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DAMAC planing IPO

Damac Properties is planing to launch an initial public offering (IPO) of its shares. The listing on the Dubai Financial Market (DFM) will be executed...

DIFC to become hub for Family Offices

New regulations provide platform for setting up family holding companies at DIFC The Dubai International Financial Centre (DIFC) today announced new regulations to encourage family...

New Arbitration Law of DIFC

HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has enacted the new Arbitration...

Sovereign Wealth Funds may change direction of investment flows

Restrictions by the United States and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head...

Banking on the future

The Emirates National Development Program (ENDP) and HSBC are coming together for an initiative that will, in the coming year, train and develop 200...

DIFC Seminar to explore opportunities in the regional funds industry

The Dubai International Financial Centre (DIFC) will host on Wednesday, August 27, an industry seminar to shed light on how financial services companies...

Foreign investors purchase AED 1.117 billion worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...

Dubai First launches complete corporate solutions payment package

Dubai First MasterCard Corporate Card Sets New Service Benchmark Dubai First, the consumer finance company of Dubai Group, a member of Dubai Holding, in association...

Dubai Investments unveiled mixed-use project Mirdiff Hills

Part developer of some of the most popu­lar residential communities in town, Dubai Investments has lifted the curtain on Mirdiff Hills, a Dh2 billion...

DIFC releases report on progress towards GCC monetary union

A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was...

The introduction of VAT will be delayed

A senior official at the Federal Customs Authority Saeed Khalifa Saeed Al Marri, Deputy Director-General of the UAE Federal Customs Authority, was quoted by...

HSBC supports 100 Nationals to enter world of finance

An agreement was signed today between HSBC and the National Institute for Vocational Education - NIVE - to give 100 National students the chance...

Mortgages for the self-employed

Securing a home loan in Dubai is rarely a straightforward process, but some situations and circumstances make the process even more challenging. Among the people...

Foreign investors purchase AED 1.916 billion worth of shares on DFM

Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (03 August -...

Increase in retail sales expected during DSS 2008

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres

Islamic banking makes rapid strides

Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...

The best Chief Information Officer (CIO) of the year

Dr. Akl Noun, Head of IT at the Abu Dhabi Investment Company (ADIC) has been selected the best Chief Information Officer (CIO) of...

The Significance of GCC Sovereign Funds

A fundamental shift in global finance has thrown the GCC countries into full glare of the world spotlight amid surge of GCC sovereign funds. The...