Credit Suisse downgrads Dubai Financial Market
Credit Suisse has downgraded Dubai Financial Market’s rating to Neutral from Outperform while slashing its target price to from Dh2.20 to Dh1.40,...
Family Office Study: Next Gen Taking a Bigger Role in Investment...
Younger family members want a bigger focus on ESG and the long-term future of the office, research shows.
But private markets and digital assets are...
Hedge Funds Plan to Increase Data Services’ Outsourcing
79% of hedge fund and asset managers surveyed plan to increase outsourcing of data services
A global survey of quant fund managers who collectively oversee...
Over 40% of Those Engaged in Bitcoin Community are Millennials
Millennials are driving more interest in bitcoin, with the digital asset increasingly holding the potential to disrupt traditional finance systems. The interest by this age...
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...
DIFC revises cost of doing business to stimulate further expansion and...
The Dubai International Financial Centre ("DIFC"), the financial and business gateway between the Middle East, Africa and South Asia region ("MEASA") and the world,...
Salam International Investment will be delisting their shares from the DFM
Salam International Investment Limited "SIIL" decided a voluntary delisting of its shares from the secondary market "Dubai Financial Market" (DFM), as of Sunday 15/03/2009.
This...
GFH announces the appointment of executive Chairman and new capital program
Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program.
Following...
NASDAQ OMX Prices $370 Million Senior Notes Offering
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it priced an underwritten public offering of $370 million aggregate principal amount of 5.250% Senior...
Resilience of Corporate Debt in Emerging Markets Expected to Continue
The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...
Global Sell-off Should be a Reality Check for Investors
Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...
UAE Banking Sector Poised for Growth in 2022
The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of...
UAE Minister of Economy discusses steps to strengthen bilateral relations with...
His Excellency Sultan Bin Saeed Al Mansouri, the UAE Minister of Economy, and His Excellency Christian Bokhman, the Austrian Minister of Economy and...
UAE Among World’s Top Markets with Highest Trust
CFA Institute, the global association of investment professionals, recently published Enhancing Investors’ Trust – the 2022 CFA Institute Investor Trust Study, the fifth in...
Evolvence Capital launches third India focused fund at USD 400 million
Dubai-based alternative investment firm reiterates commitment to continued growth in India
Evolvence India Fund II to focus on diversified...
U.S. Stocks Jump Most in Year on Europe Loan Package
Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...
Know your ETF risk
ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...
UAE Ministry of Finance organizes a Train-the-Trainers Course
In a step that aims at developing the skills of the Ministry of Finance’s trainers and HR personnel, the Ministry partnered with...