Abu Dhabi to dual list its bonds on ADX
The Department of Finance announced it will be registering Abu Dhabi’s bonds for secondary listing on the Abu Dhabi Securities Exchange.
Silver demand in fabrication to grow 3.9% in 2013, research says
The silver demand in fabrication is expected to grow 3.9% year-on-year in 2013, boosted by increasing demand from industrial applications, jewelry, silverware and coins...
GCC investors expected to adopt a cautious approach
·GCC markets remained bullish in October
·Global markets extend its rally in October; QE program in focus
·Combined market capitalization increases 1.4%MoM in October
GCC markets extend...
A Record Of 2,170 Billionaires Worldwide Registered
Wealth-X and UBS Billionaire Census 2013 shows Asia as fastest growing region with 18 new billionaires in 2013
UAE Central Bank caps mortgage lending
Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.
Gold prices strengthen on rising demand
Last Friday, gold futures closed higher, posting a gain of almost 3% on weekly basis. A fall in U.S. consumer sentiment helped lift the...
Middle East investment banking fees up 22%
Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.
Gold and silver back in vogue
Last Friday, gold for December delivery fell $8.40, or 0.6%, to settle at $1,314.60 an ounce on the Comex division of the New York...
Investors Concerned That Global Economic Recovery Could Falter
Risk associated with the U.S. economy has escalated, though sentiment towards Europe has improved
Why Now Is Not The Right Time To Invest
Failure by the world’s largest borrower to pay its debt will devastate stock markets across the globe.
UAE bourse merger gathers steam as advisers hired
Abu Dhabi and Dubai have hired banks to advise on a possible merger of their two main stock exchanges, a state-backed deal that could...
Dubai Financial Market performance in September 2013
The Dubai Financial Market General Index up 9.5% to 2762.5 points at the end of September compared to 2523.1points at the end of August.
At...
UAE Central Bank kicks off Direct Debit System
Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...
Risk return would aid gold prices spike
Asian and European markets are on the decline on Monday in response to a negative news flow from across the continents.
The US House of...
First Global Sovereign Asset Management Study
An in-depth report which offers insight into the complex investment behaviour of sovereign investors across the globe
Financial incentive offered to mid-range hotel developers in Dubai
H.E. Helal Saeed Almarri of DTCM announces Municipality Fee waiver for three and four star hotel developments at Day 2 of The Hotel Show
Helal...
Dubai shares surge to 5-year high on heavy buying
Dubai shares rose to their highest level in almost five years on Sunday. Retail investors bought heavily into small-caps ahead of the third-quarter earnings...
Gold prices are forecast to rise next week
Gold prices closed with a more than 1% gain last Friday. Gold for December delivery rose $15.10, or 1.1%, to settle at $1,339.20 an...