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The value of stocks sold by foreign investors during the same period reached AED2.891 billion, comprising 30.7 per cent of the total value of stocks traded during the period.
A particular focus of the discussion was the need within the UAE for an Arbitration Law meeting the highest international standards.
A senior delegation from Dubai Islamic Bank (DIB) Group met in London with a large group of UK-based institutional investors and highlighted the strength of both DIB and the Islamic finance sector.
High-profile London-based investment institutions and funds took part in the conference, including Citigroup, Deutsche Bank, Morgan Stanley, Merrill Lynch and others.
Tamweel PJSC has showcased its robust performance, positive outlook for the remainder of 2007 and the growth prospects for the Islamic real estate finance market as a whole during a recent International Investor Conference held in London and organised by the Dubai Financial Market (DFM).
Abu Dhabi’s leading developer to exhibit world-class retail projects at the three day international retail real estate event.
Institutional investors have become increasingly worried about inflationary pressures and are bracing themselves for higher long-term and short-term interest rates, according to Merrill Lynch’s Survey of Fund Managers for June.
Standard and Poor’s has announced the launch of credit risk training services in the Gulf, underscoring its commitment to educating investors, issuers and intermediaries across the region about credit risk and fostering the development of a ratings culture.
Dubai Quality Group (DQG), a non-profit organization dedicated to raising the general performance level of the local business environment, has announced that it has recently approved Jenan Al Ghurair Foods as its newest investor partner, opening up new channels to enhance the food manufacturer's best practices and growth initiatives.
Value of shares bought by institutional investors reaches AED 1.216 billion during last week.
Prices of gold and silver have been declining for the past two weeks. The global market economic situation is pushing investors to sell assets in order to raise cash.