Gold, Rupee trading drives DGCX daily volumes record
Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion
Driven by an increase in Indian Rupee and Gold futures trading, the...
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...
DFM Company net profit surges 140% during the first half of...
Dubai Financial Market Company (PJSC) announced its financial results for the first half of the year ending June 30th 2012, recording a net profit...
Emirates Investment Summit ‘Investopia’ to Link Economy of the Present to...
Inaugural edition of the Summit falls under the ‘Projects of the 50’
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, announced that the...
UAE Private Wealth Continues to Soar Amidst Global Decline
Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group...
Emaar Properties Convertible Notes Placing Receives Overwhelming Investor Demand Globally
On 29 September, 2010 Emaar Properties PJSC (“Emaar†or “the Companyâ€) announced the placement and final terms of its offering of US$450 million of...
Federal credit bureau significant step for UAE economy, says DED
The Dubai Department of Economic Development (DED), hailed today the UAE Ministry of Finance’s (MoF) study for creating a federal credit bureau as a...
Private Equities in 2012
Despite a short-term caution, equities on a 2-3 year view look persuasive. Investors enter 2012 in a fearful state, but any sharp falls in equities in 2012 it is doubtful.
New Capital Protected Gold Notes and Mutual Fund Investment Combinations
Abu Dhabi Islamic Bank’s (ADIB) announced the launch of its Capital Protected Gold Notes that can be combined with a selection of mutual funds.
Hedge Funds Launches Accelerate
Liquidations also increase to two-year high through European market turmoil
Opportunities for industry service providers continue to evolve
New hedge funds launches in 1Q12 increased to...
Foreign investors purchase AED 1.392 billion worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 689.4 million during last week, and value of shares sold reached AED 1.135 billion
Dubai Financial...
Bitcoin Crosses $41,000 Mark – Industry Reacts
Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...
Growth and Profitability Fears after Oil Price Spike
Following the recent oil price spike, investors fear for corporate profitability and global growth, according to the BofA Merrill Lynch Survey of Fund Managers...
UAE is the Biggest Gulf Exporter of Capital
The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...
UAE plans to sell federal bonds to help fund budgetary spending...
The UAE Federal National Council has approved the planned public debt law at its meeting on Tuesday, the governmental body announced.
The law is a...
FAB Launches AI Analytics Portal for Merchants in Partnership with Al-Futtaim
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new portal...
Positive Global Sentiment, Strengthening Oil Prices to Support Trading Activity
Global equity markets closed on a positive note during the week as sign of constructive development on the US-China trade front coupled with upbeat...
UAE quits Single Currency
And then there were four. As we reported on last week's programme, the UAE has pulled out of plans for a Gulf Single Currency....