11/02/2016
MMTC to sell sovereign gold coins to NRIs
In the domestic market, MMTC has now access to 383 bank branches through which it can sell these gold coins.
Alternative Investments
11/01/2016
GFH shares hit 2-year high
GFH was the most active stock in trade contributing to 24 per cent of the total volumes.
10/31/2016
Abu Dhabi Global Market Named as "Financial Centre of the Year"
ADGM has formed close partnerships with vital local federal authorities, including the Central Bank of the UAE
10/31/2016
Dubai Gold and Commodities Exchange (DGCX) opens vital trading link to Chinese bullion
DGCX Shanghai Gold Futures Contract, which settles on the "Shanghai Gold Benchmark Price", is the foremost RMB denominated gold futures contract launched offshore.
10/31/2016
Dubai Chamber opens first trade office in China
There are currently 2,829 Chinese companies registered with the Dubai Chamber.
10/31/2016
Jordan Looks to Reinvigorate Trading With a New Exchange
Jordan has launched a new over the counter exchange to boost the competitiveness of the Kingdom’s capital markets
10/31/2016
Profit booking sees Index plunging 229 points
Local retail investors and domestic institutions were increasingly net sellers in the bourse.
10/28/2016
Egyptian developer Palm Hills expects deal on mega-project by year-end
The site covers 25 million square meters equivalent in size to about a third of Dubaiand will include residential and commercial facilities.
10/28/2016
HolidayMe looks to make its mark in online travel in the Middle East
IATA’s last forecast, out this week, sees the Middle East growing by 5% a year on a compound basis to 2035.
10/28/2016
Saudi Arabia’s future borrowing will include Islamic bonds, says minister
The Kingdom is seeking to finance a budget deficit that ballooned to about 15 per cent of economic output last year.
10/28/2016
Risk indicators growing for Turkish economy
Turkey’s risk premium has fluctuated over the years.
10/27/2016
Asia Hedge Fund Industry Sees Less Launch Activity in Q3
Asia-focused and -based hedge funds both see proportional launch figures fall, as fund managers turn towards a global focus
10/27/2016
Goldilocks fund first to launch on Abu Dhabi Global Market
Activist investor funds are common and sometimes controversial in western markets where they sometimes seek to impose a new strategy on underperforming managements.
10/27/2016
Israel’s Silicon Wadi Is Bringing In Billions from Investors
From Drones to CyberSecurity, Israel’s high-tech mecca is a hotbed of technology start-ups that’s drawing billions in investment from foreign companies and venture capital firms.
10/26/2016
Chinese investors keen to snap up Dubai properties
Chinese investors are trying to increase their presence in Dubai's real estate market
10/25/2016
Egypt to issue $2 bln in international bonds, roadshow in Nov
Egypt has been negotiating billions of dollars in aid from various lenders to help revive an economy battered by political upheaval
10/24/2016
Qatar's Barwa Real Estate secures 600 mln riyal financing from QIIB
It said the money was to fund part of the company's new projects under construction
10/24/2016
Beltone Financial says still has chance to seal CI Capital deal
But the deal failed to secure approval from the Egyptian Financial Supervisory Authority.
10/24/2016
Hospitality leaders shape AHIC 2017 agenda
In a poll, members described business this year as challenging and difficult with their outlook for 2017 continuing to be challenging.
10/24/2016
Deyaar declares Dh168 million net profit
Deyaar Development said property revenues in projects remained robust