Money supply in UAE decreased
The UAE's Central Bank announced that money supply M0 (currency in circulation + currency at banks) decreased by 2.1 percent. from AED 53.2 billion...
BofA Merrill Lynch Launches Accelerated Payments to Asia
New Service Uses Smart Routing Technology; Improves Cash Concentration and Visibility by Reducing Delays Common to U.S. Dollar Payments in the Region; Removes Need...
Gold prices seen higher in the weeks ahead
Gold prices are expected to rise in the coming weeks building strength on the previous weeks' gains.
On Friday, the yellow metal tallied a five-week...
Hedge Funds in India, MENA gain despite currency, commodity volatility
Hedge fund capital invested in Emerging Markets (EM) posted a narrow gain for the third quarter as EM, Currency and Commodity Volatility all increased...
Emirates NBD, MasterCard to launch Titanium Credit Card
Focus on lifestyle benefits, superior rewards and robust security features
New Titanium credit card caters to fast growing emerging affluent segment
Emirates NBD, a leading bank...
Banks offer free air tickets with personal loans
Applies to customers availing personal finance of AED 75,000 and above
Includes instalment deferment of up to 60 days, free credit life Takaful insurance and...
Increase in retail sales expected during DSS 2008
Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres
DIFC to become hub for Family Offices
New regulations provide platform for setting up family holding companies at DIFC
The Dubai International Financial Centre (DIFC) today announced new regulations to encourage family...
Dubai Financial Market performance in September 2013
The Dubai Financial Market General Index up 9.5% to 2762.5 points at the end of September compared to 2523.1points at the end of August.
At...
Five Safe Investment Themes for 2014
We all want more, more! Greed drives not only the stock markets or the property markets.
‘Best Home Finance Company’ at Banker Middle East Industry Awards
Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...
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,...
Optimism about gold market remains strong
Retail investors and market professionals have been bullish lately. Gold prices have managed to bounce off of fresh five and-a-half year lows earlier last...
DFM launches iVESTOR Shabab card
The Shari'a compliant card enables parents to track their children's expenditure, and entitles holders to receive a DFM Investor Number
The new card emulates the...
Investors Concerned That Global Economic Recovery Could Falter
Risk associated with the U.S. economy has escalated, though sentiment towards Europe has improved
Emirates NBD partners with Dubai Aquarium & Underwater Zoo for...
Emirates NBD, a leading bank in the Middle East, has signed an agreement to partner with Dubai Aquarium & Underwater Zoo, managed by Emaar...
Mortgages to Foreigners Maybe Capped at 50% of Home Value, Sources
A large number of international media sources report that UAE's Central Bank have issued guidelines restricting mortgages for expatriates to 50 percent of the...
Emerging Markets hedge funds lead Q3 gains
Emerging Markets hedge funds extend YTD gains as local equity, currency markets rebound