Emirates NBD Asset Management fixed income funds perform strong
Emirates Islamic Money Market Fund ranks amongst top
10 per cent of US Dollar Money Market funds globally
Sharia-compliant Emirates ...
Real Estate Still Top Investment for UAE Residents
Real estate is the most popular class for investment for UAE residents, according to a new survey. Although investors prefer property over the traditional...
Citi reports security breach; 360 000 credit cards were affected
US banking giant Citigroup had told its clients that about 360,000 credit cards were affected by an online hacking attack in May.
Citigroup reported that...
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...
GCC Consumers Opt for Digital Banking Services Post Covid-19
77% of respondents in the GCC access digital banking services at least once a week.
44% are willing to switch to a different bank due...
Dollar gains as central banks stay put
The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...
Dubai Mercantile Exchange announces new trading records
February sees highest monthly trading, best average daily volume and busiest day in exchange’s history
The Dubai Mercantile Exchange (DME), the leading energy futures exchange...
Ban on insiders’ trading took effect on Sunday
A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on Sunday, 17th March 2019, in...
DIFC Reaffirms Commitment to Advancing FinTech Ecosystem
New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events
DIFC Authority...
National Bonds sales up 5%
National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...
ESG Makeover for Investment Industry
The COVID-19 pandemic has heightened our expectations of environment, social and governance (ESG) investing across the globe. Although it has been a mainstream topic...
Dubai World Trade Centre to Become Comprehensive Zone and Regulator for...
As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World Trade Centre (DWTC) will...
Majid Al Futtaim Sets A New Standard in Sustainable Financing with...
Continuing its regional leadership in responsible financing, Majid Al Futtaim issues new Green Sukuk.
Majid Al Futtaim has raised $500 million to refinance part of...
Preparing Emiratis for leadership roles in banking
Dubai Islamic Bank (DIB) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions...
54% Consumers Uncertain over the Difference between Islamic and Conventional...
A recent survey conducted by YouGov Siraj, to understand consumer banking preferences in the region, with a focus on Islamic banking, revealed that 54...
UAE Islamic banks account for 30% of global Islamic Banking industry
UAE Islamic financial services sector represented 30% of the global Islamic banking industry in 2011
27% Of Investors in UAE Are Changing Investment Strategies to Combat...
29% of investors are spending less and another 34% investing more to combat inflation.
Cash will take a backseat among UAE Investors, falling to 8.6%...
Deyaar Board Reaches Landmark Decision to Distribute Dividends
In a major milestone, the Board of Directors of Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in...