UAE's first residential 'REIT' comes into being

Emirates REIT is listed on Nasdaq Dubai with a Dh2.8 billion portfolio of office buildings ... allowing the REIT to build-up a large portfolio in order to prepare for an IPO. According to Sylvain Vieujot, Chairman of Equitativa, “We believe this is ... ( read original story ...)

NSE Selects IDFC Chief Vikram Limaye As New CEO And MD

At present, Limaye is in Dubai to attend a meeting of the International Cricket Council (ICC). The appointment comes at a time when the exchange is preparing to launch its IPO estimated to be worth over Rs 10,000 crore. Besides, the bourse is facing ... ( read original story ...)

Global Investment Banking Internship Program

Global Banking Training - Dubai - 2 month Elite Global Investment Banking Internship is an unique opportunity to gain client-facing experience of real world transactions and working knowledge for Investment Banking, Private Equity and Hedge Fund careers. ( read original story ...)

S&P affirms Abu Dhabi’s ratings

We estimate the UAE's gross external financing needs at almost 115 per cent of usable reserves of the UAE central bank and CARs on average over the same period. “We expect the UAE dirham's exchange rate peg to the U.S. dollar will remain in place over ... ( read original story ...)

What about a poetry evening in Dubai today?

An annual poetry symposium, The Poetic Heart, is bringing together 12 poets from different nationalities, mature and young poets, at Emirates Institute of Banking and Financial Studies auditorium located at Dubai International Academic City today and tomorrow. ( read original story ...)

The bears gain control of UAE markets

then Ajman Bank could eventually hit 1.84 at a minimum. Bruce Powers, CMT, is chief technical analyst at www.MarketsToday.net. He is based in Dubai. ( read original story ...)

Here are four tips to help you secure a personal loan in 2017

So if you're earning Dh10,000 per month, but you have to pay out Dh5,000 per month on credit card and loan payments, your debt-burden ratio is 50 per cent - the legal limit in the UAE. When it comes ... line as soon as a bank grants you an approval for ... ( read original ...

Alternative financing options for the GCC

Besides having access to bank loans at competitive rates ... as opposed to the main Tadawul exchange. In the UAE, to facilitate bond issuance by SMEs, the minimum issue size of bonds has been decreased from $13.5m to $2.7m, which could increase SME ... ( read original story ...)