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UAE financial services firms form groupA group of leading financial institutions in the UAE have established the Financial Services Association (UAE), the first of its kind; a non-profit policy development and trade association for the financial services sector. Such associatio More… |
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Dubai investor fined $9.6m by UK bodyA Dubai-based private investor has been fined a record $9.6 million for manipulating the securities of Indian refining giant Reliance Industries on the London Stock Exchange. Britain's Financial Services Authority (FSA) said on Wednesd More… |
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DME suspends Lehman's Dubai unitThe Dubai Mercantile Exchange on Tuesday said it had suspended the membership of Lehman Brothers' Dubai unit, according to Reuters. 'The Dubai Mercantile Exchange Limited (DME) hereby notifies DME Members of the Suspension of Membe More… |
