Dubai Mercantile Exchange announces new trading records
February sees highest monthly trading, best average daily volume and busiest day in exchange’s history
The Dubai Mercantile Exchange (DME), the leading energy futures exchange...
Middle East CFO Optimism at two year low in Q4 of...
Global CFO optimism is wavering, according to a recent study by Deloitte entitled ‘Q4 2011 Global CFO Signals Report’. Conducted on a semi-annual basis...
Sovereign Financial Institutions taxation discussed in Abu Dhabi
Numbers of Sovereign Financial Institutions increased to as many as 40 worldwide since 1950s
Sovereign Financial Institutions potential growth expected to range between US$6 and...
Dubai Financial Market records net profit of AED 8 Million in...
Dubai Financial Market (PJSC) today announced its results for the financial year ending 31st December 2011. The company recorded a net profit of AED...
Big Money Mystery: Billionaire dines with top notch financer
Billionaire Khalaf Al Habtoor, Chairman of Al Habtoor Group, met with Steve Schwarzman, Chairman and CEO of Blackstone Group, on February 21, 2012.
The two...
Dubai Mercantile Exchange gets support from existing Investors
Global derivatives marketplace CME Group and Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman, will increase their investments in the...
UAE ranked second top frontier market on Bloomberg Markets
According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second...
World’s oldest insurance rating company sets up office in DIFC
A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....
Trade Gold in Electronic Form from Dubai, UAE
Enables customers to buy gold in electronic form
Operates like foreign currency account designated with XAU currency code
Focus on Emirates NBD customers with existing current...
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...
UAE to establish Institution for Registration of Mortgage Capital Assets
Proposal for a new law regarding guaranteed mortgage transactions
Establishment of electronic guarantees record; creating awareness; providing training sessions
In line with its commitment to promote...
Investors positioned for further risk rally
Investors positioned for further risk rally
Investors are positioned for a continuation of the recent risk rally. Latest BofA Merrill Lynch Global Research report found...
Hedge Funds begin 2012 with strong gains
Emerging Markets gain +5.3 percent, leading broad-based advance
Hedge funds opened 2012 by posting broad-based gains in January, with the HFRI Fund Weighted Composite Index...
Asian Hedge Funds top Equity Markets again in 2011
Asian hedge funds outperformed volatile regional equity markets in 2011, marking the second consecutive year of such outperformance, according to data released today by HFR
Ministry of Finance meets training centres for employee development
Ministry of Finance held annual meeting with a number of development and training centres, to better familiarize itself with different training partners
2011 MENA M&A deal volumes up by 4%; values decrease by...
Total Mergers & Acquisitions (M&A) deal volumes in the Middle East and North Africa (MENA) region registered a rise of 4% last year, from 401 in 2010 to 416 in 2011
Dubai FDI brings in AED3.44 billion, 77 companies in 2011
Dubai FDI, the foreign investment office in the Department of Economic Development in Dubai, succeeded in attracting and promoting 77 companies in the emirate during 2011.
Top tips for making most of your money abroad
Here we look at the top tips for making the most of your money when moving abroad: Savings, Taxes, Pensions, Medical insurance, Financial Planning