Dubai bourse hits its lowest since Jan 2016
Dubai stocks slumped on Monday to its lowest since January 2016, led by losses in contractor Drake & Scull, while…
Trading, Broking & Stock Exchanges
3541 articles found
Bahrain bond-Sukuk spread balloons as investors disagree on credit outlook
The price gap between Bahrain’s US dollar conventional and Islamic bonds has widened to record levels, indicating a sharp disagreement…
Islamic bond issuances set for slowdown in 2018
The global sukuk (Islamic bond) market experienced a significant slowdown in issuance in the first half of 2018, with new…
UAE, Saudi Arabia set to spur IPO boom
The upcoming IPO boom would lead to the listing of government and quasi-government enterprises The initial public offering (IPO)…
Mideast risk scares sukuk investors away
Islamic bond sales slumped 15 percent in first half of the year as political risk in the Middle East scared…
Egyptian broker to expand regional coverage as it eyes super rich
Egypt-based broker EFG-Hermes, which operates a stockbroking unit in Kenya, is set to expand its research coverage and investment banking…
T Rowe's Bell: untapped Saudi Arabia potential is huge
Saudi Arabia will almost certainly be approved this week for an upgrade from its standalone classification to the MSCI Emerging…
Invesco launches the first Saudi Arabia ETF in Europe
Invesco has launched the first ETF in Europe that provides pure passive exposure to Saudi Arabia, offering investors access to…
Abu Dhabi, Qatar rise, but Dubai sags as Eid holiday begins
The Abu Dhabi stock exchange ended higher on Thursday, helped by shares in sector majors First Abu Dhabi Bank (FAB)…
Mark Mobius says he's "not bullish" on Saudi stocks
As Saudi Arabia stands poised to win emerging-market status, one of the best-known developing-nation investors says he isn’t completely convinced…
UAE Central Bank halts remittances at seven exchanges
The UAE’s Central Bank has downgraded the licences of seven exchange houses for violating regulation relating to anti-money laundering and…
The ECB springs into action – but is it far too early? by Gary Dugan
The ECB signals that it may reduce scale of its quantitative easing The ECB move looks like a gamble Eurozone…