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...
Investment Strategies – Sovereign Wealth Funds back in play
Analysis and Discussion with Jan Randolph of IHS Global Insight
The Currency Report – Dollar, Ozzie, Rupee
U.S. Dollar falls on Banking Outlook; Australian Dollar climbs to highest level since October; Indian Rupee seeing biggest gain since 1986 on ruling party...
Investing in Currencies
Interview and discussion with Steven Pearson of the Bank of America - Merill Lynch. He discusses the Pounds domination against Dollar in the economy....
State Audit Institution introduces new practices to enforce accountability in...
The UAE Government is committed to improving standards of accountability, according to the head of the UAE State Audit Institution.
This month will see the...
Euro vs Dollar
Analysis and discussion with Geoffrey Yu of UBS talking about the latest in the currency market.
The resurgence of the Middle East cards industry
The last twelve months has seen the Middle Eastern retail banks face the twin challenges in their cards business of security threats and exposure...
Global Investments Roundup
Exxon profit spills 58%; Motorola posts loss, bleeding cash; FTSE 100 moves 8.1% in April; South Africa cuts interest rate to 8.5%; Flu scare...
AED 3 billion capital increase approved at DIB Extraordinary General Meeting
1. Assembly approves conversion of AED 3.75 billion deposit into Tier 2 capital of DIB
2. Assembly approves increase of DIB’s capital by AED 3...
RAKBANK Achieves 13% Growth in First Quarter Profits
RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...
Meltdown turns spotlight on Islamic finance
The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...
Managing liquidity risk is crucial for UAE banks, say global...
1. Global Association of Risk Professionals hosts Dubai forum
2. Forum hosted By GARP and FRSGlobal in partnership with Emcredit
3. Banks’ collective actions in addressing...
DMCC to host international gold forum in Dubai
1.‘DMCC Gold Convention’ to be held on April 27 at Atlantis, The Palm
2. Gold commands attention with investment demand registering 27 per cent increase...
Istithmar World Investment Management (Dubai) Limited to operate from DIFC as...
To focus on private equity and alternative investment opportunities
Istithmar World, the investment arm of Dubai World, today announced that its investment management entity, Istithmar...
Foreign investors net DFM buyers by AED 16.29 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...
Banks to provide financing to Bloom Gardens project
Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7.
The...