GFH supports Dubai, banks weigh on Saudi again
The Dubai index was flat but GGFH climbed 4.4 percent after saying Jassim Alseddiqi, chief executive of Abu Dhabi Financial…
Trading, Broking & Stock Exchanges
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Lebanon hops on the crypto train
Antoine Yazbek and Zaki Soubra are budding Lebanese cryptocurrency entrepreneurs, and they radiate seriousness in their endeavor. As a journalist,…
Nasdaq Dubai launches futures on DFM General Index
His Excellency Essa Kazim, Chairman of Dubai Financial Market (DFM) and Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai, rang…
Qatar National Bank to sell small stake in Egypt unit to comply with listing rules
Qatar National Bank the Middle East's largest lender by assets, said it will sell a 2 percent stake in its…
Saudi Central Bank to Test Ripple Payments Tech
Distributed ledger startup Ripple has struck a deal with Saudi Arabia's central bank on a pilot program that will see…
Saudi exchange ‘aims to dominate Arabian Gulf markets’
The Saudi stock exchange, or Tadawul, aims to become the dominant market in the Arabian Gulf with further moves to…
Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources
Qatar’s stock market is set to list its first exchange-traded funds this quarter, market sources said on Tuesday, as authorities…
Omani bourse less affected by global market crash
The global market crash didn’t have a major adverse effect on the Muscat bourse on Tuesday, mainly due to the…
Gulf banks continue innovative funding run
QNB's two year floating rate note was sold at 135bp over Libor and, placed on Wednesday, was sole-arranged by Bank…
A Worryingly ‘Exceptional’ Week by Gary Dugan
That was an exceptional week in financial markets and worrying too. There have been only two occasions in the past…
Egypt net foreign reserves rise to $38.2bln at end-Jan
Egypt's foreign reserves registered in January the biggest month-on-month jump since July last year as the country pushed forward with…
Nasdaq and Palestine Exchange sign new market technology agreement
Nasdaq Inc. and Palestine Exchange have signed a new market technology agreement for Nasdaq to deliver new matching engine technology…