DGCX Opens Doors for North American Traders
North American traders and investors seeking to maximize access to international precious metals markets may want to look at the…
Trading, Broking & Stock Exchanges
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Dubai-based Metito eyes Turkish acquisition in 2018 amid expansion
Dubai-based water treatment specialist Metito will look at a possible acquisition in Turkey this year, with a view to expanding…
Saudi Arabia to offer investment stakes in four sectors in privatisation drive
Saudi Arabia, the biggest Arab economy, will offer international investors opportunities to snap up stakes in four sectors between now…
NEOM CEO Says Sound Planning Is Key for Futuristic Megacity
A year ago, Saudi Crown Prince Mohammed bin Salman launched the NEOM megacity with futuristic living at heart. NEOM…
Global banks to play major role in Saudi capital markets development, HSBC exec says
Banks will play a major role in the capital markets of developing economies, including Saudi Arabia, where bond and equity…
Saxo Bank launches new highly competitive pricing structure in Mena region
To support multi-asset trading and grow market share, Saxo Bank A/S introduced new aggressive pricing structure in the Mena region.…
Abu Dhabi's Mubadala hires banks to arrange 10-year dollar bond
Abu Dhabi’s state investment fund Mubadala Development Company has hired banks to arrange a series of fixed-income investor calls ahead…
Dubai's Tabarak Investment Capital signs commodity trading agreement
Dubai-based investment bank Tabarak Investment Capital has signed an agreement with Elite Petro & Gas, a company owned by Kuwaiti…
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund
Saudi Arabia’s sovereign wealth fund received discounts from the Blackstone Group last year when it pledged $20 billion for the…
HSBC sees growth in China driven opportunities in Middle East
HSBC, with its presence across nine markets in the region, is set to play a huge role in investment flows…
Abu Dhabi crowdfunding initiative huge boost to SMEs
The arrival of a new private financing platform in the UAE to support start-ups, private enterprises and SMEs will give…
Foreigners sell net $1.1 billion of Saudi stocks as journalist disappearance rattles investors
Foreigners sold a net 4.01 billion riyals ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data…