DIFX rebranded NASDAQ Dubai
The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai DIFX, effective today.
NASDAQ OMX Group (Nasdaq:NDAQ), the world's largest exchange...
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...
New DIFC governor appointed
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...
Changes in MENA Tax laws promote better transparency
According to a panel discussion at the recently concluded Ernst & Young’s Middle East & North Africa Tax Seminar 2011 held in Houston, Texas,...
Moody’s downgrades Dubai Holding Commercial Operations bonds to B3
Moody's Investors Service has today downgraded to B3 from B2 the notes issued by Dubai Holding Commercial Operations MTN Ltd. under its Medium Term...
DFM lists two Sukuk issues for the Government of Dubai
Dubai Financial Market ( DFM ) announced on Monday the listing of two Sukuk issues for the Government of Dubai with a total value...
Financial Stability Unit established by the Central Bank
According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...
Dubai among best investment destinations worldwide
Dubai is is among the 25 most profitable destinations for hotel investment in 2012. The list was put up together by an international panel...
Main sea freight index up on increased demand for large vessels
Rosier times ahead of shipping stocks
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...
Dubai Financial Market General Index up by 20.5 percent
The Dubai Financial Market General Index increased by 20.5 percent to 1730.4 points at the end of February compared to 1435.7 points at the...
Dubai Investments unveiled mixed-use project Mirdiff Hills
Part developer of some of the most popuÂlar residential communities in town, Dubai Investments has lifted the curtain on Mirdiff Hills, a Dh2 billion...
DMCC successfully redeems US$200 million sukuk
Final US$20 million repayment on five-year Islamic bond made on schedule
Demonstrates underlying financial strength of DMCC
Underscores rapid growth...
DFM registers 6000 Real Time Data and eServices users
Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...
The Offshore Investment Conference returns to Dubai
Following on from the success of last year’s event, The Grosvenor House Hotel, West Marina Beach, Dubai will once again be welcoming many of...
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....
UAE federal Government to move to 3-year budgets
UAE plans a big makeover with regard to its federal budget, like releasing budgets every three years instead of yearly one at present and...
Number One Brokerage Firm in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial group, announced today that ADIB Securities, its brokerage subsidiary, was ranked number one brokerage firm...
Abu Dhabi Finance established
Abu Dhabi's five largest companies: Mubadala Development, Abu Dhabi Commercial Bank, Aldar Properties, Sorouh Real Estate and the Tourism Development and Investment Company, will...