Dubai, Abu Dhabi Among Top Global Financial Centers
The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...
Gold tops $1300 after Fed meeting
Gold has topped $1,300 an ounce after the US Federal Reserve scaled back its outlook for interest-rate increases and Janet Yellen signaled rates may...
Angela Merkel insists that the euro will remain a strong
Angela Merkel, the German chancellor, has insisted that the euro will remain a strong and dependable currency.
She told Al Jazeera's Jane Dutton that Germany...
Financial Literacy for Individuals Becomes a Priority in UAE
UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’
Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...
Nasdaq Dubai Launches Futures On ADX Share Index
Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange, ADX, and Hamed Ali, Chief Executive of Nasdaq Dubai, rang the ADX market opening...
Cryptocurrencies See Short Term Bubble; Long Term Staying Power
The valuations and varieties of crypto-assets now available have raised fears of an overheated market
However, with smart regulation and further innovation, crypto-assets...
Funding Dubai SMEs: Challenges and Opportunities
Small and medium-sized enterprises (SMEs) play an important role in the UAE’s economy and contribute substantially to income, output and employment.
Acknowledging the importance of...
Barclays cuts 2016 gold and silver price forecasts, but safe haven...
In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017.
"Overall, while...
A few tips for property investors in 2016
2015 was a year of speculation and fluctuation, from oil prices to interest rates. But the global economic recovery, by and large, maintained an...
Regional Investor Appetite Shows Cautious Recovery
Investment trend likely points to oil as commodity inches towards $50
The second week of May saw buyers bravely step back into the markets after...
JLL’s Report Reveals New Opportunities for Investment in Healthcare
With the current shortage of hospitals, clinics and other healthcare facilities, an ageing population and the rise of medical tourism, there is a pressing...
Gold Prices To Remain Range-bound on US Dollar’s Bounce
Gold price retreated by the end of the last week since it settled on Tuesday at $1,279.40. Its highest level since June 8. It...
India ranks 3 rd in increase in UHNWI population over...
Mumbai and Delhi slated to move up to ranks 14 and 29 respectively by 2025
Knight Frank today released its 10th edition of the Wealth...
Equities set for a bear hug over the coming months
Goldman Sachs has downgraded its outlook on equities to "neutral" over the next 12 months, saying there's no particular reason to own them.
"Until we...
VAT Calculator, Tax Registration Number Verification Service Now Online
The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering.
The Federal Tax Authority...
Electronic IPO Services Highlighted at ADX
ADX hosts session on new Electronic IPO (eKtetab) services with leading UAE banks
Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, recently held...
Newcomers to UAE can now benefit from consumer finance products
Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking
Focus on customers with less than six month stay in...
Personal loans limit may be removed soon
New rules could allow loans of up to 50 times an applicants’ monthly salary
The draft of a new system for approval of personal...