The Dubai Financial Market general index closed 1.5 per cent lower at 2,635.78, snapping a rally seen for the past two weeks. The index had gained 8 per cent in the past 10 sessions.
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Dubai World Insurance Congress embraces innovation in insurance
Dubai International Financial Centre (DIFC) co-hosted the third edition of the Dubai World Insurance Congress (DWIC) to discuss the opportunities in the evolving insurance and reinsurance sectors. The …
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DeVere buys second UAE firm this month
Financial advice business DeVere has bought a wealth management company based in the United Arab Emirates for an undisclosed sum, the second this month. The acquisition of Credence International will …
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General Manager – Automotive Finance & Insurance – Al Tayer Group LLC. – Dubai Jobs
To lead the Finance and Insurance (F&I) department and develop product offerings for Al Tayer Motors customers, designed to drive profitable growth. Manage relationships with F&I service providers whi…
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UAE firm to develop $5bn solar scheme in Bangladesh
UAE’s Almaden Emirates Fortune Power will along with its Bangladeshi partner and AIDA also work on managing development and transaction teams across geographies and environments. Dubai-based Safa Capi…
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Multibillion-dollar debt crisis looms for Dubai
A decade ago Dubai suffered a near-calamity during the global financial crisis. At the time it needed a massive bailout, which was provided by the National Bank of Abu Dhabi along with the UAE’s centr…
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The UAE Prefabricated Building & Structural Steel Market (2019-2024): A $1.4 Billion Opportunity, Growing at a CAGR of 7.2% – ResearchAndMarkets.com
The “UAE Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering. The U…
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The business case for gender diversity: GTR Women in Trade Finance in Dubai
Driving gender diversity and inclusion is not only the right thing to do – it also makes good business sense. That was one of the key points made by Rana Nawas, the keynote speaker at GTR’s latest Wom…
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Update Emirates ID today or lose your bank access
The UAE Central Bank’s ruling to have Emirates ID details of all resident banking customers updated will contribute to enforcing best practice KYC (know your customer) in the financial sector and in h…
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Why UAE markets are looking good in 2019
The optimism in the equity markets will be one of the important factors in reviving IPO activity in the UAE. Another important impetus for the UAE IPO market will come from the listing of well-perform…
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deVere CEO acquires UAE wealth adviser, Credence International
The CEO of one of the world’s largest independent financial advisory organisations has acquired Credence International, a UAE-based wealth management and advisory company, it has been announced. Nigel …
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Dubai Property Giant’s Fabulous February Tests Sentiment
Emaar Properties’ rally has helped Dubai’s benchmark stocks gauge to bounce back from … the downside” The flows into the companies specifically “were driven by hedge fund money” Ayub Ansari, senior …
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Dubai stocks rally hits pause
The Dubai Financial Market (DFM) general index closed 0.30 per cent lower at 2,675.80. The index has been moving positive and negative territories in the past two sessions, after gaining 7.5 per …
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Dubai Property Giant’s Fabulous February Triggers Sentiment Test
Emaar Properties’ rally has helped Dubai’s benchmark stocks gauge to bounce back from … the downside” The flows into the companies specifically “were driven by hedge fund money” Ayub Ansari, senior …
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Bahrain’s Mumtalakat open to McLaren IPO, despite Brexit uncertainty
Bahrain’s sovereign wealth fund remains open to an initial public offering of McLaren Group … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straigh…
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9 common financial mistakes UAE residents make – and how to avoid them
Everybody makes mistakes but if you mishandle your personal finances it could cost you a small fortune. Buying poor performing investment plans, not having an emergency fund or failing to prepare for …
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Dubai Financial Market : FinTech experts call for further regulations to bolster tokenisation in the UAE
International law firm, King & Wood Mallesons (KWM) hosted a recent event in Dubai International Financial Centre to shed light on an increasingly popular method of raising project funding – Security …
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