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EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

Trillion is The New Billion

One Trillion Dollars Visualized from www.mint.com It's official, trillion is the new billion! No longer is government spending around the world talked about in terms of...

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)...

Emcredit to release credit-related economic indicators

1. Research reports valuable for business decisions, monitoring trends and economic policy making 2. First report to highlight trends in UAE business activity in 2009 3....

Liquidity improving within the banking system

Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...

Dubai Bank signs strategic alliance with SALAMA for Takaful products

1. Wide range of Takaful plans available to Dubai Bank customers 2. Supports customers in addressing education, retirement planning and other short and long-term goals Expanding...

AXA Insurance Gulf launches its online services

1. Customers can now buy and renew motor policies online 2. Get a quote in less than a minute 3. 5% discount for buying a new...

Investment Corporation of Dubai joins Long-Term Investors Club

1. Accession agreement signed by ICD CEO H.E. Mohammed Ibrahim Al Shaibani at high-profile event in Paris 2. Paris Conference for Long-Term Value & Economic...

EDC launches the ‘Islamic Financial Services Mission’

Dubai Export Development Corporation (EDC), in association with the Australian Trade Commission (Austrade), has started the ‘Islamic Financial Services Mission’, a government initiative of...

The Currency Report – Talking Technicals

Dollar and Yen May Rise Should the S&P Decline

Net foreign investment on DFM reaches AED 102.6m between 7-11 June

Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...

Currency Outlook – Seeing a U.S. Dollar Rebound

Analysis and Discussion with Brian Dolan of Gain Capital Group

“A good performance for the Gulf Premier Fund and the Gulf...

Talal Al-Tawari, Head of GCC Equities Division at Gulf Investment Corporation has said that "the Gulf Premier Fund", the first of its kind in...

Dollar Slide Continues

Interview and discussion with Daniel katzive of the Credit Suisse. He says that the dollar may continue to weaken but that depends on a...

UAE quits Single Currency

And then there were four. As we reported on last week's programme, the UAE has pulled out of plans for a Gulf Single Currency....

Foreign investors purchase AED 1.803 bn worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (May 24 - May...

Global Investments Roundup

BofA fast tracks TARP Payback; Brazil unemployment reverses in April; Taiwan GDP falls 10.24%; Dollar swoons against Euro, Yen; GM and UAW reach tentative...

UAE will not be party to GCC monetray union agreement

The UAE has decided not to take part in the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official...