UAE Central Bank’s governor calls for reduced interest rates on loans
Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...
Moody’s Analytics launched its office at DIFC
Launch of DIFC (UAE) office reinforces commitment to Middle East
Moody's Analytics, a leading provider of risk management solutions to the banking and capital markets,...
Commercial Bank of Dubai to provide Factoring Services to corporate and...
Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...
Investment behavior of Sovereign Wealth Funds revealed
6% of GCC SWF assets are focused on local development investments
88% of GCC SWF assets are invested internationally for diversification purposes
5% of GCC SWF...
HSBC eases requirements for Home Loans in Dubai
HSBC Holdings is making it easier for home buyers to get home loans in Dubai, as one of the real estate market shows signs of improvement.
Hedge Funds Continue Gaining, Despite Selloff in Commodities
HFRI extends 1Q performance and high watermark with 6th consecutive monthly gain;
Quantitative, Trend Following Macro CTAs post strongest gain in 10 months
Hedge funds posted...
Five reasons to remain bullish on Emerging Markets
Valuations are attractive. BofA's latest analysis comparing PB with ROE less COE suggests emerging markets (EMs) are 20% undervalued. Large sectors in bigger markets...
Private capital pursuing mining and metals investments
Increasing interest in mining and metals from private equity funds, sovereign wealth funds and state-owned enterprises is set to be a key trend in...
Middle East Countries Still a Tax Heaven
UAE is among the world’s tax havens. The local authorities have set not only world’s lowest average tax rates, but also a flexible time...
Top ranked Research house for Institutional Investors, All-Asia Survey
BofA Merrill Lynch Global Research (BofAML) is the top ranked Research house according to Institutional Investor magazine’s 2011 All-Asia Research Team Survey. This follows...
Ten Things the Investment Management Industry Should Take into Consideration Following...
The Research Foundation of CFA Institute announced the launch of a new monograph which looks at how the financial crisis has affected and will...
Emcredit to release credit-related economic indicators
1. Research reports valuable for business decisions, monitoring trends and economic policy making
2. First report to highlight trends in UAE business activity in 2009
3....
Major Financial Entities Remain Bullish on Gold
Morgan Stanley, UBS and BofA see higher gold prices later in 2013
Over the past few months, the economic environment influenced gold prices in...
GCC Central Bank procedures in final phases
Kuwaiti Finance Minister Mustafa Al-Shemali reiterated on Sunday that the establishment of the GCC Central bank is in its final phases, pointing out that the concerned states which joined the GCC union are implementing this agreement.
GCC Annual Real GDP Growth 4-7% Until 2020, Report
Annual Real GDP Growth forecasts for MENA countries are roughly unchanged
Reflecting new insights into potential economic growth, BofA recently upgraded the long-term growth outlook...
BofA revised its gold price forecast for 2013 and 2014
Bank of America Merrill Lynch cut down its gold price forecast for 2013 and 2014. The outlook update was on the back of US...
Hedge Funds Extend Record Asset Total for 4th Consecutive Quarter
Total hedge fund assets surpass $2.4 trillion, led by credit-sensitive Event Driven strategies;
Number of hedge funds surpasses 10,000 for first time since 2006
Total capital...
Emirates NBD opens new Priority Banking centre in Tourist Club Area...
In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...