02/03/2014
Noor Bank's Capital-protected Investment Product Linked to Gold Delivers 16.5% Profit for 18-month Period
The capital-protected investment, linked to gold, is part of Noor Bank 's wide-ranging Islamic structured products platform
Alternative Investments
02/03/2014
Dubai, Abu Dhabi Said to Complete Bourse Merger Due Diligence
Both companies are still considering how to progress after missing a previous deadline to complete the deal before the end of 2013.
02/02/2014
Arqaam becomes Nasdaq Dubai equities trading member
Arqaam Capital has become an equities trading Member of NASDAQ Dubai, in order to offer its clients exciting new opportunities as market activity increases on the region's international exchange.
02/02/2014
Qatar Investment Authority targets Limassol
The Qatar Investment Authority has shown interest into investing in property in the Limassol area, said Christodoulos Angastiniotis
01/31/2014
IMF warns on Dubai real estate bubble
The projects could also create additional financial risks for Dubai
01/31/2014
DFM net profit soars to $77m
Dubai Financial Market has posted a net profit of Dh284.6 million ($77.5 million) for 2013, as compared to Dh35.2 million in the previous year.
01/29/2014
Middle Eastern Investor to acquire UK commercial real estate
We are thrilled to have been chosen by this Investor to assist them
01/27/2014
Independent asset management company launches financial advisory services in Dubai
There is a growing demand for yield enhancing solutions in the Gulf Cooperation Council (GCC )and India
01/26/2014
Shuaa’s Emirates Gateway Fund named best UAE Equity Fund
Shuaa recently said its Emirates Gateway Fund has been awarded by MENA FM magazine as the best performing UAE Fund in the category best three-year performance.
01/25/2014
Dubai's real estate brokers earn AED1.8bn in 2013
The Dubai Land Department has announced that the total value of real estate brokers' commissions for 2013 totalled over AED 1.8 billion for all transactions.
01/20/2014
SAR1bn injected into 12 insurance firms' reserves
Twelve listed insurance companies have allocated SR1 billion to boost their technical reserves
01/20/2014
Luxury car maker delivers 46% MENA sales growth
The results exceed Jaguar Land Rover's global performance
01/17/2014
Dubai Group signs $10 billion debt restructuring deal
Dubai Group has signed a $10 billion debt restructuring deal
01/15/2014
Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building
Abu Dhabi Investment Authority is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore sovereign wealth fund GIC.
01/15/2014
QNB Group records QAR9.5bn net profit for 2013
The Group's prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 20.4 percent, which is considered one of the best ratios among financial institutions in the region.
01/13/2014
Dubai Debt Deal Imminent – Bankers
The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note
01/06/2014
Emaar set to launch sales at new Dubai development
Lila will feature 219 villas in five different types, ranging from three to five-bedrooms, each with private plots for gardens and outdoor decks.
01/03/2014
Qatar Holding acquires stake in Vente-Privée
Qatar Holding, the global investment fund controlled by Qatar Investment Authority, has acquired a minority stake in the French e-commerce company.
01/01/2014
ADX in Search to Award Market Making Licence
“This is a step in the right direction but it will take time to develop,” said Mohammed Yasin, the managing director of National Bank of Abu Dhabi Securities.
12/31/2013
UBL funds spread wings to UAE market
“ This approval is an encouraging step for us and a great source of pride as this is the first time that an Asset Management Company based out of Pakistan will offer a range of funds to the general public in UAE.”