Ernst & Young MENA announces 20 new partners
Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...
CFA Institute announces June 2011 worldwide CFA Exam Results
CFA Institute announced today that 43 percent of 115,027 current and aspiring investment professionals worldwide passed the June 2011 CFA exams, bringing them one...
Emirates NBD wins Marketing Department of the Year at 2011 International...
Also recognised as Distinguished Honoree for “Truth and Reality” Campaign
Highlights achievement of Emirates NBD’s international brand building strategy
Recipients of International Stevie Award trophies were...
UAE to host Exceptional Meeting for Council of Arab Ministers of...
The UAE has announced that it will be hosting the exceptional meeting for the Council of Arab Ministers of Finance in Abu Dhabi on...
UAE’s first gold bullion coin unveiled in Dubai
In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...
Sukuk market for GCC companies continues to expand
According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...
DGCX volumes cross two million mark in 2011
76% increase on YTD volume compared to 2010
The Dubai Gold and Commodities Exchange (DGCX) today announced that its year-to-date (YTD) volumes surpassed the two...
Emirates NBD named Asia’s Best Brand at 2011 CMO Asia Awards
Award recognises mind, market and commitment share of Emirates NBD brand among consumers
Highlights achievement of Emirates NBD’s international expansion strategy
Emirates NBD, a leading bank...
Dubai Mercantile Exchange sets new records in July
The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...
UAE Central Bank will keep Dollar Peg
The United Arab Emirates will keep its dollar peg despite S&P's downgrade of the U.S. economy, according to a central bank official comments to...
Markets tumble; Spot the buying opportunities!
Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...
DGCX volumes crosses 300,000 contracts in July 2011
Highest ever monthly volume since inception, with 310,990 contracts traded
Indian Rupee futures cross one million mark in July
Dubai Gold and Commodities Exchange (DGCX) achieved...
Emirates NBD Asset Management announces dividend
Boards of Jersey-based funds approve formal dividend payout for H1 2011
Stellar performance on income fund suite
Fixed income suite delivers significant capital growth
Emirates NBD Asset...
Financial Health Check program launched during Ramadan in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Bank of Sharjah reports continued growth in first half of 2011
Total assets reach AED 21.3 billion, up from 18.7 billion in first half of 2010
Total deposits stand at AED 15.4 billion, up from AED...
UAE Central Bank Statement on U.S. Public Debt
"Due to the controversy at the legislative authorities in the US, around the public debt of the US Government, we have received some questions...
DFM records AED 14.71m net profits in Q2, 2011
Dubai Financial Market Company (PJSC) recorded a net profit of AED 14.71 million in the second quarter of the year ending June 30th, 2011,...