Interest-free housing loan for UAE Nationals
Mohammed Bin Rashid Housing Establishment (MRHE) and Emirates NBD, the leading bank in the region, signed an agreement today, to support the funding of...
Deflating news for men: Women Better Investors
A new study by Barclays Capital and Ledbury Research found that women were more likely to make money as investors in the financial markets,...
Facebook preparing for an IPO
Facebook is preparing for an IPO that is expected to surpass $100 billion, according to a new report.
If the forthcoming initial public offering surpasses...
Dubai Government promotes bond among international investors
The Government of Dubai, acting through the Department of Finance, today announced a series of meetings with potential investors on a benchmark US$ Reg...
Individual investors increase share of equities trading to 11.6% in May...
Individual investors on Nasdaq Dubai increased their share of equities traded value on the exchange to 11.6% in May 2011, up from 8.9% in...
HSBC eases requirements for Home Loans in Dubai
HSBC Holdings is making it easier for home buyers to get home loans in Dubai, as one of the real estate market shows signs of improvement.
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,...
Declining trading volumes may not be bearish
Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...
Financial personalities of the wealthy in the Middle East
New report provides in-depth global analysis into financial personalities of the wealthy in the Middle East
Report reveals link between the use of financial...
Merrill Lynch Wealth Management strengthens Middle East team
Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
UAE Banking Sector grew 66 percent in Q1 of 2011
In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...
‘Best Fund Management Company’ at Arab Achievement Awards 2011
Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...
Gold Bulls on the rise, Goldman
The proportion of Middle East based investors interested in gold appears to be increasing substantially, according to Goldman Sachs Asset Management Chairman Jim O'Neill.
O’Neill,...
DFM adds 1.58%
Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, to 1559.92, its highest level this...
DFMGI dropped 0.63%
Dubai Financial Market General Index (DFMGI) snapped a two-session upturn, dropping 0.63%, or 9.75 points, to 1535.67. The benchmark hit its highest and lowest...
UAE Central Bank’s governor calls for reduced interest rates on loans
Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...
DFMGI maintains uptrend
Dubai Financial Market General Index (DFMGI) maintained Thursday’s uptrend, rising 0.72%, or 11.07 points, to 1545.42. The benchmark hit its highest and lowest levels...