UAE bourse emerges star Arab performer
The UAE bourses emerged as the star performers in the Arab world in the first few weeks of 2013, with the markets of Abu...
Big Money Managers See Silver Price Higher
During the past week, price of silver dropped by 0.6%, from $28.76 to $28.58 per ounce. The white metal trades 5.8% lower in 2013....
Major Financial Entities Remain Bullish on Gold
Morgan Stanley, UBS and BofA see higher gold prices later in 2013
Over the past few months, the economic environment influenced gold prices in...
GCC Markets Performance in February 2013
GCC were unstable in February; TASI consolidated under 7,000
Highest MoM gains belongs to Abu Dhabi and Kuwait
Trading activity withdraws on MoM basis
Activity of IPO...
Dubai Financial Market Performance in February 2013
The Dubai Financial Market General Index rose 2.1% to 1927.1 points at the end of February compared to 1887.6 points at the end of...
HSBC upgraded its 2013 silver price forecast
The latest silver price forecast update of HSBC demonstrates positive expectations. The bank raised its forecasts for silver prices in 2013 and 2014. The...
Abu Dhabi Stock Exchange to List Private Firms
The Abu Dhabi stock exchange is looking to list some of the emirate’s large private companies to help boost liquidity on the bourse and...
Goldman Sachs cuts gold price forecast for 2013
Goldman Sachs cut its gold price forecast for this year, saying while the latest sell-off is "likely excessive," it has "exposed a quickly waning...
Women are an Underserved Market for Mobile Financial Services
A study released today by the GSMA mWomen Programme and Visa Inc. entitled, Unlocking the Potential: Women and Mobile Financial Services in Emerging Markets,...
Apple Investors Anticipate A New Product As iWatch Details Emerge
Apple Inc. investors are not happy with the tech giant's slow rate of growth during the past six months. That was proved by the...
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...
UAE Stock Markets on a Bullish Run
Since the beginning of 2013 most of the stocks listed on the both UAE stock markets rose. In respect, investors confidence has grown. Now,...
Dubai Financial Market Returns to Profit in 2012
Dubai Financial Market (DFM) returned to the black in 2012 due to the constant improvement in the performance of the banking sector and recovery...
People in UAE can now pay Zakat and alms fees through...
In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...
Portable pensions remain best for expats as UAE unveils pension scheme
Chris Ferguson, Managing Director, Guardian Life Management (Dubai), says portable pensions remain the best bet for expats as the UAE unveils its own pension...
Investors believe global economy will strengthen further in 2013
BofA Merrill Lynch Fund Manager Survey Finds Strong Investor Sentiment Consolidating While Equity Valuations Retain Support
Confidence in a strong global economic outlook has consolidated...
Middle Eastern countries gold reserves not affected by inflation hedge worries
According to Dubai International Financial Centre Authority, Middle Eastern countries should expand their gold reserves holdings. That is expected to shield their assets in...
Goldman Sachs cuts recommendation on global equities to ‘neutral’
Goldman Sachs has grown cautious on global equities in the near term. Last week, the investment bank cut its recommendation on equities investments to...