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...
Next-generation mobile payment solution launched in UAE
Emirates NBD, Etisalat and Visa launch next-generation mobile payments solution - MoneyMobile
Development of contactless payments using Visa payWave via mobile device
NFC mobile payments solution...
FTSE NASDAQ Dubai UAE 20 Index rises 23% on higher share
The FTSE NASDAQ Dubai UAE 20 share index extended its run of recent gains last week to close 23.3% higher than at the end...
UAE bank deposits top a trillion
The UAE's Central Bank announced that total bank deposits in the country increased by 1.5 percent during the month of December 2011 to close...
Money supply in UAE decreased
The UAE's Central Bank announced that money supply M0 (currency in circulation + currency at banks) decreased by 2.1 percent. from AED 53.2 billion...
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...