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...
Once Again! Long-term Bullish on Emerging Markets
Analysts at Bank of America Merrill Lynch reversed their five-year bearish call on emerging markets to a long-term bullish view, predicting that the chumps...
Al Etihad Credit Bureau begins the issuance of consumer credit reports
Al Etihad Credit Bureau has commenced the issuance of consumer credit reports to banks and financial institutions that have submitted historical credit data to...
Real Estate emerges as the preferred asset class for Middle East...
Middle East sovereign investors have focused on increasing allocations to infrastructure and private equity over the last two years; however attitudes have changed in...
Crude Oil Trades Near 29-Month High as Middle East Unrest Continues
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As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...
DGCX Records Its Highest-Ever Daily Volume
The Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, recorded its highest ever daily volume on September 27,...
People in UAE can now pay Zakat and alms fees through...
In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...
Management Accountants Optimistic About Future Earning and Learning
“Never better time to be a management accountant”
Pay levels for management accountants are performing well against the backdrop of low global inflation.
The latest annual...
What Changed in Swiss Gold Banking?
What the Swiss banks' move away from unallocated accounts says about gold, and about banking...
IMAGINE you could sell someone something, but keep ownership of...
US Dollar Remains Weak despite Dip in Commodity Prices
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...
Varengold Adds 15 Currency Pairs
Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian...
DIFC Named Best ‘International Finance Centre’
Dubai International Financial Centre (DIFC) has received the ‘International Finance Centre’ award at the WealthBriefing European Awards 2018, reinforcing its position as the leading...
Fundamental Analysis vs. Technical Analysis
A lot of people are now trying to accumulate more wealth through forex and stock trading. If you are planning to make money in...
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...
Real Estate Still Top Investment for UAE Residents
Real estate is the most popular class for investment for UAE residents, according to a new survey. Although investors prefer property over the traditional...
DAFZA is Ranked First Globally by the Financial Times’ fDi Magazine
Dubai Airport Freezone (DAFZA) has been ranked 1st globally by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards...
Pride and Frustration in Gulf Banks
Staff in Gulf banks are both proud of, and frustrated by, their work, according to Hay Group. Research conducted in the region by the...
Could gold price reach $2100 this time?
On September 6, 2011, gold price reached an all-time high of $1921.50. At the time, bullish traders believed the precious metal could power even...