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Hedge funds trade in narrow range in April

HFRI April decline pares YTD gains to +4.4 percent Relative Value Arbitrage posts fifth consecutive monthly gain Hedge funds posted a narrow decline to begin 2Q12,...

DFM launches iVESTOR Shabab card

The Shari'a compliant card enables parents to track their children's expenditure, and entitles holders to receive a DFM Investor Number The new card emulates the...

LUUP and Emirates International Exchange to Roll Out Comprehensive Mobile Wallet...

Luup International Ltd., a leading mobile payments solutions provider of Norwegian origin, and Emirates International Exchange (EIE), a leading exchange house in the United...

Emirates NBD Launches IPO Subscription Website

Fully digital platform to support investor participation ahead of upcoming listings on DFM Individual investors to benefit from seamless, paperless journey from subscription to payment Real-time...

Emaar Properties records net operating profit of US$ 1.193 billion in...

Full-year revenue grows 33% to AED 13.661 billion (US$ 3.719 billion) Recurring revenue from shopping malls & retail and hospitality & leisure businesses in 2015...
Ministry of Finance (MoF) has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package.

Unprecedented Demand for The UAE’s Multi-Tranche Sovereign Bond Package

The UAE Government, represented by the Ministry of Finance (MoF), has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package, which...

Gold prices trade near highest in more than two years

ETF holdings rise 37% this year as Brexit vote adds to inflows Global gold holdings topped 2,000 metric tons for the first time in three...

Coronavirus Could Push Global Economy into Recession, Investors Warned

Coronavirus and heightening geopolitical and trade tensions can be expected to drive the world to the brink of a global recession this year. Investors...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...

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)...

Regional financial markets turning greener

Financial markets observers believe that the local stocks have bottomed out during the past two weeks.

Bankruptcy and Financial Restructuring Law to apply to individuals in UAE

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

FAB Wealth Sentiment Index up 1.56% in June

Index score increases from 1038.28 in May, to 1054.52 in June 2017 First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Emirates NBD opens new branch in Muraqqabat

Largest branch in Deira to serve busy business district Offers Retail, Priority and Business banking services under one roof Emirates NBD, a leading bank in the...

Al Etihad Credit Bureau Completes System Integration with Dubai Courts

Al Etihad Credit Bureau (AECB) today announces it has started including court-ordered payment obligations from Dubai Courts in its Credit Reports, upon completing system integration...

Retail loans expected to lift earnings for UAE banks

Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...

First Home-grown Wholesale Islamic Bank to Open in DIFC

Dubai Investments PJSC , the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors...