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CEO Transitions – a risky business when comes to shareholder value

Study Challenges Perceptions of CEO Transitions and the Risk to Enterprise Value

Has The Stock Market bottomed out?

Definitely, this is a ''Big Question'' and if you know the answer, you may be well ahead of the game. Investors and analysts alike are...

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%...

MENA Corp opens new branch in Dubai

Amid industry players’ shutdowns, MENA CORP eyes expansions in local market Premier financial services group MENA CORP is pleased to announce it defied a trend...

First Gulf Bank Q3 Net Profit rises 8%

Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...

Frontier Markets No Riskier than Emerging Markets

Some of the world's most rapidly expanding economies fall into what is popularly referred to as the Frontier markets.

Fund Manager Survey finds Sovereign Debt Fears easing as Investors anticipate...

Global investors appear to be coming to terms with the prospect of a default by the Greek government, according to the BofA Merrill Lynch...

Emirates Development Bank estblished with a Federal Law

Possessing a capital of AED 10 billion, the EDB will aid in promoting economic growth for the UAE HE Al Tayer said HE Obaid Humaid...

Cancer Cover Insurance for Women by Takaful

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...

MENA Corp and ZagTrader launch new Online Trading Platform

Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...

Central Bank of UAE launches International Bank Account Number

The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...

United Arab Bank Financial Results for firts nine months of 2011

Operating Profit up by 20% to AED 281 million Loans and advances up 38% to AED 7.6 billion Customer deposits up 39% to AED 6.7 billion Net...

MENA IPOs raise US$218.9 Mn in Q3’11, up by 23.6%

MENA IPO Update, regional capital markets raised US$218.9 million in the third quarter of 2011, up by 23.6% from the US$177.04 million raised during the same period in 2010

Asia-Pacific’s HNWI Population exceeds Europe’s for First Time

Wealth Management Firms Need to Offer Capabilities from Other Business Units to Meet Demands of Asia-Pacific HNWIs Asia-Pacific’s population of high net worth individuals (HNWIs1) grew...

Commercial Bank of Dubai to provide Factoring Services to corporate and...

Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...

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...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Corporate Fraud and Bribery Briefings

Ernst & Young has organized Corporate Fraud & Bribery Update briefings in Abu Dhabi and Dubai, attended by senior corporate officers. The briefings aimed...