Foreign investors purchase AED 1.117 billion worth of shares on DFM...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...
DFM posts third quarter loss of Dhs9.28m
The Dubai Financial Market (DFM) Company announced today its financial results for the first nine months of 2011 ending September 30th, with a 90%...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...
Middle East Insurance Summit Sees Growth Potential of up to 400%...
Debo Ajayi: “Summit will encourage debate and dialogue, stimulating innovation and regional products to realise huge untapped market potentialâ€
Summit runs from 11 to 15...
Emaar extends the time for mortgage repayments
Customers of Emaar Properties have been given a breather in terms of extending the time for repayment of mortgages, a senior official of the...
Aabar’s board recommends $1.97b bond issuance
The board of directors of Aabar Investments has recommended to seek shareholders' approval for the issuance of convertible bonds of as much as $1.97...
CFA Institute drives international financial standards; Registration increase 131 %
CFA Institute, the global association of investment professionals, announced today that over 900 candidates registered for its June 2011 examinations from across the GCC,...
UAE bolsters Islamic Financial products to Australia thru second leg of...
The UAE is strengthening the exports of Islamic financial products and services to Australia through the second Islamic Financial Services Trade...
Abu Dhabi Finance opens Al Ain service centre
Abu Dhabi Finance, has launched its first service centre in Al Ain, the Emirate's second city. The service centre was officially opened with...
DFMGI closed the week in the red
Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend.
The gauge inched down 0.73%, or 11.69 pts,...
MENA IPOs raised approximately US$2b in 2012
Three IPOs raised approximately US$339.8m in Q4 2012
MENA IPOs in 2012 up 134% compared to 2011
KSA’s Dallah Healthcare Holding Company lists on the Saudi...
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...
Bloomberg Tradebook launches independent research initiatives
Bloomberg Tradebook, a leading global agency broker, today announced innovations in research access, transparency and service and an expanded team of independent research providers...
With $400 billion ‘in play’, hedge funds face challenges
The hedge funds industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail,...
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...
Why you should ignore the “slowdown” in emerging markets
Despite a most recent slowdown, emerging markets would continue to hold great potential for investors. Didier Saint Georges of Carmignac Gestion, one of the...
Dubai Ruler’s media office denied earlier report for debt arrangements
Dubai denied on Sunday an earlier Dow Jones report that it is mulling a two-part deal, including one that may repay lenders 60 percent...
Emirates NBD launches online customer care platform
Provides dedicated webpage on bank website to channel customer feedback and enquiries
New service to expedite review...