Headcount at an all time high of 152,000
Ernst & Young today announced...
EUR Dives from Investor Pessimism
The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...
Central Bank announces increase in money supply
The Central Bank of UAE announced today that the money supply M0 (currency in circulation + currency at banks) increased by 2.3%, from AED...
Investors Should Be Cautious Due to Rising Global Markets Uncertainty
Global equities performed negatively during the week on the back of weak economic data, worries of a second pandemic wave and the timid recovery...
BNP’s Thio Says Euro’s Long-Term Outlook Still `Bleak’
Thio Chin Loo, a senior currency strategist at BNP Paribas SA, talks about the outlook for the euro after the European Union unveiled...
Saudi Arabia Unveils More than US$6.4 Billion in Technology, Startup Investment
Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups
STC to invest US$1 billion in MENA HUB to create regional center for cloud...
Inflation, Growth Concerns Take Over GCC Stock Markets
Today's market analysis on behalf of Daniel Takieddine, CEO of MENA BDSwiss.
GCC stock markets were mostly decreasing following other international markets as investors’ concerns...
Latest Middle East Asset Management Study from Invesco
Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...