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News

10700

Is it now a good time to invest in Dubai...

July 31, 2016 | 17:05 | Dubai Dubai is well on the way to a strong market recovery and that now is a good time to…
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Oil falls to 3-month lows. Will prices r...

July 28, 2016 | 10:30 | Dubai On Tuesday, crude oil prices dipped to three-month lows of $42.36 a barrel, down 12% in July alone. After…
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The Month That Was: How Global Share Mar...

Dubai | June 1 | 12:30 Best…
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The Economics of Remittance to India fro...

May 23, 2016 | 13:35 | Dubai The Gulf Cooperation Council (GCC) lost some charm for India last fiscal, both as a destination for exports…
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Global economy grows slower, but markets...

US economic data produced somewhat mixed signals in March, with the weaker indicators leading to a reduction in consensus forecasts for first-quarter 2016 growth. But,…
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Dubai’s Emaar unveils plans for 35 new...

Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, today announced its expansion plan, highlighted by 35 new hotels and serviced…
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‘World in the Grip of an Unwarranted E...

The last one month has seen a sudden change in the gloom and doom which engulfed the globe in the beginning of the year. Stock…
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What’s pushing UAE residents into debt...

UAE residents adopting a lavish lifestyle and taking out excessive loans they cannot afford are increasingly putting themselves at risk of long-term debt, according to…
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VAT Could Be A Reality If Oil Woes Conti...

If the oil slump continues beyond the near term, most oil exporters in the GCC are expected to move more seriously towards a fiscal consolidation…
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DFM Enrolls Brokerage Firm

Dubai Financial Market (DFM) has accredited Al Hadaf Financial Securities to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this…
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National Bonds’ Products Give Up T...

National Bonds, the sharia-compliant savings and investments schemes provider in the UAE, has announced that its savings and investments products provided up to 4% annual…
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Amlak Finance’s Net Profit at AED ...

Amlak Finance, a Dubai-based real estate financier in the Middle East, recorded net profit attributable to its equity holders (after non-controlling interest) of AED59 million…
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Gold, Stocks, Bonds Less Attractive To G...

The GCC-based High Net Worth Individuals (HNWIs) prefer to invest more of their wealth in their own business and the real estate rather than in…
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Air Arabia Announces 9% Cash Dividend

Following the conclusion of its Annual General Meeting (AGM), the Board of Directors of Air Arabia announced that the assembly has approved the distribution of…
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Fitch Upgrades 7 Qatari Banks

Fitch Ratings upgraded the Long-term Issuer Default Ratings of Commercial Bank of Qatar, Doha Bank, Qatar Islamic Bank, Al Khalij Commercial Bank Qatar International Islamic…
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Investcorp Portfolio Company L’Azurde ...

Bahrain Bourse-listed Investcorp, the asset management firm specialising in alternative investments, announced that its portfolio company L'azurde, one of the world's top five gold jewellery…