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Rising investor demand for growth stimulus

Fund Manager Survey Finds Rising Investor Demand for Growth Stimulus Expectations Grow of Further ECB Easing by Year-end A growing majority of global investors would like...

New electronic system for tenders launched

DoF starts publishing its tenders electronically The Department of Finance  recently completed a project to operate electronic tendering systems and electronic registration of suppliers and...

Damas to delist from Nasdaq Dubai June 12th

Damas International announced that it will delist shares from Nasdaq Dubai as of June 12th, on the back of the joint bid submitted by...

Hedge funds trade in narrow range in April

HFRI April decline pares YTD gains to +4.4 percent Relative Value Arbitrage posts fifth consecutive monthly gain Hedge funds posted a narrow decline to begin 2Q12,...

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...

Bulgaria debuts at Global Investment Forum in Dubai

Bulgaria took part for the first time in one of the largest global forums focused on foreign investments and emerging markets in Dubai and...

Emaar Properties Q1 2012 net operating profit up 44%

Revenue of malls and hospitality increased by 25%; account for 58% of the company’s total revenue Unveils ‘Dubai Modern Art Museum & Opera House District’...

Dubai to launch sovereign bond of up to $1.5 billion

Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion. The bond may be launched  this week, two sources...

First Financial Services Association to be established in UAE

A group of leading financial institutions in the United Arab Emirates have established the Financial Services Association (UAE), the first of its kind; a...

Regulatory uncertainty tops organizational risks for senior executives

Large institutions may suffer hit to normalized earnings as a result of re-regulation Deloitte identifies five key industry drivers to impact global financial institutions For the...

Fresh EU concerns prompt move to ‘Risk Off’

Growth Expectations Ease While Prospects of QE Return Investors have scaled back both risk-taking and their expectations for global growth after concerns about European Union...

DFM Annual Stock Game inaugurated

Dubai Financial Market (DFM) has announced the inauguration of the 10th Annual Stock Game, the most popular educational initiative amongst school and university students...

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...

DGCX to list Copper Futures for Trading

The Dubai Gold and Commodities Exchange (DGCX) will formally launch trading of Copper Futures on Friday, 20th April Copper is the third most widely used...

Hedge Funds conclude strong Q1

Gains across Equity, Event & Arbitrage strategies offset Macro declines in March; HFRI Fund Weighted Composite concludes best 1Q since 2006 Hedge funds performance was essentially unchanged...

MasterCard, Visa warn of credit card data breach

"Massive" breach may affect more than 10 million credit card holders Credit cards compromised between January 21, 2012 and February 25, 2012 MasterCard and Visa said...

Fresh IPO concepts to hit Financial Markets

Goldman Sachs gave equities a ringing endorsement, saying the asset class is poised to deliver better returns than bonds over the next few years....

Investors bullish about prospects for global growth

BofA Merrill Lynch Fund Manager Survey Finds Investors Displaying Growing Conviction in Growth Portfolio managers indicate that QE era is coming to an end Investors are increasingly...