Trading, Broking & Stock Exchanges Archives - Page 10 of 296

Israel cenbank should be set to tighten if inflation gains further -IMF

February 7, 2022

Israel's central bank should be prepared to raise interest rates and taper foreign exchange intervention if inflation pressures intensify further,…

Investment Banking

EFG Hermes expects Banque du Caire to be listed on EGX in 2022

February 7, 2022

Expectations prevailed that this year would be the year of IPOs in the Egyptian Exchange (EGX), especially after the government…

FinTech

Crypto platform Rain rakes in $100m in Series B funding

February 3, 2022

Cryptocurrency platform Rain has raised $110 million in a Series B funding round. The round was co-led by Paradigm…

Insurance

Kuwaiti National Industries to increase in its capital by 35%

January 31, 2022

The Board of Directors of Kuwait’s National Industries Co., also known as KPSC, approved a 35 percent increase in the…

Trading, Broking & Stock Exchanges

Most Gulf markets fall in early trade; Qatar rises

January 28, 2022

Major stock markets in the Gulf fell in early trade on Thursday, pressured by financial stocks as oil prices slipped…

FinTech

Open Banking Exchange launches in Saudi Arabia

January 26, 2022

This announcement comes twelve months after the Saudi Central Bank (SAMA) announced its open banking policy, designed to support Vision…

Investment Banking

Deutsche Bank blames client in $565m false sales lawsuit

January 26, 2022

Deutsche Bank AG turned the blame on an ex-client for crippling losses it suffered investing in risky foreign exchange derivatives…

FinTech

Saudi fintech Lean raises $33 million

January 25, 2022

Lean Technologies, a Saudi fintech firm whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih, has…

FinTech

E-Trader licence records 6% growth during 2021

January 25, 2022

The e-Trader licence, launched by the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET),…

FinTech

Crypto platform Rain secures in-principle approval for FSP from UAE's ADGB

January 25, 2022

Cryptocurrency platform Rain has received in-principle approval for financial services permission (FSP) from Abu Dhabi Global Market (ADGB), which if…

FinTech

Bahrain's CoinMENA obtains second cryptocurrency license from European Union paving the way for expansion to new jurisdictions

January 25, 2022

Bahrain-headquartered onshore crypto assets exchange, CoinMENA Holding LTD, has obtained a second cryptocurrency license from the European Union. CoinMENA…

Trading, Broking & Stock Exchanges

Saudi Fund’s Digital Security Firm Seeks $820 Million From IPO

January 24, 2022

Elm Co. is seeking to raise as much $820 million from an IPO as the kingdom pushes ahead with plans…

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