Ernst & Young Reports 2011 Global Revenues of US$22.9 Billion
Good growth across all service lines
Emerging markets saw combined revenue growth of 20%
Headcount at an all time high of 152,000
Ernst & Young today announced...
Time to Buy, Stock Trader’s Almanac
Stock Trader's Almanac analyses market data from over a half-century to uncover seasonal trends and behaviors, outlining patterns that can improve a market player's chances for success.
The Significance of GCC Sovereign Funds
A fundamental shift in global finance has thrown the GCC countries into full glare of the world spotlight amid surge of GCC sovereign funds.
The...
NASDAQ Dubai amends business rules rulebooks
NASDAQ Dubai members and market participants are hereby notified that the DFSA has granted approval of amendments to the NASDAQ Dubai Business Rules, Rulebook...
DFSA and Nasdaq Dubai announce the transfer of the official list...
The Dubai Financial Services Authority (DFSA) and Nasdaq Dubai announce that with effect from 1 October 2011 the responsibility for maintaining the Official List...
Tanmyah awarded ISO accreditation for quality management
Dubai Islamic Bank subsidiary receives ISO 9001:2008 accreditation
Firm specialises in security, maintenance and labour services
Tanmyah, a leading provider...
Middle East Credit Reporting Association formed
1. Non-profit voluntary organisation to create awareness and promote credit reporting in region
2. Neutral body to facilitate credit information sharing on companies and individuals...
Sovereign Wealth Funds may change direction of investment flows
Restrictions by the United States and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head...
Dubai’s Islamic Financial Services Firms to Support the Development of Islamic...
The second Islamic Financial Services Mission, organised by Dubai Export Development Corporation, ended in a high note with further dialogues already in progress with...
UAE investors are building property into their portfolio
49% of UAE investors expect property to perform strongly over the next five years
Most investors hold a low risk or balanced investment portfolio
27% consider...
Global Recession Roundup
Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...
Bearish Gold Prices Worry Investors
Gold has been on a bullish ride over the past ten years. But this week we saw the commodity falling to its lowest levels...
Istithmar World Investment Management (Dubai) Limited to operate from DIFC as...
To focus on private equity and alternative investment opportunities
Istithmar World, the investment arm of Dubai World, today announced that its investment management entity, Istithmar...
DGCX to list Copper Futures for Trading
The Dubai Gold and Commodities Exchange (DGCX) will formally launch trading of Copper Futures on Friday, 20th April
Copper is the third most widely used...
Emirates Green Building Council’s to develop green financing scheme
Joins hands with Dubai Carbon Centre for Excellence to address challenges of funding green retrofit projects
Emirates Green Building Council (EmiratesGBC), an independent forum aimed...
Protests alter forecasts for premium growth in MENA
The political and social unrest in the Middle East and North Africa (MENA) region will affect the insurance industries of each country to varying degrees
BofA Merrill Lynch Fund Manager Survey Finds Bear Market Sentiment...
Investors have turned bearish in their outlook for the global economy and corporate earnings, according to the BofA Merrill Lynch Survey...
Tamweel reports 2011 net profit of AED 102 million
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the 12 months ending December 31, 2011, demonstrating continued profitability...