Search Results for: Dubai Financial Market
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
LinkedIn reveals UAE’s most powerful profiles
January 23rd, 2017
LinkedIn has released its first ever list of the most powerful profiles in the UAE. Based on the most views, the world’s largest professional network has revealed its UAE 2016 Power Profiles list, which includes 45 profiles of CEOs ...
Man arrested for an allegedly $300 million Forex Ponzi scheme scam
January 4th, 2017
The arrest of a man who allegedly peddled a $300 million (Dh1.1 billion) Ponzi scheme as a foreign currency trading programme has come as a ray of hope for residents, many of whom have lost their entire life’s savings ...
ADX introduces the Technical Short Selling service by the beginning of 2017
December 28th, 2016
Abu Dhabi Securities Exchange (ADX) has started the technical short selling service by conducting meetings with brokerage companies in Abu Dhabi and Dubai, in order to begin the official introduction early next year. “This service is part of continuing ...
6 key trends that will shape the UAE real estate industry
November 28th, 2016
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up prices in this segment, enabling it to outperform a broadly lackluster market that remains pressured by low oil prices ...
Abu Dhabi Securities Exchange launched Blockchain for eVoting Services
October 17th, 2016
Abu Dhabi Securities Exchange (ADX) announced in GITEX Tech Week its launch of Blockchain technology for eVoting services. The launch is considered the first of its kind for the MENA region financial markets as it employs the latest innovations ...
Avelacom entered into a partnership with DGCX
October 11th, 2016
The partnership expands options for financial services industry to speed up their trading and identify new arbitrage trading opportunities across key financial and commodity derivatives markets. Avelacom will provide DGCX members with added connectivity choices and infrastructure solutions. The ...
Startupbootcamp to open support program for fintech startups in Mumbai
September 30th, 2016
Leading startup accelerator Startupbootcamp will open its first program in India aiming to support 10 fintech startups in Mumbai. The accelerator will provide successful applicants with a US$16,830 grant and office space for at least three months as well as mentorship ...
Global law firm Baker & McKenzie announced 85 partnership promotions
June 29th, 2016
Combining this year’s promotions and new lateral talent, the Firm added 150 partners. Premier global law firm Baker & McKenzie announces election of 85 new partners. This latest investment in the Firm’s expertise grows the total number of partners ...
The Top Companies in the Arab World 2016
June 2nd, 2016
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...
