UBS Investors Note: How To Respond To COVID-19 + Oil Crash
Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do.
What's happened?
Risk assets slumped...
Foreign investors purchase AED 699.3 mn worth of shares on DFM...
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 5 - July 7)...
Foreign investors net DFM sellers by AED 46.91 mln
Non-Arab foreign investors bought shares at a total value of approx. AED 151.45 million on Dubai Financial Market (DFM) today and sold stocks amounting...
UAE Markets Gain AED257Bn in Market Cap on Strong Economy
The UAE's stock markets experienced substantial growth in 2024, driven by a robust economy, foreign investments, and IPOs. Both the Abu Dhabi Securities Exchange...
Unprecedented Demand for The UAE’s Multi-Tranche Sovereign Bond Package
The UAE Government, represented by the Ministry of Finance (MoF), has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package, which...
![Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.](https://www.dubaichronicle.com/wp-content/uploads/2021/06/Emiretes-Development-Bank-Logo-324x160.jpg "Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs"){kind=logo}
Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs
Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
Here’s How Many People COVID-19 Could Push into Poverty
COVID-19 is likely to push between 88 and 115 million people into extreme poverty, according to the Poverty and Shared Prosperity Report 2020.
South Asia...
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...
Mid-Year Outlook 2022: Investing in the Afterglow of a Boom
After a tough start to 2022, Citi explores what may lie ahead for investors, highlighting quality and resilience in portfolios.
Citi Global Wealth Investments released...
10 Major Mining Companies Produced Over 900 Tons of Gold in...
As global economic uncertainty continues to rise, the demand for gold as a safe haven investment and commodity has also increased, driving up its...
Inflation is Now Biggest Concern for Investors in 2022
The debate, says the CEO of a global financial giant, about whether inflation is ‘transitory’ or not is now over and investors should review...
Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE
Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
Foreign investors purchase Dhs475.3m worth of shares on DFM during the...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (2 - 6...
Investors Flock to Cryptocurrency Staking with $100 Billion Staked in Major...
Data acquired and calculated by Finbold indicates that the value of the top ten staked cryptocurrencies stands at $99.2 billion as of April 20, 2021.
Cardano (ADA)...
Regional Trading to Follow Trends in Global Markets
Global equity markets continued the positive trajectory as investors got more clarity on three events that have mostly dominated the trading activity for majority...
Liv. Launches UAE’s Most Flexible Credit Card
Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...
France Remains The Most Attractive Country in Europe for Foreign Investors
The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020.
France held its...