73 percent of UAE residents admit they have debt with UAE...
73 percent of UAE residents surveyed by compareit4me group admitted to having some kind of debt with UAE banks, with credit cards topping the...
Kaloti Precious Metals see off tough competition to win Bullion Dealer...
Consumer Power Sees Dubai Bullion Company Scoop International Award
After a three-month open public vote in which over 22,000 votes were cast across 5 countries,...
Trust in UAE Banking Sector Remains High at 68%
Trust Index Survey 2017 reveals consumer confidence remains steady and robust, with 93% of UAE retail banking customers satisfied with the performance of...
Emirates NBD opens new branch in Muraqqabat
Largest branch in Deira to serve busy business district
Offers Retail, Priority and Business banking services under one roof
Emirates NBD, a leading bank in the...
The greenback’s bull market is over and that is good for...
Gold traders will be watching the U.S. dollar and some important technical-chart levels in the week ahead to gauge where the yellow metal is...
Who Is Propping Up The Bitcoin Market?
In a research note published in December, Deutsche Bank Global Financial Strategist Masao Muraki outlined the typical profile of a potentially large constituency of...
GCC GDP on Growth Path despite Oil Price Decline
Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...
DFM Mobile App Goes Live
Investors’ connection with Dubai Financial Market (DFM) trading activity and services has been made easier with DFM’s new smart services application, which provides investors...
UAE Central Bank to launch discount window for banks
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...
2017 Sees a Record High Number of IPOs in GCC
A surge in number of floats in the GCC following the launch of the Parallel Market in Saudi Arabia creating a new platform for...
Silver shines brighter than gold as an investment opportunity
Silver prices remained depressed despite that gold has rallied since the beginning of 2016. However, the gold to silver ratio -a key indicator of...
Dubai Parks and Resorts to raise financing through Rights Issue
Dubai Parks and Resorts is seeking to raise a total of AED2.67bn in additional financing, of which Dh1.68bn is being raised through the Rights...
Why Opt for Property Management in Dubai
Full property management in Dubai is lately considered as the ideal choice for first time investors or those who live in other cities, or...
Will looming VAT, corporate tax hurt UAE expats?
For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar…
Over the years, one...
Banking sector- the most targeted for cybercrime in UAE
Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue...
GCC banks report marginal growth in profitability, with UAE leading
Net profits of GCC banks under our coverage increased 1.3% YoY to USD4.4bn in 3Q13. On a YoY basis, net profits of banks the...
The World’s Biggest Gold Mines
The economic carnage brought about by the Covid-19 pandemic has led to investors hedging against the ongoing volatility and that has driven the price...