24/7 Multi-Asset Instant Settlement Network Launched
First network to offer 24/7 free instant settlement for fiat, digital assets and stablecoins
Launches with existing institutional network, including regulated digital asset exchange AsiaNext,...
DIFC New Leasing Law To Protect Property Owners, Tenants
New leasing regulation enhances the current real property regime at the world’s 8th ranked international financial centre
Clear robust regulations at the DIFC...
Regional Trading to Depend on Oil Prices Developments
Global equity markets recorded their second consecutive week of gains as investors seem to be encouraged with the progress made towards containing the coronavirus....
Coronavirus Prompts Growing Number To Re-evaluate Savings
The coronavirus pandemic has triggered a ‘significant rise’ in the demand for savings solutions, reveals one of the world’s largest independent financial advisory organisations.
deVere...
Regional Equity Markets To Remain Under Pressure
Global equity markets performed positively during the week as investors were encouraged by the progress and continued support from the Central Banks. Investors preferred...
Abu Dhabi, Dubai Financial Markets Ban Insider Trading
Abu Dhabi and Dubai Financial Markets announced the prohibition period for insider trading at public shareholding companies listed in the UAE capital markets, which...
Regional Markets Remain under Pressure due to Weak Oil Prices
Global equity markets performed positively during the week on the back of encouraging economic data and measures such as slashing tariffs on USD 75...
Market Volatility To Continue In Global Equities
Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week...
DIFC Reinforces UAE Government’s Efforts to Support Businesses
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...
Reopening of Global Economies, COVID-19 Developments to Influence Trading Activity
Global equity markets rebounded during the week, with the exception of the US markets. Sentiments were boosted by positive developments in the COVID-19 pandemic...
Kuwait Stock Exchange suspended trading until November 17
The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...
Gold spot price at $1,515
Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
DFMGI dropped 0.63%
Dubai Financial Market General Index (DFMGI) snapped a two-session upturn, dropping 0.63%, or 9.75 points, to 1535.67. The benchmark hit its highest and lowest...
UBS cut gold, silver price outlook for 2014
UBS Investment Research on Monday slashed its 2014 average price forecast for gold, saying that the yellow metal was unlikely to regain its positive...
Nasdaq Dubai to list new products, funds in 2013
Hamed Ali, CEO of Nasdaq Dubai, expects a better year for the market in 2013 in terms of new listings and trading volumes, according...
Dollar rallies vs Euro as unemployment rate in US falls to...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....
New personal loans system from May 1, 2011
A new retail loan system announced by the Central Bank earlier in 2011 aiming at regulating personal lending will be enforced on May 1,...