FGB Wealth Sentiment Index score up 0.3% in February
Index score increases from 1017.41 in January to 1020.52 in February 2017
FGB, one of the leading banks in the UAE, has announced the latest...
Positive Global Sentiment, Strengthening Oil Prices to Support Trading Activity
Global equity markets closed on a positive note during the week as sign of constructive development on the US-China trade front coupled with upbeat...
Rosy perspectives for mortgage providers in Dubai
Mortgage providers in Dubai introduce higher quality products
Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...
Federal Ministries begin implementing the G2 E-Dirham System
Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...
How Will China’s Bitcoin Ban Impact the Cryptocurrency Market?
Chinese regulators have always taken issue with cryptocurrency. In September, they decided to implement a comprehensive ban on financial platforms that allow people to...
DME records strong growth in forward trading; record number of participants
Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
Record number of participants trading Oman futures contract in 2019
...
Value-packed mortgages for resident expats
Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years)
Up to 85 per cent financing
Includes free life,...
Moody’s downgrades Dubai Holding Commercial Operations bonds to B3
Moody's Investors Service has today downgraded to B3 from B2 the notes issued by Dubai Holding Commercial Operations MTN Ltd. under its Medium Term...
DIFC Reveals New Investment Opportunities
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), has today published the “DIFC...
Correlation between UAE’s and global equity markets remains positive
Average correlation of Abu Dhabi and Dubai markets with the global markets remains positive during the years of a financial downturn.
The UAE equity markets...
Innovation very important to 82 percent of executives in financial firms
Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...
Foreign investors purchase Dh 1.053 billion worth of shares on DFM...
Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (09 November...
Top 10 Most Traded Cryptos in September
After steady growth throughout the third quarter of the year, September has been pretty dynamic for the global crypto market. Over the past few...
MEA Retail Banks Strongest Believers in Cashless Society
Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models
6 in 10 banking executives in the Middle...
‘Equity Manager of the Year’ goes to Emirates NBD Asset Management
Emirates NBD Asset Management Limited announced it has won award for “Equity Manager of the Year” at the Global Investor – Middle East Asset Management & Brokerage Awards
Fundamental Analysis vs. Technical Analysis
A lot of people are now trying to accumulate more wealth through forex and stock trading. If you are planning to make money in...
UAE Central Bank to introduce the Direct Debit System
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System' in the UAE with effect from 15th June 2013, according...
DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...