Dubai gold prices rise, 22k priced at Dh150
Gold prices rose on Monday on the back of a subdued dollar as investors considered the prospects of fewer interest…
Trading, Broking & Stock Exchanges
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ABN Amro to close Dubai office amid thin business for Dutch lender
The Dutch bank ABN Amro is winding down its operations in Dubai and will transfer some of its existing clients…
Sharjah Islamic Bank lists $500mln Sukuk on Nasdaq Dubai
Nasdaq Dubai today welcomed the listing of US$500 million Sukuk by the Sharjah Islamic Bank, SIB. The listing supports…
Moody’s launches operations in the Kingdom of Saudi Arabia
Moody's Investors Service has today announced that it has officially launched operations in the Kingdom of Saudi Arabia. "The…
How Emotional is the Fed? by Gary Dugan
More active debate likely at this week’s Fed meeting on the pace of future rate rises Near term US inflation…
Turkey, Spain praise strong ties, look to boost bilateral trade, investments
The relationship between Turkey and Spain will be brought to a new level, while trade and investments will also be…
Global sukuk to grow 15%-20% in 2018, says Franklin Templeton
Global sukuk is expected to register growth of between 15% and 20% in 2018 on the back of improved macro-economic…
Belt and Road exchange to be set up at ADGM
Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE, and Shanghai Stock Exchange, China’s largest securities exchange,…
Nasdaq Dubai welcomes SIB, Damac sukuk listings
Nasdaq Dubai welcomed the listing yesterday (April 18) of two Sukuk by UAE issuers - Sharjah Islamic Bank, one of…
Kuwait to cement commercial relations with US
Kuwait is ready to cement commercial relations with the US, the Kuwaiti Ministry of Commerce and Industry said on Tuesday.…
World’s first diamond-backed crypto assets launched in Dubai
Al-Kasir Group, a Dubai-based company, has launched the world’s first diamond trading portal that uses blockchain technology – widely known…
Tel Aviv Bourse Sells 19.9% Stake to Manikay Partners
Israel’s stock exchange will sell a nearly 20 percent stake to New York-based investment fund Manikay Partners LLC, part of…