Financial Market in Abu Dhabi

Financial Market in Abu Dhabi Essay example
College
Essay
Finance & Accounting
Pages 4 (1004 words)
Download 0
The study have been prepared for understanding the position of the financial markets in the gulf region and focus on the functioning of the Abu Dhabi Financial Market, for the improvement in the economic condition of the financial market in UAE…

Introduction

The global environments where the strategies have been implemented to develop the financial markets have changed drastically because of the overall financial crisis. But the GCC (i.e. the Corporation Council of the Arab States in the Gulf Region) has a chance to succeed in developing the financial markets and consequently promoting their competitiveness. Economic condition in the GCC market is supported by the region’s wealth due to their high oil and gas supplies. The past few years of financial turmoil have also pointed out the challenges and the necessity to a bigger and more effective and mature financial markets. There are a large number of structural factors which will determine the development prospect related to the financial markets in the Gulf region in the next few years (Deutsche Bank AG, 2012). ...
Download paper
Not exactly what you need?

Related papers

Financial Anaylsis of ASMAK Company
The company sets high objectives for itself and strives to be the leading company in the field of aquaculture. Until recently, ASMAK management have decided to diversify its business activities in other fields like real estate, consultancy services, etc. ASMAK suffered a huge setback financially in the year 2011 and its sales revenues declined significantly. Hence, it has been involved in…
Abu Dhabi Islamic Bank and First Gulf Bank
The banks in UAE generally belong to two types and they are national and foreign. In the present situation there are around 46 operating banks in UAE among which 21 national banks. The banks are listed either on the Abu Dhabi Securities market or that of Dubai Financial market. Another important feature is rapid spread of Islamic banking with a range of sharia compliant product introduced in the…
RAK properties company financial analysis
RAK Properties will also maximize shareholders’ value through its development projects in the coastal and inland areas of Ras Al Khaimah. RAK Properties has a sound capital of AED 2 billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was over-subscribed by almost 57 times. RAK Properties is a company which was listed in the Abu Dhabi Stock Exchange from 2005 onwards. Just…
Marketing Environment of the Financial Services Industry
Modification of this law recognizes the comparative development of the DIFC and strengthens its autonomy from onshore legislators. These legislative alterations with regard to DIFC examine what can be anticipated in terms of future regulations inside UAE financial services segment. This will significantly aid in encouraging business in the area. The significant bodies of the DFIC are maintained…
Abudhabi Financial Market
The laws and regulation of the financial market are favorable for investment. The financial market of Abu Dhabi is on the verge of expansion with the proposed establishment of the world financial market in Abu Dhabi by the end of 2013. Executive Summary The operations of the financial markets of Abu Dhabi have been explained in this work. The various sectors, financial institution and companies…
finance
This however, has led to utilizing the stock exchange indicators of the three distinctive countries i.e. Abu Dhabi, Qatar and Saudi Arabia. We ascertain that all the preceding three markets eliminates aught supposition that the returns adopt a convention statistical distribution. Additionally, we get hold that hypothesis bearing on to haphazard walk and feeble form efficiency of the three GCC…
Principles of accounting 1
Recently, the standards and principles of GAAP have been transited to IFRS with the aim of having a single set of accounting principles with universal applicability. It provides the rules along with regulations in compliance with which, financial statements and reports should be prepared. The accounting standards and principles that are included in the IFRS are universally identified, which…