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Mubasher launches “Mubasher Islami” to cater to investors dealing with Shariah-compliant...

Mubasher Islami serves as new division of Direct Broker for Financial Services Direct Broker for Financial Services LLC (DBFS), a subsidiary of Mubasher Financial Services...

Rebalancing Portfolios Should Weigh on Regional Equities in Coming Weeks

Global equity markets extended the positive streak for the fifth consecutive week on the back of US-China agreeing to cancel tariffs in phases and...

IMF Global Financial Stability Report October 2021 Forecast

The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingeringimpact is fading optimism among investors, which could lead to financial...

Development in Global Markets to Weigh on Regional Equities

Global equity markets were broadly positive during the week, but the news flow was mixed with encouraging vaccines developments compared to renewed restrictions to...

New international financial reporting standards to facilitate growth of small business...

Leading accountancy firm holds workshop in Dubai on IFRS for SMEs; highlights opportunities for small businesses The introduction of International Financial Reporting Standards (IFRS)...

Ernst & Young MENA announces 20 new partners

Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...

Saudi Arabia Unveils More than US$6.4 Billion in Technology, Startup Investment

Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups STC to invest US$1 billion in MENA HUB to create regional center for cloud...

Emerging markets to outperform developed markets into the future says Emirates...

MENA region predicted to see inflow of international capital on the back of low valuation of markets and continuing high oil prices Strong returns...

Investors To Adopt a ‘Defensive Growth Tilt’

High inflation and rapid monetary policy tightening have created increasing headwinds for the global economy. Economic momentum has slowed sharply, uncertainty about the economic...

Business, Political Uncertainty Driving Middle Eastern Investors To Secondary Commercial Locations

Amsterdam heads list of alternative office investment destinations Some Middle East and Asian investors are diversifying from UK to Dutch office space investment Savills,...

Financial Resolutions for The New Year

If you usually break your New Year's resolutions, Kelli Grant, Senior Consumer Reporter for SmartMoney.com, has some tips on keeping your finances in check...
Over half of the family offices established in UAE have been set up in an effort to preserve wealth.

Wealth Preservation Drives Surge in UAE Family Offices

The UAE’s financial wealth is on pace to see $300 billion growth from 2021 to 2026. Nearly 10,000 millionaires will have migrated to the UAE...

Emirates NBD ranked No. 1 banking brand in Middle East

Underlines strength of new unified brand Findings based on brand value and brand performance In its first year of participation under its...

UAE’s Financial Markets to remain closed on Thursday

The Financial Markets in the country will remain closed on Thursday on account of "Al-Mawlid Al-Nabawi", Prophet Mohammed (PBUH) Birthday, the Emirates Securities and...

Nomura Goes Live with smartTrade Technologies Liquidity Management System

smartTrade Technologies, an industry leader in cross-asset liquidity management software (LMS) for banks, broker-dealers, asset managers, and large hedge funds today announced one of...
Consumer appetite for digital banking services continues to grow in the countries of the Gulf Cooperation Council (GCC).

GCC Consumers Opt for Digital Banking Services Post Covid-19

77% of respondents in the GCC access digital banking services at least once a week. 44% are willing to switch to a different bank due...

Foreigners net DFM buyers by AED 5.08 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 21.11 million, while their sell transactions reached about AED 20.02 million, according...

Sentiments of global markets expected to influence trading activity

Global equity markets closed the week on a positive note on the back of optimism over progress in talks between the US and China....