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Dubai Ruler’s media office denied earlier report for debt arrangements

Dubai denied on Sunday an earlier Dow Jones report that it is mulling a two-part deal, including one that may repay lenders 60 percent...

BFX appoints Standard Chartered Bank as its Clearing and Settlement Bank

The Bahrain Financial Exchange (BFX), the Multi-Asset exchange in the Middle East and North Africa, which will be internationally accessible to trade cash instruments,...

Bitcoin 2x Better at Withstanding COVID-19 than S&P 500 and Oil

Bitcoin has been caught up in the Coronavirus market crisis with the asset’s price dropping by almost half as the global economy comes to...

World’s 10 Richest Fortune Soars by 56% to $1.1 Trillion Since...

As the rest of the world continues to recover from the effects of the coronavirus pandemic some of the global billionaires have benefitted from...

DIFC New Leasing Law To Protect Property Owners, Tenants

New leasing regulation enhances the current real property regime at the world’s 8th ranked international financial centre Clear robust regulations at the DIFC...

EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

DGCX sets new daily volume record

Exchange Trades 21,980 contracts on July 27, valued at US $ 1.033 billion Daily Indian Rupee recorded the highest ever volume of 19,596 contracts on...

RBS Coutts furthers NRI initiative in the Middle East with key...

RBS Coutts, the international private banking arm of the Royal Bank of Scotland Group, today announced the appointment of Santosh Keni as Head of...

Dubai 3rd Investment Destination Worldwide; 2nd in Economic Potential among 62...

Dubai’s FDI strategy wins top billing in global ranking of investment locations fDi Magazine also rates Dubai third investment destination overall and second in Economic...

Investors Still Confident In Global Growth Despite China Doubts

BofA Merrill Lynch Fund Manager Survey Finds Investors Still Confident In Global Growth Despite China Doubts Allocations to Equity Rise, Bonds Increasingly Undesired Global investors remain...

Middle East Venture Partners close fund at US$30 million

Middle East Venture Partners (MEVP) announced today the second close of Middle East Venture Fund II (MEVF II) at more than US$30 Million. MEVF...

Digital Finance Can Turbocharge Growth In Emerging Economies

Two billion individuals and 200 million micro, small, and mid-sized businesses in emerging economies today lack access to savings and credit. Even those with...

MENA could issue over USD 80 billion of debt in 2019,...

• JP Morgan EMBI inclusion (31 January) likely to attract more than USD 30 billion in inflows to GCC bonds • Local and hard currency...

Sharpen Skills with a Crash Course in Commodities Investing

If commodities investing and trading is new for you or you simply want to expand your knowledge in the trading area, you can now...

‘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,...

SCA approves secondary listing of Abu Dhabi Government’s bonds on ADX

Abu Dhabi has successfully established confidence among investors and its economy

DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...

The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...

Bitcoin’s Coming of Age? May’s Historic Halving Taking Place in a...

The Bitcoin price will hit ‘at least $10,000’ even before the four-yearly ‘halving’ event taking place in two weeks, predicts the CEO of one...