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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...

Pros and cons of investing in real estate, stock market

Nowadays investing in the stock market is a very popular topic. There are a lot of questions that a beginner investor may ask -...

How to avoid mortgage problems

Nowadays banks in Dubai and Abu Dhabi are getting more and more cautious about home mortgage loans. Even consumers with good credit and plenty...

Leading Dubai-based conglomerate to launch an IPO

Dubai-based conglomerate Al Habtoor Group is considering to launch an IPO (initial public offering) in Dubai given strengthening equity markets, the company said in a...

Investors see potential in organic farming

Large-scale changes in the so-called food system cannot happen without the help of big investors. Even though most of them prefer to take short-term,...

Gold coins or faceless money (Part Two)

Just what do those bridges and windows on Euro banknotes mean...? So in trying to match ancient Rome's monetary reach, the Euro is running pretty...

Dubai Gold and Commodities Exchange names Non-Executive Director

Abdul Wahid Al Ulama named Non-Executive Director of DGCX The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Abdul Wahid Al Ulama...

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...

UAE community’s personal banking and lifestyle habits

Positive feelings towards personal banking over the internet; overwhelming majority keep their personal finances up-to date-and ladies taking the lead in controlling the purse...

Rosy perspectives for mortgage providers in Dubai

Mortgage providers in Dubai introduce higher quality products Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...

Facebook stock falls nearly 47% below IPO price

Facebook stock fell to a new low Thursday after the expiration of a ban that had stopped some investors and insiders from dumping millions...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

Newcomers to UAE can now benefit from consumer finance products

Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking Focus on customers with less than six month stay in...

NASDAQ Dubai amends business rules rulebooks

NASDAQ Dubai members and market participants are hereby notified that the DFSA has granted approval of amendments to the NASDAQ Dubai Business Rules, Rulebook...

Small business finance in the search of innovative solutions

Alternative Financing - the small business finance alternative during economic uncertainty As a consequence of the distressed and even recovering economy, few commercial lenders are...

Leading American bank sells international wealth management business to Swiss private...

International Wealth Management Businesses outside the United States to be Sold to Julius Baer Group Bank of America Corporation announced today that it has agreed...

UAE’s financial markets to close for Eid Al Fitr holiday

The Eid Al Fitr holiday for the financial markets will start on Friday, August 17 ( corresponding to 29 Ramadan) and will run until...

Emirates Green Building Council’s to develop green financing scheme

Joins hands with Dubai Carbon Centre for Excellence to address challenges of funding green retrofit projects Emirates Green Building Council (EmiratesGBC), an independent forum aimed...