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Dubai Gold and Commodities Exchange plans derivatives trading

Dubai DGCX plans to offer Sensex Futures "very soon" As part of its expansion plans, the Dubai Gold and Commodities Exchange, DGCX, plans to...

DGCX to enhance its trading and clearing platform

New platform to provide superior transaction speed, increased reliability and scalability Enhancements designed to attract new institutional, retail and high frequency traders Platform scheduled to go...

Know your ETF risk

ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...

Correlation between UAE’s and global equity markets remains positive

Average correlation of  Abu Dhabi and Dubai markets with the global markets remains positive during the years of a financial downturn. The UAE equity markets...

Hedge Funds Launches Accelerate

Liquidations also increase to two-year high through European market turmoil Opportunities for industry service providers continue to evolve New hedge funds launches in 1Q12 increased to...

‘Best Home Finance Company’ at Banker Middle East Industry Awards

Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...

Economic uncertainties fade, data drives global markets

Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies Euro strengthens to two-week high after Spain seeks bailout fund The...

Investment sentiment for hotel assets strengthens across EMEA

According to Jones Lang LaSalle Hotels’ latest Hotel Investor Sentiment Survey, investment sentiment for hotel assets has strengthened across EMEA with yield and IRR...

Best Corporate Card for businesses

Emirates NBD wins award for ‘Best Corporate Card’ at Smart Card Awards Middle East Awarded for distinctive expense management features, and control and savings capability First...

Banks offer free air tickets with personal loans

Applies to customers availing personal finance of AED 75,000 and above Includes instalment deferment of up to 60 days, free credit life Takaful insurance and...

Dubai Gold and Commodities Exchange extends trading hours

Exchange will open 30 minutes before Indian exchange traded currency derivatives markets DGCX participants will have 30 minutes of trading time overlap with the Asian...

Take a new look at venture capital

Venture capital is just hitting its stride The venture capital model is not dead, but it has changed during the past years. In 2009, Silicon...

Islamic comprehensive motor insurance launched

Starting from 2.6 % of the vehicle's value A new tempting promotion on motor comprehensive insurance by Methaq In the framework of the persistent initiatives of...

Asset management crucial for Middle East governments

Mature asset management models have already been developed Fueled by strong economic expansion, infrastructure sector in the Middle East is rapidly growing in size,...

Opportunity for financial service providers: Reverse Mortgage

A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential in the Middle East, is the Reverse...

Uncertainty drives US Dollar higher

Situation in the US remains relatively better than the European Markets continue to show deep concerns over a potential shock from Greece exiting the Euro...

Gold, Rupee trading drives DGCX daily volumes record

Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion Driven by an increase in Indian Rupee and Gold futures trading, the...

Facebook IPO live, traded at $42.05 up over 10%

Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade was expected at US $42, with 65 million shares...