MENA M&A Market at Its Lows during 3Q2015
The MENA M&A market maintained, in 3Q2015, the slow activity witnessed during the recent period, as it fails to redress from the current lows....
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...
Will looming VAT, corporate tax hurt UAE expats?
For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar…
Over the years, one...
Gulf Stocks Slide Deepens Amid Global Selloff
Stock markets in the petrodollar-dependent Arabian Gulf tumbled Sunday to multimonth lows, spooked by sharply lower oil prices and a global equities selloff over...
No Imminent VAT Introduction in UAE
An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...
Foreign Investors Enabled to Own Shares in UAE’s National Telecommunication Company
In an historic move, UAE Federal Law No. 01 of 1991 has been amended by Federal Decree by Law No. 03 of 2015, and...
Gold Demand Falls as Consumer Appetite Declines in Asia
The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% compared to...
Pride and Frustration in Gulf Banks
Staff in Gulf banks are both proud of, and frustrated by, their work, according to Hay Group. Research conducted in the region by the...
ADX approves new regulations for trading, clearance and depositing
The board of directors of Abu Dhabi Securities Exchange (ADX) has approved the enforcement of new regulations for its operations including trading, clearance, registering...
Gold Price May Tumble to $800 an Ounce
Gold prices on Wednesday suffered through its 10th down day in a row, and plenty of the precious metal’s detractors have been speaking up...
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...
Investors Hiking Cash Holdings; Expectations of Fed Hike Put Back to...
Global investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the BofA...
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...
Repositioning Private Capital: Money Movements Around The Globe
More than a tenth of the world’s ultra high net worth wealth is managed by Swiss banks and it is estimated at approximately CHF3...
Global investors have moved out of equities into cash
Proportion of Investors Buying Protection Against Equity Sell-off Reaches Survey High
Global investors have moved out of equities into cash ahead of an expected U.S....
Innovation very important to 82 percent of executives in financial firms
Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...
Investors Selectively Lowering Risk After Bond Sell-off
Global investors have less appetite for higher risk exposures, particularly in the U.S., according to the BofA Merrill Lynch Fund Manager Survey for May.
While...
Financing still a top challenge for UAE SMEs in 2015
Top sources of funds for SMEs include family and friends, private funding, as well as savings and credit cards
A new MEED survey of SMEs...