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India ranks 3 rd in increase in UHNWI population over...

Mumbai and Delhi slated to move up to ranks 14 and 29 respectively by 2025 Knight Frank today released its 10th edition of the Wealth...

UAE residents in the dark about credit card interest rates

Credit card interest rates in the UAE are misunderstood Nearly two thirds of credit card holders in the UAE are unaware of the interest rate...

Gold on track for biggest monthly gain since 2002

Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...

Regional markets to close February in the green as KSA struggles...

Regional markets are showing resiliency for the first time in a long time as they ride out another volatile week and preserve monthly gains....

Gold’s allure intensifies as equities, oil prices turn lower; High demand...

The demand for gold has significantly increased in recent weeks. Sales are driven by the concern of many investors of impending turmoil in the...

Dubai’s financial system electronically linked to Federal Government

On the sidelines of the first Government Financial Coordination Council meeting for 2016 In a bid to meet the requirement of the International Monetary Fund...

Outflows rise in equities; Record influxes into gold funds

According to a new paper by Bank of America Merrill Lynch, volatility seems to be taking its toll on risk assets flows. “Outflows continued...

Al Etihad Credit Bureau automates bank credit report-pulling processes

· Retrieving & using credit data will be streamlined across all users within a bank through full system to system integration. · The automation of...

Could gold price reach $2100 this time?

On September 6, 2011, gold price reached an all-time high of $1921.50. At the time, bullish traders believed the precious metal could power even...

Emaar Properties records net operating profit of US$ 1.193 billion in...

Full-year revenue grows 33% to AED 13.661 billion (US$ 3.719 billion) Recurring revenue from shopping malls & retail and hospitality & leisure businesses in 2015...

Funding the GCC’s infrastructure: is it time for Public Private Partnerships?

Ultra-low oil prices will continue to limit cash available to sovereigns in the Gulf Cooperation Council countries over the near term. Clearly GCC governments...

Kaloti Precious Metals see off tough competition to win Bullion Dealer...

Consumer Power Sees Dubai Bullion Company Scoop International Award After a three-month open public vote in which over 22,000 votes were cast across 5 countries,...

How to Survive in Economic Recession

Spreading economic recession and low crude prices have undeniably impacted many people based in oil producing and exporting countries. The complex nature of aiming...

Gold prices rally as investors seek safe-haven; May climb toward $1,200

Gold prices moved firmly higher on Tuesday as oil futures lost over 5% and Chinese stocks traded sharply lower. Investors sentiment is sharply lower...

Why Opt for Property Management in Dubai

Full property management in Dubai is lately considered as the ideal choice for first time investors or those who live in other cities, or...

Valued over $1 trillion Saudi Aramco IPO could go global

As part of a privatization drive, Saudi Arabia is considering an IPO of Saudi Aramco, the world’s biggest crude oil producer, deputy crown price...

Gold prices poised to strengthen in the week ahead

Gold prices will aim higher next week on the back of a renewed market volatility. Despite that the Comex February gold futures were unable to...

Investors Significantly Less Confident in Global Economic Outlook

With increasing concern over China’s growth, investors are significantly less confident in the global economic outlook, according to the BofA Merrill Lynch Fund Manager...