Finance

Dubai Financial Market General Index (DFMGI) maintained its winning streak for the fourth session in a row, pulling ahead 0.63%, or 9.98 points, to...

The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...

Dubai banks customers have been asked to be on alert following recent cases of rise in illegal money transfers. A series of credit card...

A recent report from BofA Merrill Lynch Global Research highlights latest investment trends and concerns. To "risk-on" or to "risk-off"? Despite a large number of unexpected...

Gold is perhaps the world’s most liquid investment trading throughout the world daily. The market never closes and you can buy and sell  the...

The both UAE stock markets, both DFM and ADX, recently have been moving in an uptrend. Profit taking or "correction" is normal in the course...

The international banking giant HSBC has become the latest lender to cut interest rates in the UAE. HSBC brought down rates on conventional and...

GoldMoney, one of the world’s largest providers of physical bullion for investors, has completed testing of all the gold bars stored for customers in...

The Central Bank of UAE announced today that the money supply M0 (currency in circulation + currency at banks) increased by 2.3%, from AED...

Dubai Islamic Insurance and Reinsurance Company (AMAN) has successfully concluded its Annual General Meeting (AGM) yesterday (March 22, 2011) at ‘The Emirates Towers’ Hotel...

In recent news and regulations issued from the central bank of the UAE, another restriction has been implemented on the banking sector. All banks must...

Methaq Takaful Insurance Company will inaugurate two new branches in Al Ain and Jebel Ali Free Zone shortly. The move is compatible with the company's...

flydubai, Dubai’s first low cost airline, has signed an agreement with Al Fardan Exchange to allow customers to pay for their flights at any...

The proposed Model involves private residential mortgages being funded by the issuance of standardised bonds, creating a large and liquid mortgage bond market.

Commercial real estate research firm Real Capital Analytics (“RCA”) announced that its domestic and international property transaction data is now on the Bloomberg Professional®...

Following the recent oil price spike, investors fear for corporate profitability and global growth, according to the BofA Merrill Lynch Survey of Fund Managers...

Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...

Traders said Japan would continue to be closely watched by financial markets at least for the next few days, because of Japan's nuclear emergency...