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Tag: finance

Posted on 24/12/2016

17 UAE banks among top 100 Arab banks

BEITUT: A total of 17 UAE banks are among the 100 largest banking institutions in the Arab region, according to a new study conducted by the Union of Arab Banks, UAB. Saudi Arabia came second in the list with 12 banks, followed by Qatar (12 banks), Lebanon …
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Posted on 23/12/2016

Ajman Bank : ‘Ajman Bank’ signs a Joint Cooperation Agreement with ‘Takaful Emarat’

Ajman Bank’ signs a Joint Cooperation Agreement with ‘Takaful Emarat’ Ajman, UAE – Ajman Bank today announced it’s signing of joint cooperation with Emirates Takaful Company. The two sides shall work to conclude a new implementing joint cooperation …
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Posted on 21/12/2016

Emirates NBD launches game to improve financial literacy

Emirates NBD has launched an edutainment mobile game, Banki, to promote financial literacy in the UAE. Through its engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young age and consider careers …
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Posted on 21/12/2016

Credit Card Dubai by Smart Finance

Credit Card Dubai by Smart Finance – Explore different credit cards so you can choose the one that’s right for you. … one of the Best Credit Cards offers for Expats Living In UAE and Enjoy unmatched privileges and benefits with Dubai Credit Cards,By …
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Posted on 21/12/2016

Dubai named as hottest real estate investment market for 2017

Cluttons’ Middle East’s Private Capital survey revealed that Dubai had overtaken London as the most attractive … To illustrate the current state of alternative assets around the globe including hedge funds, real estate, managed futures, commodities …
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Posted on 21/12/2016

Hedge funds trim bullish bets on USA crude ahead of OPEC deal

Strength in Middle East crude benchmark Dubai may also further narrow its price gap against Brent, leading Asia refiners to buy more oil from the Atlantic Basin and the Americas, traders said. West Texas Intermediate for January delivery rose 5 cents to $ …
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Posted on 21/12/2016

Bad times ahead for public pension, insurance investors

Dubai: A significant number of institutional investors expect … increased target allocations to private equity and real estate. Overall, the appetite for hedge funds is seen receding with over a quarter of LPs planning to reduce their target allocations …
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Posted on 21/12/2016

MIDEAST STOCKS-Egypt hits record high, Qatar buoyed by $44 bln bank merger plan

DUBAI, Dec 20 Egypt’s blue chip stock index surged to a record … and up a spectacular 73.4 percent since the start of the year. Shares favoured by foreign funds were the top performers, with Global Telecom Holding leaping 12.9 percent.
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Posted on 21/12/2016

MIDEAST STOCKS-Egypt surges to fresh eight-year high, Gulf markets diverge

DUBAI, Dec 19 Egypt’s stock index surged 3.1 percent in … because it makes prices more attractive for foreign investors, and may drive local funds into stocks as a hedge against inflation. “The dollar rate is keeping up the appetite” for stocks among …
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Posted on 21/12/2016

100 Women In Finance Open the Market

Founded in 2001,100 Women in Finance (100WF), formerly 100 Women in Hedge Funds, has grown to an association of more … Singapore, Hong Kong, Dubai and Toronto. For further information: please visit www.100women.org
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Posted on 21/12/2016

US equities set to outperform other asset classes

Vijay Harpalani, fund manager at Al Mal Capital in Dubai, said 2017 appears to be another challenging … “Gold is perceived as a hedge against inflation and geopolitical uncertainty. Until mid-2016, gold prices were up 29 per cent, but after Trump …
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Posted on 21/12/2016

The Indian e-commerce wave is far from over

BigBasket raised $150 million in March from an investor consortium led by Dubai’s Abraaj Group … And, the fact that the biggest investor in the company, New York-based hedge fund Tiger Global Management, seems to have taken a back seat in its ongoing …
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Posted on 20/12/2016

Personal Loan Dubai by Doha Bank

Personal Loan Dubai by Doha Bank – The money you need when you need it. Whatever your desire, we can quickly arrange affordable finance with a rate that’s competitive and automatic repayments spread over 48 months or more. And we won’t leave you …
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Posted on 19/12/2016

Islamic Banking by Noor Bank Dubai

Islamic banking is banking that is consistent with Shari’a, and carried out in accordance with the rules of Shari’a known as fiqh mu’alamat, which means ‘rules of financial transactions’. One of the key highlights of Islamic banking is that it …
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Posted on 18/12/2016

Home loans could be easier next year

Many consumers in the UAE feel now is the right time to buy property, according to a report by financial comparison website Compareit4me.com. That might be good news for the real estate market, but how easy is it to get the necessary financing?
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Posted on 18/12/2016

UAE bad debts: How runaway borrowers can clear names, return to UAE

Legal experts had earlier confirmed that runaways can return to the UAE for work without landing behind bars. But first, they need to settle all their debts and, if an arrest warrant has been released or a case is still pending, they need to wipe their …
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Posted on 16/12/2016

Interest rate hike in UAE to bolster dirham

The UAE central bank raised interest rates applied to its certificates of deposits, which are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system. The Central Bank of the UAE on Thursday joined …
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