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...
If you are into stocks, follow the big money
Higher energy prices, Japan supply chain disruptions and fear of continuous depreciation of the U.S. dollar were supposed to scare investors off tacking risks...
Opportunity to develop local asset-management industry
The accumulated assets of a UAE pensions system would probably run into hundreds of billions of dollars, granting a significant opportunity to develop a local asset-management industry.
Hedge Funds in India, MENA gain despite currency, commodity volatility
Hedge fund capital invested in Emerging Markets (EM) posted a narrow gain for the third quarter as EM, Currency and Commodity Volatility all increased...
S&P affirms Abu Dhabi’s ratings
S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...
The Winning Industries for World’s Richest People
The annual Billionaires Index was just released by Bloomberg. According to it, the total net worth of the billionaires included in the list has...
UAE bolsters Islamic Financial products to Australia thru second leg of...
The UAE is strengthening the exports of Islamic financial products and services to Australia through the second Islamic Financial Services Trade...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...
On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to...
Bank of Egypt waives charges on remittances in Egyptian Pound from...
All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been...
Emirates NBD region’s ‘Outstanding Private Bank’
Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore
Dubai shares slump to 7-year low
Dubai’s benchmark index fell to the lowest in almost seven years, as concern political unrest may spread to Saudi Arabia, the Arab world’s largest...
UAE ranked second top frontier market on Bloomberg Markets
According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second...
MENA M&A Market Stalls, During 2Q2015, Well Behind Its 3-Year Rebound
The MENA M&A market markedly regressed during 2Q2015, well behind its prolonged 3-year revived activity. The overall 12-month activity now falls short from a...
Barclays Capital launches enhanced FX Algorithmic Trading
Barclays Capital Launches Enhanced FX Algorithmic Trading
Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the launch of PowerFill+, a...
Destroying the Young with Permanent Bailouts
The tyranny of banking deposit insurance is leading young people to hate 'the market'...
Why aren't young people protesting against bailouts?
Younger adults are usually pretty...
Barclays Capital Investor Survey Finds Growing Confidence in Euro Area for...
Institutional investors overwhelmingly believe the euro area will be able to avoid a “full-fledged crisis,†according to Barclays Capital’s inaugural Global Macro Survey. More...
Facebook stock falls nearly 47% below IPO price
Facebook stock fell to a new low Thursday after the expiration of a ban that had stopped some investors and insiders from dumping millions...