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Regional Markets Remain under Pressure due to Weak Oil Prices

Global equity markets performed positively during the week on the back of encouraging economic data and measures such as slashing tariffs on USD 75...

DFM benchmark slides 0.32%

Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....

Emirates NBD holds community event at The Residences branch

In line with bank’s commitment to reach out to customers in their local community Emirates NBD, the Middle East’s largest bank by ...

DGCX First Quarter Volumes Up 112%

Exchange trades 3,281,234 contracts in the first quarter March volumes total 1,072,052, a 95% rise from 2012 Indian Rupee futures grows 104% year-on-year March volumes on the...

Investor confidence in Dubai as hub for FDI in Middle East...

The Foreign Investment Office (FIO), an agency of the Dubai Department of Economic Development (DED), has commissioned an in-depth special study to further enhance...

The UAE highlights investment opportunities to Bottom Saxony delegation

Minister of Economy emphasizes the strength of UAE Economy and Commends ability of Dubai economy to deal with global challenges Invites Airbus...

World’s oldest insurance rating company sets up office in DIFC

A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....

UAE Stock Markets Top Performers in H1 of 2013

In the first six months of 2013, the Dubai Financial Market (DFM) and Abu Dhabi's Emirates Securities Market (ADX) advanced the most among...

Portable pensions remain best for expats as UAE unveils pension scheme

Chris Ferguson, Managing Director, Guardian Life Management (Dubai), says portable pensions remain the best bet for expats as the UAE unveils its own pension...

Al Etihad Credit Bureau begins to issue credit reports to individuals...

Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...
Khurram Shroff and Earl Mai - Maple Fork, Ethereum GeneSys

New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...

On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum.  This fork, which took place in Toronto, is an effort to...

Regional Investors Expected to Closely Monitor OPEC Meeting

Global equity markets staged a recovery during the previous week on the back of continued optimism over progress made towards Phase 1 trade deal...

MENA IPOs raised approximately US$2b in 2012

Three IPOs raised approximately US$339.8m in Q4 2012 MENA IPOs in 2012 up 134% compared to 2011 KSA’s Dallah Healthcare Holding Company lists on the Saudi...

UAE’s GDP set to expand 3.5% this year

The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50...

DMCC successfully redeems US$200 million sukuk

Final US$20 million repayment on five-year Islamic bond made on schedule Demonstrates underlying financial strength of DMCC Underscores rapid growth...

First Mergers & Acquisitions Global Report Launched

Report’s key finding is that effective people management can drive value in M&A Transactions Mercer, the global human resources consultancy, has developed and released it’s...

Dubai Mercantile Exchange announces new trading records

February sees highest monthly trading, best average daily volume and busiest day in exchange’s history The Dubai Mercantile Exchange (DME), the leading energy futures exchange...

Al Etihad Credit Bureau Completes System Integration with Dubai Courts

Al Etihad Credit Bureau (AECB) today announces it has started including court-ordered payment obligations from Dubai Courts in its Credit Reports, upon completing system integration...