High frequency trading or HFT is one of the tools used nowadays by trading houses in order to carry out huge amounts of trades. These are based on algorithms and computer generated softwares which track the market in terms...
Saudi banks urged to shun conservatism to optimize and benefit the long term health of the Saudi economy and its banking sector.  Alkhabeer Capital, a leading asset management and investment firm based in Saudi Arabia, and authorized by the Capital...
The economic boost in the Middle East has also extended to the stock market and stock market indices in the region. Most significant in this context are the stock markets in the UAE and Qatar which have gone up...
JLL Survey Highlights Dubai amongst Global Metropolises with Stronger Economic Trends In order to determine and map out the futuristic developmental trends of leading metropolises, leading global property consultants, Jones Lang LaSalle (JLL) carried out the first City Momentum Index...
Middle East and North Africa banking and securities companies' software spending to hit $12.8 billion in 2014 Software spending for the Middle Eastern & North African banking and securities Firms is forecast to grow at 10 percent in 2014, thanks to...
Africa and Middle East Witness Increased M&A Activity: While Limited Confidence and Currency Fluctuations Influence Global M&A Deal Volumes Deals involving high growth markets (HGMs) fall to levels reminiscent of the lowest point of the global downturn Middle East and Africa...
S&P reaffirms Kuwait's AA rating and has given the country a 'stable' lookout thanks to its existing resources of crude oil. Amidst the growing turmoil that some countries are facing with regard to their credit rating in the international market,...
Deloitte Survey Reveals Changing Preferential Moods: From China to the Middle-east  Despite the gloom and doom that overrode most of the global economy in 2013, the Asian economic giant China notched some significant successes as far as its economic activities...
Overall Global Economy to See 3.3% Growth in 2014. IHS Top10 Predictions foresees an end to “wallowing in an economic soft patch." After wallowing in an economic “soft patch” for the past two years, the global economy is likely to emerge...
For all of us the New Year represents a lovely, large, blank canvas, which is all yours to paint in whichever colors you choose. So what do you want to achieve in 2014? A good New Year list will...
Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey represent 78% of global Islamic banking assets: EY -          Global Islamic banking assets with commercial banks are expected to reach US$1.72 trillion in 2013 -          Islamic banking assets with commercial banks globally reached...
EU, US firms set to regain lost Iranian trade on the back of temporary trade relief. The West may have singled out Iran's automotive and aviation sectors for temporary sanction relief, but a much wider group of European and U.S....
World Market Updates: Brought to you in association with Dubai Gold and Commodities Exchange (DGCX) Academy MARKET PULSE Fed. chairman nominee Janet Yellen said the economy is performing "far short of it's potential." Forecast: Fed will pare QE to $70 billion at...
The outlook for the UAE's banking system has been changed to stable from negative, says Moody's Investors Service in a new report published today. The outlook change reflects the continued improvements in the operating environment, as well as the ongoing...
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD, rang the opening bell at Dubai Financial Market (DFM) today to celebrate the listing of two Sukuk by Emirates Islamic Bank (EIB) on NASDAQ Dubai. EIB’s choice of the region’s...
What are the biggest mistakes to avoid when it comes to your pension? All too often I’m immersed in the reality that so very many individuals I work with are putting planning for their financial future on the back burner....
The first thing any individual needs to do when they undertake any sort of financial planning is to seek out a reputable and regulated advisor and firm. There are many firms to choose from, particularly in the Middle East....
Today's ECB meeting and subsequent speech by Draghi will shape the future outlook in the markets and will define future policy directions. Words used by influential policymakers often work effectively to shape the future of the financial markets. ECB Chairman,...
Two of the biggest economies of the Gulf Cooperation Council (GCC), UAE and Saudi Arabia are moving quickly towards cashless transactions. China (55%) and the UAE (26%) topped the list of countries adopting cashless transactions. Mastercard Advisors new global report The...
Mashreq CEO highlights growing role of Dubai as global hub for trade and finance The Middle East & Africa day at Sibos began with a speech by Alain Raes, Chief Executive, EMEA & APAC at SWIFT, who then introduced to...
The nomination of the new Fed Chairman has raised key questions about the effects on world markets and new policy going forward. As Larry Summers drops out of contention to become the next Federal Reserve Chairman, it seems the new...
Banks prioritise automation and efficiency in payments and trade finance to grow their transaction banking business 69 per cent cite operational inefficiencies as a barrier to growth in core businesses Cross-border payments processing the top priority for investment globally 84 percent said...
It seems the Indian rupee is still susceptible to volatile price swings -- first seen in the 1990's -- and that vulnerability was recently exposed when the rupee fell to an all-time low of nearly 70 rupees per dollar. The...
A new report shows Islamic banking in Oman is expected to support the financial sector in the Sultanate. Published by the rating agency Moody’s, the report is titled 'Islamic Banking in Oman: Solid Growth Prospects Moderated by Industry Challenges’. It says...
According to a new survey by Deloitte, financial institutions around the globe are seeking to increase focus on risk management owing to heightened regulatory scrutiny and greater concerns over risk governance. In response, banks and other financial services firms are...
Chasing India's currency problem. It seems that India is constantly a step behind in the present investor confidence plunge in the country. With a lack of control over the falling currency, investors are leaving the country as capital outflows increase. The efforts...
In a fresh development, the central bank of United Arab Emirates has agreed to conditionally remove a UAE loan transfer ban on personal loan transfers between the various UAE banks. The central bank imposed a three month ban on the...
Barclays is carefully assessing its UAE retail banking operations and may consider options that could lead to a sale of the business. Sources familiar with the matter have disclosed that the British bank, fourth-largest by market value in its home...
Dubai’s Islamic bond gains squash concerns that another real estate bubble may be forming. The Emirate’s real estate sector continues to perform strongly, but the IMF is warning the government to be ready for a timely intervention. In the aftermath...
The Abu Dhabi Investment Council has partnered with two other Japanese investors to buy a billion dollar Tokyo office tower. Market information shows that this is the biggest property deal in Japan since February, and the largest involving a foreign...