UAE to implement 5% VAT
The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...
Financial Health Check program launched during Ramadan in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...
Investors take a more strategic approach as increased optimism returns to...
Investors take a more strategic approach as increased optimism returns to MENA real estate market according to Jones Lang LaSalle’s Seventh MENA Real Estate...
Dubai lslamic Bank launches new Al Islami Online Banking
1.New system offers array of faster and easier transactions
2.Allows access to over 50 different services
3.New system protected by state-of-art security enhancements
In line with its...
Hedge Funds Post August Decline As Political Tension Rise
Risks rise over Emerging Markets, Syria, Fed stimulus extraction;
Mixed performance in Event Driven, Relative Value Arbitrage as HFRI posts 2nd decline for 2013
Hedge funds...
Al Jazeera steel of Oman debuts on Dubai Financial Market
The leading regional exchange welcomes its first ever Omani listing
Dubai Financial Market (DFM) today announced the listing of Al Jazeera Steel Products Co., incorporated...
Physical silver is a long-term safe haven
It is not a secret that silver is much better long-term investment than gold. This is attributed to the more diversified use of the white metal,...
UAE Central Bank seeks banks’ view on mortgage regulations
Sultan bin Nasser Al Suwaidi, Governor of Central Bank of the UAE, issued Notice No. 57/2013 on 22nd January regarding Proposed Regulations re Mortgage...
Emirates NBD wins Marketing Department of the Year at 2011 International...
Also recognised as Distinguished Honoree for “Truth and Reality” Campaign
Highlights achievement of Emirates NBD’s international brand building strategy
Recipients of International Stevie Award trophies were...
Investors see potential in organic farming
Large-scale changes in the so-called food system cannot happen without the help of big investors. Even though most of them prefer to take short-term,...
DGCX to List SENSEX Futures for Trading on July 5
The Dubai Gold and Commodities Exchange (DGCX) announced today that it will launch a futures contract based on SENSEX, the blue-chip stock index of...
Why jewelry buyers now shy from gold?
Jewelries have been made of gold and silver for thousands of years and these are the presious metals most favored by buyers who insist on both...
Leading Dubai-based conglomerate to launch an IPO
Dubai-based conglomerate Al Habtoor Group is considering to launch an IPO (initial public offering) in Dubai given strengthening equity markets, the company said in a...
Real-time Automated Payments in DIFC
The Dubai International Financial Centre (DIFC) today announced that it has signed a Memorandum of Understanding (MoU) with the Central Bank of the...
Morgan Stanley becomes approved applicant for Dubai Gold Securities
Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...
Emirates NBD opens branch at Emaar Business Park
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...
Dubai World seeking to sell Inchcape Shipping Services
Dubai World has been seeking to sell Inchcape Shipping Services (ISS). The port and shipping agent was put up for sale recently by...
UAE – The Most Attractive Country in the Middle East for...
The United Arab Emirates is among the most attractive countries in the world for foreign direct investments. According to the 2013 A. T. Kearney...