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Abu Dhabi long term ratings Aa2, Moody’s

Moody's Investors Service's has detailed its summary credit opinion on Abu Dhabi, which includes certain regulatory disclosures regarding its ratings.

Dubai to host two-day global summit of investment promotion agencies

Under the directives and patronage of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai...

Gold coins or faceless money

What the history of ancient gold coins says about Europe's kingless, faceless money today... So when Vespasian was proclaimed Emperor by the legions in...

DGCX 2012 Volumes Reach All-Time High of 9.6 Million Contracts

2012 volumes rise 137% from 2011 to trade 9,601,553 contracts Currency futures volumes reach 8,880,403 contracts, up by 149% Gold Futures rise 42% from last year...

DIFC launches real estate investment fund

DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), said it is launching a real estate fund that will invest in...

Emaar seeks $800 mln loan guaranteed with shopping malls

Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...

UBS appoints Ali Janoudi to Middle East and North African role

UBS today announces the appointment of Ali Janoudi, who will be responsible for the Saudi Arabia and Near East/Northern Africa Wealth Management business in...

Emirates NBD Asset Management Money Market Fund breaks US100 million

Emirates NBD Asset Management announced that its Emirates Islamic Money Market Fund attracted more than US100 million from investors 18 months since launch.

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...

Emirates NBD opens branch at The Residences

Conveniently located branch serves residents, visitors to Downtown Dubai, Dubai Mall, Burj Khalifa Second Emirates NBD branch to open in 2010 Emirates NBD, the largest banking...

Latest Investment Trends for GCC Residents

Investors in the GCC - not a homogenous entity and there is a need to tailor products to their investor segment Life wrappers - preferred...

Emirates Islamic Bank integrates Emcredit services to efficiently manage risk

1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency 2. Joins Emcredit’s growing member base In a...

Central Bank backs banks operating in UAE

Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country. Central Bank...

2013 outlook for MENA markets cautiously optimistic

Investor confidence returns as real estate market slightly rebounds and tourism booms Institutional volumes grow, with Mubasher posting Year-on-Year volume growth of 56% (UAE), 47%...

Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...

Firm to Significantly Grow Corporate Banking Platform around the World Bank of America Merrill Lynch today announced a series of new hires to its Corporate...

Wealth Management Year ahead 2012, Key Investments

Investors should focus on investments that offer yield, quality and diversification amid expectations that the global economy will avoid recession but experience fragile growth in 2012

Global Islamic banking assets to reach $1.1 Tn in 2012

Global Islamic banking assets with commercial banks to reach $1.1 Tn in 2012, up 33% from US$826 Bn in 2010: Ernst & Young

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...