State Bank of India launches Corporate Banking Services from DIFC
Global Fortune 500-listed State Bank of India (SBI), has started providing a complete range of banking services from its base in the Dubai International...
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...
Traders bullish on GCC bourses in 2014
UAE markets surged on Monday in an unusual year-end trend as investors bet on a bullish 2014 outlook.
Abu Dhabi’s index climbed 1.6 percent to...
DFM voted ‘Best Exchange for Investor Relations’ in the Middle East
Dubai Financial Market (DFM) has been honored with the 'Best Exchange for Investor Relations' in the Middle East award during the inaugural ceremony of...
New DIFC governor appointed
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...
KIPCO sells 39.2% stake in GIC to Fairfax Financial Holdings Ltd...
Kuwait Projects Company (KIPCO) said that it has signed a deal with Fairfax Financial Holdings Ltd (FFH.T) to sell a 39.2% stake in Gulf...
DIB named top performer in UAE banking sector in latest YouGov...
Bank recognised as leader in quality, value for money and corporate reputation in BrandIndex poll
Reflecting its unique heritage and focus on customer...
DED and Mashreq sign agreement to facilitate electronic payment of trade...
The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...
Liquidity stable in UAE banks
Real estate loans at the UAE banks stood at AED173 billion at the end of last year.
As liquidity is stable in the UAE banks,...
Sale Alert for Billionaires – World’s Smallest Country on the Market
Many celebrities and billionaires have their own island. They are willing spend tons of money to get a piece of land that will be...
DIFX rebranded NASDAQ Dubai
The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai DIFX, effective today.
NASDAQ OMX Group (Nasdaq:NDAQ), the world's largest exchange...
Fresh EU concerns prompt move to ‘Risk Off’
Growth Expectations Ease While Prospects of QE Return
Investors have scaled back both risk-taking and their expectations for global growth after concerns about European Union...
Foreign investors purchase AED 211 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 88.9 million during last week, and value of shares sold reached AED 72.8 ...
Standard & Poor’s Leaders’ Forum 2011 will be held in Abu...
Under the patronage of the UAE Ministry of Economy, Standard & Poor's Leaders’ Forum will be held on 15th November 2011 in Abu Dhabi....
Foreign investors net DFM buyers by AED 16.29 mln
Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...
Bank Stress Tests fail support the Euro due to questionable reliability
EUR/USD
Last week's trading has led to a doji candlestick formation on the weekly chart indicating a potential reversal lower for the pair....
Credit Suisse downgrads Dubai Financial Market
Credit Suisse has downgraded Dubai Financial Market’s rating to Neutral from Outperform while slashing its target price to from Dh2.20 to Dh1.40,...
Methaq Takaful Insurance Company to issue vehicle insurance policies online
Methaq Takaful Insurance Company announced that it has finalized the electronic link between its online platform and the Abu Dhabi E-Traffic services and Dubai's...