Dubai-based deVere Group buys private bank in the Caribbean

DeVere Group, a global financial advisory company, said it has expanded into private banking by buying St Lucia-based Arton Bank. The Dubai company, which has been beefing up its presence in the Arabian Gulf in recent years, will be wading into a crowded ... ( read original story ...)

Dubai emerges as new Asia finance hub, DFSA says

Dubai: Dubai Financial Services Authority (DFSA) chairman Saeb Eigner said Chinese, Japanese and Indian banks topped the asset lists at Dubai International Finance Centre (DIFC), marking a shift in global trade to Asia. Speaking at the Asian Financial ... ( read original story ...)

UAE’s judicial system, police services ranked best in region

Dubai: The UAE is ranked first in the Arab world and among top 25 countries around the world in 2017 for the efficiency of its judicial system. The National Agenda Index pointed out that the UAE achieved those ranks in the ‘Ease of doing business ... ( read original story ...)

UAE investments in India likely to go up

manufacturing and energy sectors due to the visit of Abu Dhabi Crown Prince,” Gary Dugan, chief investment officer at Emirates NBD, told Gulf News. He said India has been focusing on developing its manufacturing sector through Make in India initiative ... ( read original story ...)

Hedge funds make record bet on rising oil price

However, despite the lack of headline price movement, the Financial Times reports hedge funds and other institutional investors ... a fuel broker at Freight Investor Services in Dubai, told Reuters. Crude futures have fallen five per cent since their ... ( read original story ...)

UAE contingent to lead Republic Day parade in India

New Delhi: A contingent of 179 UAE soldiers will lead the Indian Republic Day parade this year. The UAE has sent 195 soldiers, 15 officers and 15 support staff. Of these, 144 soldiers and 35 band members will be part of the parade, said Maj Gen Rajesh ... ( read original story ...)

Dubai airport named world's busiest international airport

DUBAI, United Arab Emirates - Dubai remains home to the world's busiest international airport after seeing 83.6 million passengers in 2016. However, the figures released on Tuesday by Dubai International Airport fall short of an estimate of 85 million ... ( read original story ...)