International Finance

Tag : UAE

Economy

Hiring on the decline in UAE

Highest decline is in the hospitality and oil & gas industry Suparna Goswami Bhattacharya November 7, 2016: The number of job opportunities in the UAE is on the decline. The latest Monster Employment Index (MEI), a monthly gauge of vacancies posted by employers and websites in the Middle East, shows that job opportunities dropped by...
Finance Wealth Management

Emirates REIT now world’s largest listed shari’ah compliant REIT

Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...
Economy

UAE leads Arab countries in 2016 Global Innovation Index

UAE ascends six places to 41 globally August 16, 2016: The UAE showed a significant improvement in its innovation standing on the 2016 Global Innovation. The UAE ranked first among Arab countries and 41st worldwide in terms of overall performance on the index, up from second in the Arab World and 47th globally in 2015....
Economy

UAE National Committee for the WTO holds meeting in Abu Dhabi

Discusses outcomes of ministerial meeting and trade policy review results July 13, 2016: The UAE National Committee for the World Trade Organization recently held its seventh meeting at the headquarters of the Ministry of Economy in Abu Dhabi which was chaired by H.E. Eng. Sultan Bin Saeed Al Mansouri, Minister of Economy. The meeting was...
Business Leaders

Green buildings: Paris achieves top rank

Singapore and London are ranked second and third, respectively IFM Correspondent July 8, 2016: Paris has taken the numero uno rank in the Top 10 global cities for green buildings, according to a recent white paper published by Solidiance, a management consultancy firm in Asia. It is followed by Singapore and London. The methodology used...
Economy

Ministry of Economy heads UAE team at Astana Economic Forum

Representatives from private sector also participate June 6, 2016: A high-level delegation from the UAE, which was headed by the Ministry of Economy, has revealed their successful participation at the 9th Session of the annual Astana Economic Forum, a leading platform for international dialogue that enables constructive discussion of economic development issues concerning both Central...
Fintech

Menacorp is DFM’s top brokerage firm for Q1 of 2016

UAE’s leading financial services firm has maintained top position since 2013 April  4, 2016 – Menacorp, the UAE’s leading financial services firm, has touched another milestone after securing the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016.  Menacorp has maintained...
Economy

Egypt betting big on a new capital

President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...
Islamic Banking

The dispute resolution conundrum of the Islamic finance industry

The industry cannot survive without solid and uniform regulation, a unique and independent dispute resolution framework and a bankruptcy court Camille Paldi December 12, 2014: As we hear news of the rapid growth of the Islamic finance industry with billion dollar banks, huge dollar sums of Islamic assets, sukuk issuances and the expansion of Islamic...