Abu Dhabi Launches E-Mortgage Services
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM) cum Chairman of the Technology Committee at the Department of Urban...
Bulgaria debuts at Global Investment Forum in Dubai
Bulgaria took part for the first time in one of the largest global forums focused on foreign investments and emerging markets in Dubai and...
Who’s Been Bidding Gold Higher?
A unique, innovative tool for seeing just what private investors are doing in gold...
Gold was up, up and away in September. But who was...
UAE banks have no exposure to Lehman’s fall-out
The UAE banks have virtually no exposure to Lehman Brothers and that there was no systemic risk in the UAE as a result of...
World’s oldest insurance rating company sets up office in DIFC
A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....
Investment funds switch out of Africa into MENA
According to BofA's investment funds flows positioning recent research, the MENA region now tempts GEM funds from Africa. However, the UAE surge was missed...
Al Rajhi Capital and Arcapita announce launch of USD500 million Real...
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank B.S.C.(c), an international investment firm headquartered...
Aldar Investments to Acquire Full Ownership of Etihad Plaza, Etihad Airways...
Aldar Investment Properties LLC (“Aldar Investments”) is pleased to announce that it has agreed to acquire full ownership of Etihad Plaza and Etihad Airways...
MoF to establish Organization for Recording Capital Asset Mortgages
Ministry of Finance is studying possibility of setting up an organization to keep records of mortgages of capital assets to ensure funding for national small and medium enterprises.
First Gulf Bank Q3 Net Profit rises 8%
Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...
Emirates NBD ranked largest bank in Middle East by Global Finance
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In a clear sign of its dominant market position, Emirates NBD has been ranked the largest bank in the Middle East by Global...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Ethica Institute Makes History at Mashreq Bank
For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...
GCC based investors currently risk averse, with short time horizons for...
Over two thirds (69%) of investors have a time horizon of less than five years for investments made in 2011
One in five stated regional...
Top 8 Financial Mistakes to Avoid
Are you spending too much? A weekly trip to the mall, gifts for the kids with or without occasion, using your credit card for...
National Bank of Abu Dhabi launched a $5 billion euro medium...
National Bank of Abu Dhabi (NBAD) launched a $5 billion euro medium term note programme (EMTN).
NBAD is the second largest bank in the...
Emirates Development Bank estblished with a Federal Law
Possessing a capital of AED 10 billion, the EDB will aid in promoting economic growth for the UAE HE Al Tayer said
HE Obaid Humaid...
Strong activity in EMEA Hotel Investment Market
The EMEA hotel investment market has demonstrated strong growth in the first three quarters of 2010, reaching €3.97 billion. Investment volumes across EMEA now...