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...
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...