Improved Economic Prospects in 2013; Support Returns to Equities
The 2013 Year Ahead, Merrill Lynch Wealth Management
Investors should position for the ‘great rotation’ out of fixed income and into equities that is likely...
Decoding Global Investment Attitudes
Nielsen released the results of an online survey to better understand the consumer mindset on investment strategies. The study, Decoding Global Investment Attitudes, gathers...
SCA Board changes brokers’ regulation
Following a Cabinet approval of the new board set-up, the reconstituted board of the Emirates Securities and Commodities Authority (SCA) has held its first...
The Gulf Islamic Fund of Gulf Investment Corporation ranked first...
The Gulf Islamic Fund, a Shariaa Compliant investment vehicle of Gulf Investment Corporation (GIC), ranked first among Shariaa compliant funds investing in...
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...
FIO undertakes strategic study to further boost foreign direct investment potential...
The Foreign Investment Office (FIO) mentored students from the SP Jain Center of Management to undertake a study of the key strategic areas related...
NASDAQ Dubai okays UAE brokerage to trade Internationally
Premier financial services group MENA CORP is pleased to announce it received approval to operate as a broker on NASDAQ Dubai, a step that would enable it to trade and clear securities for clients on the region’s international exchange.
Major Recession in 2013, Morgan Stanley
According to Morgan Stanley, the global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013. The global financial...
Most GCC Markets Witness Correction in June
Saudi and Qatar – sole advancers
Trading activity declines in June
GCC markets witnessed some correction in June, following a strong rally in May, reports Global...
Banks to provide financing to Bloom Gardens project
Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7.
The...
DFM to implement buyer cash compensation for settlement
Dubai Financial Market (DFM) announced that it will implement the new procedures of Buyer Cash Settlement for trades as of May 5th 2013 onwards,...
DAMAC planing IPO
Damac Properties is planing to launch an initial public offering (IPO) of its shares.
The listing on the Dubai Financial Market (DFM) will be executed...
Dubai Gold & Commodities Exchange Weekly Market Commentary
The Weekly Market Commentary from DGCX is providing a snapshot of what’s happening in the energy, precious metal and currency futures markets.
In the final...
Mubasher’s GCC clients enabled to buy shares before IPO launches
Mubasher offers Middle Eastern investors an exciting new gateway to access shares of fast-growing companies before they go public
Mubasher Financial Services (MFS), one of...
UAE stock markets led regional growth in 2012
The Dubai Financial Market (DFM) was the star performer in the GCC stock markets indexes in 2012, advancing 20%, according to the annual report...
Emirates NBD opens first Business Banking Centre in Sharjah
Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...
Markets tumble; Spot the buying opportunities!
Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...
Small business finance in the search of innovative solutions
Alternative Financing - the small business finance alternative during economic uncertainty
As a consequence of the distressed and even recovering economy, few commercial lenders are...