Search Results for: Dubai
KPMG forecasts more pain for Dubai housing
February 15th, 2016
House prices in Dubai will continue to suffer this year as cheap oil and the strong US dollar push properties beyond the means of many overseas investors, according to the latest report from consultants KPMG. The low global price ...
Dubai economy picks up with tourist activity on the rise
December 14th, 2015
Dubai’s economy picked up in November as tourist activity increased against the previous month, an economic survey of the emirate shows. The Dubai economy tracker, a survey of business conditions in the emirate, rose to 53.4 in November, up ...
Dubai gold prices down for second day
November 19th, 2015
Retail rates drop by Dh2 per gram in two days as US dollar strengthens Gold extended its loss for the second straight day, dropping by as much as Dh2 per gram on Wednesday morning, as the US dollar climbed ...
ICM Capital Announces Local Dubai Partnership
November 11th, 2015
ICM Capital Limited has announced an inaugural UAE partnership with the esteemed brothers Mohammad and Abdulla Habib Al Mulla. ICM Capital, an FCA regulated online trading services provider for retail and corporate clients, are celebrating this milestone in their ...
Dubai private sector growth hits five-year low amid ‘travel and tourism contraction’
November 9th, 2015
Dubai’s private sector recorded its slowest growth in more than five years last month. Expansion of business activity was at a 68-month low with a slowdown in the travel and tourism sector particularly prominent, according to the Emirates NBD ...
IG Group opens first Middle East office in Dubai
September 11th, 2015
New office will give UAE investors 24 hours a day access to over 10,000 financial markets Two thirds of UAE residents want to learn more about trading financial markets IG Group (‘IG’), the world’s leading online trading company, announces ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
Dubai Gold and Commodities Exchange appoints new CEO
August 20th, 2015
DGCX has issued a press release to inform that Gaurang Desai has been appointed as Chief Executive Officer. Gaurang is the founding member of the team that setup DGCX in 2005 As one of the founding members of the ...
Beltone joins Nasdaq Dubai as a Member and market maker in equities
August 17th, 2015
Collaboration underlines growing Egypt-UAE capital markets links Market making supports liquidity and trading activity Beltone Market Maker, a subsidiary of Beltone Financial Holding, one of Egypt’s leading investment banks, has joined Nasdaq Dubai as a Member and will provide ...
Dubai Financial Market profit plunges 69 per cent over oil worries
April 27th, 2015
The Dubai Financial Market, the UAE’s biggest stock exchange, said its first quarter profit slid 69 per cent as investor concerns over oil prices dampened trading volumes. The DFM, which makes most of its money on trading commissions, said net ...
