DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...
Equities trading volumes on NASDAQ Dubai rose to 175 mn shares...
Equities trading volumes on NASDAQ Dubai rose to 175 million shares in August 2009, up 80% from 97 million reported in August 2008.
The increase...
FAB Shareholders Approve Hefty Cash Dividend
First Abu Dhabi Bank (FAB) concluded its Annual General Meeting (AGM) today at FAB’s headquarters in Abu Dhabi. All items on the agenda were...
Hedge Funds conclude strong Q1
Gains across Equity, Event & Arbitrage strategies offset Macro declines in March;
HFRI Fund Weighted Composite concludes best 1Q since 2006
Hedge funds performance was essentially unchanged...
Trading activity expected to be subdued during Ramadan
Global equity markets witnessed mixed performance during the week. The US economy is rebounding after a soft patch. The Fed has decided to keep...
Hedge funds trade in narrow range in April
HFRI April decline pares YTD gains to +4.4 percent
Relative Value Arbitrage posts fifth consecutive monthly gain
Hedge funds posted a narrow decline to begin 2Q12,...
Emirates NBD Launches IPO Subscription Website
Fully digital platform to support investor participation ahead of upcoming listings on DFM
Individual investors to benefit from seamless, paperless journey from subscription to payment
Real-time...
UAE’s Fintech Landscape Continues to Boost Developments, Innovative Solutions
UAE reaches EMEA top ten Fintech deals list in H1’21, says KPMG’s Pulse of Fintech H1 2021 – EMEA report.
In the United Arab Emirates...
Wealth management firms revise approach to high net worth individuals
Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...
Cityscape Global Signals Resurgence of Investment Flows
Inward and Outbound Investment Takes Off As Real Estate Maintains Smart Money Appeal
International real estate investment flows are resurging following a pandemic induced lull...
UAE Banks will continue financing the economic sector
Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
Loan losses of Gulf banks to drop, according Fitch
Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...
Emirates NBD Introduces Contactless Identity Verification to Open New Accounts on...
Bank's new TruID digital identity verification solution leverages the power of Near-Field Communication (NFC) technology
Customer identification information read electronically from Emirates ID and biometric...
RAKBANK Achieves 13% Growth in First Quarter Profits
RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...
CEO Transitions – a risky business when comes to shareholder value
Study Challenges Perceptions of CEO Transitions and the Risk to Enterprise Value
Mortgage Glossary
MORTGAGE
A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan.
PRE-APPROVAL
A commitment...
Regional stock markets to rebound by the end of May
Stock markets in the GCC have been impacted by the current regional civil unrest in the Arab world, with company valuations discounted compared...
Global index provider included UAE as a Secondary Emerging market
Global index provider, FTSE Group (â€FTSEâ€) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...