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Land Department to help investors rescheduling payments for properties

According an article in the Emirates Business, investors facing cash-flow difficulties can approach the Dubai Land Department for rescheduling payments for their properties. The goal...

Middle East Investor Relations Society signs MoU with UK counterpart

Agreement to foster knowledge exchange The Middle East Investor Relations Society (ME-IR Society), a non-profit organisation dedicated to promoting and developing the investor relations profession,...

Global Investments Roundup

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

Moody’s Analytics launched its office at DIFC

Launch of DIFC (UAE) office reinforces commitment to Middle East Moody's Analytics, a leading provider of risk management solutions to the banking and capital markets,...

UAE Central Bank slashes rates on re-purchase of Certificate of Deposit

The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...

Foreign investors purchase Dhs464.3m worth of shares on DFM during the...

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (January 11 - January 15)...

Global Recession Roundup

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...

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 Financial Market investor base up 26.48% to 535,563 investor in...

The Dubai Financial Market (DFM), the first regional exchange to go public and the leading Islamic financial market globally, revealed that numbers of investors...

UAE financial markets to remain closed on Sunday

UAE markets will remain closed next Sunday, January 4th, 2009, in observance of the official mourning announced today over the death of Sheikh Rashid...

Foreign investors purchased slightly bigger volume of stocks for second week...

Foreign investors purchase AED 490.9 million worth of shares on DFM during the last week, and sold AED 483 million Value of shares bought by...

The Central Bank plans Dirham-Dollar Swaps to support banks

The United Arab Emirates central bank said on Wednesday it would provide UAE dirham-U.S. dollar swap facilities to banks to further support the banking...

Emaar statement regarding expiration of share buyback programme

In line with relevant regulations and the Securities & Commodities Authority’s notification posted on the Dubai Financial Market today (December 24, 2008), the period...

The Offshore Investment Conference returns to Dubai

Following on from the success of last year’s event, The Grosvenor House Hotel, West Marina Beach, Dubai will once again be welcoming many of...

Foreign investors purchase AED 541.3 million worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 304.8 million during last week, and value of shares sold reached AED 349 million Dubai Financial...

Global Recession Roundup

Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...

Al Jazeera steel of Oman debuts on Dubai Financial Market

The leading regional exchange welcomes its first ever Omani listing Dubai Financial Market (DFM) today announced the listing of Al Jazeera Steel Products Co., incorporated...

UAE had refrained from matching a Federal Reserve interest rate cut

UAE interbank rates have barely reacted to a slew of government and central bank measures to enhance liquidity and improve confidence in the banking...