Dubai Borse not planning to sell LSE stake-statement
Ahmad Al-Tayer, Governor of the Dubai International Financial Centre and member of Dubai's Supreme Fiscal Committee, today categorically denied media reports that Dubai has...
Record-Breaking VC Investment in Fintech in First Half Of 2021
KPMG’s Pulse of Fintech reveals investment hit USD 98 billion.
USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...
Top 10 Most Traded Cryptos in September
After steady growth throughout the third quarter of the year, September has been pretty dynamic for the global crypto market. Over the past few...
Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE
The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem.
The UAE...
UAE calls for establishing regional stock market/update
The UAE has called for setting up a regional financial market for the Middle East and East Asia to tackle any future financial crisis.
The...
ACM to Participate in the Middle East Online Trading Summit
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Following numerous clients’ requests, we are pleased to inform you that ACM will be a participant of the Middle East Online Trading...
Banks’ Expertise Critical to Speed Up Economic Recovery Post COVID-19
Credit misallocation causing lasting risks to economies, and needs course-correction
Bankruptcy frameworks need to prepare for potential impact of credit losses on banking...
“In Dubai we are not good in publicizing what we are...
Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...
General Budget for 2022-2026 Approved with AED290 Billion Expenditures
The Federal Budget for 2022-2026, with a total expenditures of AED 290 billion, has been approved by the Cabinet that is chaired by His...
DIFC drives innovation through agreements at Global Financial Forum
• DIFC Governor announces size of wealth and asset management sector at DIFC stands at USD 424 billion
•25th GFCI Report launched – DIFC rises...
Securities markets to close for Eid Al Adha
The Securities and Commodities Authority (SCA) announced the financial markets will close down from Nov. 15 and resume trading on Sunday, Nov. 21 to...
Punjab National Bank Granted License to Operate from DIFC
DIFC is Strategic Base for Bank's Middle East and Africa Operations
Punjab National Bank (PNB), India's No.1 ranked nationalized bank, has received a license to...
ESG Makeover for Investment Industry
The COVID-19 pandemic has heightened our expectations of environment, social and governance (ESG) investing across the globe. Although it has been a mainstream topic...
Investments to UAE expected to rise by 20% in 2019
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 percent this year, from...
FAB Launches Exclusive Benefits for Golden Visa Holders
The newly-launched benefits for Golden Visa holders were made possible through a collaboration between FAB and the Abu Dhabi Residents Office
First Abu Dhabi Bank...
FDI Global Cities of the Future 2021/2022: Dubai Ranks 3rd Globally
The vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, helped...
Foreign investors net DFM buyers by AED 16.29 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...
DFM Plans to Launch Equity Derivatives Platform
Dubai Financial Market, DFM, today announced that it has reached the final stages of preparations to launch an equity derivatives platform (DFM Derivatives Platform),...