web analytics

Online shopping more popular and easier than ever before

Visa cardholders get access to thousands of U.S stores and a chance to win a FIFA World CupTM ticket package Visa, the leading payment...

Reem Investments announces AED785 Profit and 10% Dividend Distribution

The Board of Reem Investments PJSC, an Abu Dhabi-based diversified investment company, announced profits of AED785mn for FY 2009 at its...

UAE Banking Sector Outlook

At the start of the year, analysts expected a binary scenario for UAE banks in 2010 on  the back of a slow but steady...

FIO undertakes strategic study to further boost foreign direct investment potential...

The Foreign Investment Office (FIO) mentored students from the SP Jain Center of Management to undertake a study of the key strategic areas related...

Infrastructure and Economic Diversification to Drive Saudi Private Equity Market

With the steady population growth propelling continuous infrastructure development, Saudi Arabia is considered the next big market for private equity and venture capital investors,...

Federal credit bureau significant step for UAE economy, says DED

The Dubai Department of Economic Development (DED), hailed today the UAE Ministry of Finance’s (MoF) study for creating a federal credit bureau as a...

Emirates NBD wins Financial Sector Technology award for best systems integration...

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today that it has won the 2010 Financial Sector...

Aabar’s board recommends $1.97b bond issuance

The board of directors of Aabar Investments has recommended to seek shareholders' approval for the issuance of convertible bonds of as much as $1.97...

Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...

Firm to Significantly Grow Corporate Banking Platform around the World Bank of America Merrill Lynch today announced a series of new hires to its Corporate...

Emirates NBD launches Emirates Islamic Money Market Fund

Open-ended Sharia-compliant fund, with daily dealing Low risk investment opportunity Access to Sharia-compliant liquid instruments Offers diversification benefits Special...

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...

Emirates NBD opens branch at Emaar Business Park

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...

Abu Dhabi to launch agency for foreign investments

Mohamed Omar Abdullah, under secretary of Abu Dhabi's department of economic development said that the emirate plans to set up a dedicated investment agency...

Talal Mohammed Al-Mazrooei appointed Head of Sales at Emirates NBD

Strengthens bank’s outreach strategy in Dubai and Northern Emirates Appointment of young UAE national in line with bank’s...

Aabar assets reach $10 billion

Abu Dhabi's Aabar Investments, which has stakes in Daimler AG and Virgin Galactic, said that its assets have grown to $10 billion and that...

Dubai Government to help part of Dubai World proposal

Arabic language daily Al Ittihad said Dubai World would receive aid from the Dubai Financial Support Fund (DFSF) for financing operating expenses and payments...

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)...

Secrets of Kuwaiti Ultra High Net Worth, Revealed by a Swiss...

Research conducted by Heinrich Weber, Swiss Banker and author of ‘The Ultra High Net Worth Banker's Handbook,’ estimates that there are 150...