Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.
The benchmark rose 4.
The National Bank of Abu Dhabi (NBAD) has appointed Anton Martin the managing director & head of Sales in the Global Markets to lead marketing of NBAD’s institutional, corporate and credit products as well as structuring and risk solut
A flood of new orders gave a boost to European and Chinese firms in September, according to a clutch of surveys which added to evidence that the global economy is healing.
Monday's upbeat purchasing managers' indexes, surv
World shares, bonds and commodities steadied on Friday, a day after a sharp sell-off triggered by plans by the U.S. Federal Reserve to cut back its asset-buying programme.
Easing fears about a banking crisis in China also made for
Dubai has retained its position as the second most important international retail destination globally, closely behind London, which also retained its position, according to a new report.
London and Dubai are significantly ahead o
European shares fell for a second day running on Thursday, hit by evidence that the debt crisis has slowed euro zone economic activity and by persistent concerns about fiscal problems in the US.
Economic growth in Germany, Europe&
Asian shares advanced to their highest in nearly two weeks with risk appetite returning on signs that a trend of global recovery is stabilising, particularly in the US and China.
Positive U.S. private sector employment and consume
The prime office rents across 81 global markets have risen for the seventh consecutive quarter reflecting an 8.2 per cent uplift since the bottom of the market in fourth quarter of 2009 and a 5.5 per cent increase year-on-year, said a re
Financial markets kicked off 2010 on an upbeat note on Monday with world stocks driven close to 15-month highs by hopes of a sustainable economic recovery.
Wall Street looked set to open the year higher, but the dollar was weaker against a
Debt problems in Dubai hit global stocks, helped lift bonds and took the dollar away from a 14-year low against the yen on Thursday.
Gold climbed to a new record high before falling back as the dollar rose.
Banking stocks came unde