Fund Manager Survey finds investors less positive
Global investors are moderating their earlier exuberance in the face of somewhat lower conviction over global growth, though they remain positive towards equity markets...
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...
SCA to issue new regulations to enhance stock markets
The 5th Annual Conference of the UAE Securities and Commodities Authority (ESCA) was held here in Dubai under the auspices of Engineer Sultan bin...
UAE Equity Markets Advance on Foreign Investments Comeback
The UAE equity markets have been shown interesting activities recently. The prior market expectations were quite bearish. Projections pointed to a corrective index wave...
UAE Central Bank to introduce the Direct Debit System
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System' in the UAE with effect from 15th June 2013, according...
GCC Markets Performance in March 2013
· All GCC markets, except the UAE, ended in the green
· Kuwait led the rally, with a 4.0%MoM gain, followed by Saudi Arabia
· Trading...
DGCX First Quarter Volumes Up 112%
Exchange trades 3,281,234 contracts in the first quarter
March volumes total 1,072,052, a 95% rise from 2012
Indian Rupee futures grows 104% year-on-year
March volumes on the...
Societe Generale marks the end of gold era with a forecast...
Societe Generale came up with a new 27-paged special analysis report on gold prices. The titled of the analysis is called "The End Of...
DAMAC plans IPO
DAMAC Properties is considering launching an initial public offering(IPO) on the stock market. The Dubai privately-owned developer has approached banks including HSBC, Deutsche Bank,...
UAE is the Biggest Gulf Exporter of Capital
The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...
Middle East banking industry registered 6.9% increase in 2012, says study
According to a new study by The Boston Consulting Group (BCG), the banking industry in the Middle East settled at single digit revenue growth...
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,...
One More Bank Cuts Gold Price Forecast
On Wednesday, Societe Generale revised on the downside its 2013 gold price forecast and respectively silver among precious metals. Among the base metals, the...
Sheikh Ahmed Bin Saeed Rings the Bell for Emirates Sukuk Listing...
His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group today rang the opening bell at Dubai Financial...
Top 10 Diamond Mining Companies for 2012
1. Russia: Mirna Mine
Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...
Mohammed Bin Rashid Fund launches two programs to inspire new business...
AED 250,000 in Seed fund and credit guarantee on up to AED 3 million on offer for Emirati entrepreneurs
The Mohammed Bin Rashid Fund (MBRF)...
BofA revised its gold price forecast for 2013 and 2014
Bank of America Merrill Lynch cut down its gold price forecast for 2013 and 2014. The outlook update was on the back of US...