Recent Posts

New retail promotion to enhance National Day celebrations in Dubai

  Dubai / WAM The Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing (Dubai Tourism), will launch a new retail initiative, the National Day Sale, on the joyous occasion of the country’s 45th National Day. The National Day Sale, from December 1-3, will feature participating malls and retail outlets offering shoppers mega discounts ...

Read More »

Abu Dhabi hit after bank merger talk quashed

  DUBAI / Reuters Shares of three of Abu Dhabi’s top lenders pulled back on Sunday after the banks denied they were in merger talks, while Saudi shares were hit by profit taking. Egypt’s stock market gained as foreign funds continued to accumulate blue chips. Abu Dhabi’s index dropped 1.7 percent as Union National Bank retreated 5.2 percent and Abu ...

Read More »

Biggest comeback breathes life into Japan’s equity bulls

  Bloomberg The global stock market’s biggest comeback story of 2016 isn’t over yet. So say Citigroup Inc., AllianceBernstein and Bordier & Cie, who all see further gains for Japanese shares after the Nikkei 225 Stock Average climbed more than 20 percent from this year’s low. The $5 trillion market has outperformed all its developed-nation peers since late June, buoyed ...

Read More »
Send this to a friend