MENA Corp and ZagTrader launch new Online Trading Platform
Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...
Goldman Sachs cuts recommendation on global equities to ‘neutral’
Goldman Sachs has grown cautious on global equities in the near term. Last week, the investment bank cut its recommendation on equities investments to...
Emerging markets to outperform developed markets into the future says Emirates...
MENA region predicted to see inflow of international capital on the back of low valuation of markets and continuing high oil prices
Strong returns...
Regional Markets Expected to Trade Lower
Negative performance in the second week of March for six out of the eight major indices with Egypt increasing by a solid 4.4%
Weakness prevailed...
Foreign investors purchase AED 1.392 billion worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 689.4 million during last week, and value of shares sold reached AED 1.135 billion
Dubai Financial...
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...
U.S. Stocks Jump Most in Year on Europe Loan Package
Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...
Accounting Practice in The Brave, New Normal
An accountant’s new normal is a state of constant and rapid flux. The rules are shifting all the time and reflect how the government...
MENA CFO Awards Recognize The Best in Finance Across Public, Private...
Over 200 top finance professionals gathered at the MENA CFO Awards organised as part of the CFO Strategies Forum MENA by Naseba. On the...
Emirates NBD to create up to 300 additional jobs in 2011
Emirates NBD, the UAE’s largest banking institution, is expecting to experience a hiring spree creating between 200 and 300 new jobs for the consumer...
Global Markets Roundup
Bank of China posts 59% 4Q profit drop; Goldman plans to repay TARP money quickly; U.K. Inflation up 3.2% in February; Major Exchanges want...
UAE Investment Map highlights strategic opportunities for global investors
His Excellency Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of the UAE Ministry of Economy, today, announced the launch of the UAE...
Finance House subsidiary to launch Fund to finance UAE private sector...
Finance House, through its DIFC-registered subsidiary, FH Capital Ltd, today announced that it intends to launch the FH Special Opportunities Fund (SOF), with a...
Emirates NBD launches Emirates Global Sukuk Fund
•   High profit rate, low minimum investment
•   Semi-annual income distribution
•   Low management fees, award-winning team
Emirates NBD announced today the launch of the Emirates Global...
Moody’s new UAE Banking System Outlook negative
The fundamental credit outlook for the banking sector of the United Arab Emirates (UAE) is negative, reflecting growing pressures in the operating environment, which...
Dubai to launch new dollar bond – Statement
The Government of Dubai has hired Deutsche Bank, HSBC, and Standard Chartered to issue a dollar-denominated bond, according the official news agency WAM.
The planned...
Retail loans expected to lift earnings for UAE banks
Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...
Global investors have moved out of equities into cash
Proportion of Investors Buying Protection Against Equity Sell-off Reaches Survey High
Global investors have moved out of equities into cash ahead of an expected U.S....