Regional markets likely to remain range bound due to lack of...
Global markets continued the positive momentum during the month of February. Better than expected economic data from China, benign US inflation and optimism over...
Foreign investors net DFM buyers by AED 16.29 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
Federal Ministries begin implementing the G2 E-Dirham System
Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...
Fund manager survey shows growing belief in Global economy despite slump...
The global economic outlook remains positive in spite of a sharp deterioration in investor sentiment towards and within Europe, according to the BofA Merrill...
Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...
· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange
· Ceremony reinforces Dubai’s...
Private Equity Focus Shifts From Emerging Markets
Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...
Rosy perspectives for mortgage providers in Dubai
Mortgage providers in Dubai introduce higher quality products
Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...
Optimism about gold market remains strong
Retail investors and market professionals have been bullish lately. Gold prices have managed to bounce off of fresh five and-a-half year lows earlier last...
A Campaign To Encourage Personal Saving Launched in Dubai
National Bonds, a leading UAE investment company, has launched a nationwide campaign to encourage UAE residents to identify personal challenges to saving in a...
Dubai Gold and Commodities Exchange to launch Sensex futures
Indians living in the Gulf will soon be able to trade the BSE Sensex on the UAE's Dubai Gold and Commodities Exchange, which became...
JLL’s Report Reveals New Opportunities for Investment in Healthcare
With the current shortage of hospitals, clinics and other healthcare facilities, an ageing population and the rise of medical tourism, there is a pressing...
Real Capital Analytics Property Investment Trend Data on Bloomberg
Commercial real estate research firm Real Capital Analytics (“RCAâ€) announced that its domestic and international property transaction data is now on the Bloomberg Professional®...
Why jewelry buyers now shy from gold?
Jewelries have been made of gold and silver for thousands of years and these are the presious metals most favored by buyers who insist on both...
VAT in GCC: Are Your Accounting Systems Ready?
Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices.
The law, which comes into...
Allianz Global Wealth Report 2024: Surprising Relief
Surprising relief: Global financial assets of private households increased by 7.6% in 2023, more than making up for the losses of the previous year
No...
UAE looks forward to direct debiting
According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...
Equity Markets to Witness Increased Volatility due to Uncertainty over Economic...
Global equity markets closed higher during the week amid hopes of another relief stimulus deal from the Congress. The markets clearly ignored the uncertainties...