DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’
The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...
Crypto Has Retreated from the Lows, But No Rush for Growth
Crypto market capitalisation at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on...
Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD
The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...
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...
Regional equity markets expected to be positively influenced by global markets...
Global equity markets closed the week on a positive note on the back optimism over the progress in trade talks between the US and...
Digital Health Startups Receive Over $4.6 Billion in Q3 2020, Thrice...
The year 2020 is set to be a banner industry for investments in the digital health industry. From Q1 to Q3, the sector has...
UBS Investor Sentiment: Investor Optimism Drops on Inflation, Geopolitical Concerns
Optimism among high-net-worth investors dipped to early-pandemic levels on continuing concerns about the economic and market impact of inflation and the war in Ukraine,...
UAE stocks gain AED11.5 bn Monday
The UAE's two main bourses secured AED11.5 bn in gains Monday, the highest in months, driven by the realty and banking sectors.
Amidst high sentiments,...
ADNIC Shareholders Approved Cash Dividends of 30%
ADNIC, one of the leading regional multi-line insurance providers for corporates and individuals, concluded its Annual General Meeting (AGM) on Tuesday March 19, 2019,...
How Will Asset Management Be Affected by Covid-19 Crisis?
The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...
DFSA Issues Consultation Paper for SME Listings
The Dubai Financial Services Authority (DFSA) has issued a consultation paper that outlines the DFSA’s proposals for a regulatory regime that permits Small and...
Equity Markets To See Increased Volatility on The Back of a...
Global equities rebounded during the week on the back of support from the Central Banks and better than expected economic data. US retail sales...
Emirates NBD Marks Financial Wellness Month in April
Renewed commitment to customers’ financial wellness
Bank’s #moneywise platform advocates healthy financial behaviours and habits.
Joining the global effort to bring attention to financial literacy this...
GCC Investors Need to Look Wider for Growth Opportunities
Modest 2021 recovery forecasts for the GCC have increased the focus on diversification from the hydrocarbon sector, potentially opening up some less traditional growth...
Bitcoin Rises Ahead of Schedule
The crypto market capitalisation has hit new highs since 12th January, passing the $1.75 trillion mark. The market has confidently moved into a state...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
Worldwide Venture Investments Soared by 94% in Q1 2021 to All-Time...
For the first time in history, global venture investments surpassed $100 billion in Q1 2021. According to the research data analyzed and published by Sijoitusrahastot,...
The Rise and Fall and Rise and Fall of Bitcoin
Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...