04.10.2012 - Shuaa Capital soars as bank unveils new strategy, applies for Islamic banking licence
Shuaa Capital soars as investment bank presents strategy, applies for Islamic banking The Dubai Financial Market General Index (DFMGI) gained 1.20% to reach 1,623.24, the highest index level since May 1 2012, amid strong trading volumes. According to bank HSCB, the headline seasonally adjusted HSBC United Arab Emirates PMI™ - a composite indicator for the performance of the non-oil private sector - recorded a level of 53.8 in September, up from August's 53.3 and "indicative of a solid improvement in operating conditions during the latest survey period"...............................................Full Article: Source
Print