Middle East Countries Still a Tax Heaven
UAE is among the world’s tax havens. The local authorities have set not only world’s lowest average tax rates, but also a flexible time...
UAE Central Bank to launch discount window for banks
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...
Dubai Financial Market secures two thirds of Nasdaq Dubai purchase
Dubai Financial Market PJSC paid two thirds of its acquisition of Nasdaq Dubai and transferred 80 million of its shares to NASDAQ OMX Group...
Forbes Middle East: A map for new investments
"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...
DFMGI ended positive amid thin trading
Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to 1559, compared to yesterday’s...
Upcoming corporate earnings announcements will influence regional markets
The global markets continued the positive momentum during the week on the back of optimism over a positive outcome from US-China trade talks. Trade...
Investors Hiking Cash Holdings; Expectations of Fed Hike Put Back to...
Global investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the BofA...
US Dollar Remains Weak despite Dip in Commodity Prices
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...
EU growth concerns send riskier assets tumbling
Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the...
Family Businesses & Succession Planning in GCC Countries
As the GCC economy slows down due to declining oil prices, an important question presents itself: Where is the GCC money going?
Even though there...
Emcredit to release credit-related economic indicators
1. Research reports valuable for business decisions, monitoring trends and economic policy making
2. First report to highlight trends in UAE business activity in 2009
3....
DGCX launches Middle East’s First Derivatives Trading Academy
Exchange seeks to extend benefits of derivatives trading to wider business community
DGCX Academy to offer broad range of educational programmes
Dubai Gold and Commodities Exchange...
ADX, Nasdaq Dubai Sign Index License Agreement
Abu Dhabi Securities Exchange, ADX, and Nasdaq Dubai have signed an agreement to develop and launch an Index Futures contract based on the Abu...
Cryptocurrencies, Blockchain Are a Rerun of The Dotcom Mania
A new Technology Quarterly report from The Economist published in the September edition examines blockchain and cryptocurrencies. Tim Cross, The Economist’s science correspondent, takes...
FAB Launches AI Analytics Portal for Merchants in Partnership with Al-Futtaim
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new portal...
Silver demand in fabrication to grow 3.9% in 2013, research says
The silver demand in fabrication is expected to grow 3.9% year-on-year in 2013, boosted by increasing demand from industrial applications, jewelry, silverware and coins...
UAE amends terms for key lending facility
The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...
Double taxation agreement between UAE and Saudi Arabia comes into effect
The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries
It...