Dubai Gold & Commodities Exchange Weekly Market Commentary
The Weekly Market Commentary from DGCX is providing a snapshot of what’s happening in the energy, precious metal and currency futures markets.
In the final...
BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...
Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...
UBS appoints Ali Janoudi to Middle East and North African role
UBS today announces the appointment of Ali Janoudi, who will be responsible for the Saudi Arabia and Near East/Northern Africa Wealth Management business in...
NASDAQ Dubai Monthly Trading Report
September 2010 - Equities Traded Value Rises 31% In First Nine Months Of 2010
The value of equities traded on NASDAQ Dubai increased by...
Emirates Money opens first branch in Abu Dhabi
Consumer finance company offers comprehensive loan solutions
Enables customers to meet personal and business requirements
Emirates Money, a consumer finance company and wholly owned subsidiary...
54% Consumers Uncertain over the Difference between Islamic and Conventional...
A recent survey conducted by YouGov Siraj, to understand consumer banking preferences in the region, with a focus on Islamic banking, revealed that 54...
Dubai Mercantile Exchange achieves new record in Open Interest
The Dubai Mercantile Exchange Limited (DME) today announced that it has achieved the highest level of open interest for its benchmark Oman Crude Oil...
Emirates NBD partners with Dubai Aquarium & Underwater Zoo for...
Emirates NBD, a leading bank in the Middle East, has signed an agreement to partner with Dubai Aquarium & Underwater Zoo, managed by Emaar...
Emaar Properties Convertible Notes Placing Receives Overwhelming Investor Demand Globally
On 29 September, 2010 Emaar Properties PJSC (“Emaar†or “the Companyâ€) announced the placement and final terms of its offering of US$450 million of...
The Dubai Bond four times subscribed
The Dubai government is set to raise as much as $1.25bn as its sovereign bond issue moved to price on Wednesday, reported The Financial...
Dubai to launch new dollar bond – Statement
The Government of Dubai has hired Deutsche Bank, HSBC, and Standard Chartered to issue a dollar-denominated bond, according the official news agency WAM.
The planned...
Investor confidence may continue to rise
Dubai plans to tap the international capital markets as early as next week with its first bond issue since the debt standstill in the...
KIPCO sells 39.2% stake in GIC to Fairfax Financial Holdings Ltd...
Kuwait Projects Company (KIPCO) said that it has signed a deal with Fairfax Financial Holdings Ltd (FFH.T) to sell a 39.2% stake in Gulf...
One Million Air Miles awarded to HSBC Gold Air Miles Cardholder
A million possibilities to enjoy endless rewards await one lucky Cardholder of the recently launched exclusive Gold Air Miles Card, for being the first...
UAE Stocks Get First Emerging Market Status at FTSE Group
FTSE Group (FTSE), the award winning global index provider, today confirms the addition of the United Arab Emirates (UAE) as a secondary emerging market...
BofA Merrill Lynch Fund Manager Survey finds renewed optimism over...
Investors have returned from holidays with a defensive mindset but fresh hopes are emerging about China’s economic prospects, according to the BofA Merrill Lynch...
SCA Board changes brokers’ regulation
Following a Cabinet approval of the new board set-up, the reconstituted board of the Emirates Securities and Commodities Authority (SCA) has held its first...
Dubai World’s approval from creditors to change terms of debt to...
According to UBS AG and Moody’s Investors Service, Dubai World’s approval from creditors to change the terms on $24.9 billion of debt is likely...