United Arab Emirates shares higher at close of trade; DFM General up 0.64%
United Arab Emirates equities were higher at the close on Tuesday, as gains in the Telecoms, Banking and Insurance sectors…
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Selective buying in Dubai stocks as results near
The Dubai index rose on Tuesday, extending gains for another session ahead of second quarter results. The Abu Dhabi…
Failed coup takes toll on Turkey's foreign policy
The consequences of the failed July 15 coup in Turkey increased Ankara's international isolation, exposing shortcomings in the government's sometimes…
Qatar’s financial stability is a resilient model
When I meet people, I am often asked about the current political crisis impacting the GCC and Qatar and I…
Middle East investment banking fees shrink 15 per cent in the first half of 2017
Middle Eastern investment banking fees totalled an estimated $462.1 million (Dh1.7 billion) during the first six months of 2017, down…
Old Mutual offers innovative shceme for UK expats
Old Mutual International has launched a new innovative bond in the Middle East and Africa called the Wealth Portfolio. …
Nomura Appoints Head of Global Markets, EMEA
Nomura has announced that it has appointed Fred Jallot, as Head of Global Markets, EMEA.* Mr. Jallot, who is…
Andersen Global Initiates Expansion in Egypt
Andersen Global is proud to announce the addition of a presence in Egypt by way of a Collaboration Agreement with…
Gulf Navigation targets 300% revenue growth by 2021
Gulf Navigation Holding, a Dubai-listed shipping company, said on Monday it is targeting revenue growth of 300 per cent by…
IFC invests $26.2bn in funding startups across MENA region
The International Finance Corporation, which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily…
Saudi Arabia to issue domestic ‘sukuk’ Islamic bonds this month: Media reports
Saudi Arabia will issue a local currency sukuk, or Islamic bond, this month, Saudi finance minister Mohammed al-Jadaan told Al…
KFIC Report for the Global and GCC Financial Markets in June
Global equity markets rise during the second quarter of 2017 as the MSCI World Index gained +3.38%. Japan’s Nikkei 225…