United Arab Bank hosts Trade Finance Workshop for its Customers
United Arab Bank (UAB) hosted once again a Trade Finance Workshop for its corporate customers. Following the tremendous success of UAB’s previous workshop in...
UAE’s Financial Wealth Grows to $600 Billion Despite Pandemic Challenges
51% of the country’s wealth is owned by individuals whose net worth is more than $5 million.
The United Arab Emirates (UAE) financial wealth grew...
Infrastructure and Economic Diversification to Drive Saudi Private Equity Market
With the steady population growth propelling continuous infrastructure development, Saudi Arabia is considered the next big market for private equity and venture capital investors,...
DFM Launches Incentives for Private Businesses’ IPOs across Key Growth Sectors
Hamed Ali: “The program encompasses unprecedented incentives offered to companies planning to IPO in Dubai”
The program provides financial support to private companies for IPO...
G20 and new US Administration critical for Leadership on finance Reform
1. Next week’s G20 summit and the election of Barack Obama offer fresh opportunities for leadership in reshaping the international financial architecture
2. As the...
Outlook for Insurance Sector Growth in the Region Strong, Says DIFC...
Deep structural changes and changing attitudes toward risk are driving long-term growth in the insurance sector within the Middle East and North Africa region,...
Declining trading volumes may not be bearish
Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...
Regional markets positively influenced by Q2 2019 corporate earnings
Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....
Capital markets to close from 2 December for national day
In line with the circular issued by the Federal Authority for Government Human Resources regarding the public holidays on the occasion of the 39th...
DFM Weekly Roundup
Throughout the week, the Dubai Financial Market General Index increased by 6.12%, gaining a total of 92.38 points tto close at 1 601.24 points,...
Union Properties PJSC Profits Rose 483% in Q2 of 2021, Compared...
Total assets reached AED 6 Billion
Continuous positive performance for a 2nd Quarter in a row
Resolving the qualification of the external auditor
Union Properties...
Emirates NBD and HDFC Bank launch online remittance facility for...
Enables direct remittance of funds into HDFC Bank accounts
Facilitates overseas remittances by Indian expatriate community
Emirates NBD, a leading bank in the region, announced today,...
Eurozone concerns spread to core economies
BofA Merrill Lynch Fund Manager Survey Finds Investors Warning Of A Dip In Global Corporate Profits
Investor confidence has weakened further, led by a sharp...
Emaar Properties Announces a High Dividend; Reports Highest Ever Property Sales
Emaar Properties appoints new Board of Directors to spearhead the company’s growth strategy.
Emaar’s year to date domestic property sales reached over AED 19 billion...
UAE financial markets to remain closed on Sunday
UAE markets will remain closed next Sunday, January 4th, 2009, in observance of the official mourning announced today over the death of Sheikh Rashid...
UAE’s financial markets to close for Eid Al Fitr holiday
The Eid Al Fitr holiday for the financial markets will start on Friday, August 17 ( corresponding to 29 Ramadan) and will run until...
DFM Launches ‘myAccount’ Electronic Service for Dividends Distribution
As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai...
Foreign investors purchase AED 1.156 billion worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 719.9 million during last week, and value of shares sold reached AED 871.9 million
Dubai Financial...