Finance

Following yesterday's losses, the US dollar has the potential to stage a bullish correction today providing that this week's Unemployment Claims figure comes in...

The euro gained against the U.S. dollar and Japanese yen in late trading Tuesday as stronger Japanese equities prompted investors to buy back the...

The dollar was up versus the major currencies following disappointing non-farm payrolls numbers, highlighting the difficulties the Federal Reserve faces in reducing US unemployment. USD Non-Farm...

Momentum built during 2010 continues in the new year The Dubai Mercantile Exchange Limited (DME) announced today that it set new trading records during the...

The Executive Committee of Abu Dhabi Executive Council in its meeting yesterday approved to host the World Bank's office in Abu Dhabi for a...

Dubai Financial Market (DFM) has announced its full readiness to introduce the new settlement mechanism “Delivery versus Payment” (DvP) by the end of fisrt...

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 Investments PJSC ("DI"), an investment company with diversified interests in high growth segments, today announced its preliminary unaudited financial results for the year...

Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously...

Last night the President and Board of CFA Emirates, the association for financial and investment professionals, hosted its annual charterholder ceremony at the Burj...

The political turmoil is Egypt has escalated despite measures being taken by the President. Global Investment House of Kuwait expects regional markets to react...

Aabar is currently "exploring ideas in the petrochemicals sector" At the sidelines of a presentation of Daimler's new-generation Mercedes-Benz SLK roadster in Stuttgart, Aabar...

Emaar Properties PJSC ("Emaar"), rated B1/BB, has successfully priced its first international fixed-income offering, raising US$ 500 million via the issuance of trust certificates...

Emaar Properties launches a benchmark dollar-denominated bond as part its $2 billion Islamic bond program. Benchmark bonds are typically at least $500 million in size. Market...

The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...

The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as...

Fidessa group plc (LSE: FDSA), provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side, has today announced that...

Real estate finance provider offers up to 80 per cent finance on ready residential properties in Dubai and Abu Dhabi Tamweel PJSC, the UAE-based Islamic...