Egypt investment bank gets brokerage licence
Egypt-based investment bank EFG-Hermes has been licensed to operate a stockbroker unit in Kenya with an eye on an investment…
Trading, Broking & Stock Exchanges
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London ‘venue of choice’ for Middle East listings
The London Stock Exchange regards itself as the “undisputed overseas listing venue of choice” for companies from the Middle East,…
Blockchain Startup ArabianChain Nets $817k from New Investor
ArabianChain, a United Arab Emirates-based public blockchain startup, has reportedly received AED3m ($817,000) from a private investor to further its…
Qatar’s stocks gain in best week since Arab spat began
Qatar’s main stock benchmark produced its best weekly performance in almost 18 months amid expectations that a dispute with its…
Goldman, JPMorgan, HSBC vie for lead roles in listing UAE's ADNOC unit
Abu Dhabi's national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead…
Bank Muscat net profits fall
Bank Muscat's net profits fell to RO84.31m in the six months to the end of June - 6.8% down from…
Selective buying in Dubai stocks as results near
The Dubai index rose on Tuesday, extending gains for another session ahead of second quarter results. The Abu Dhabi…
Arabtec shares jump in sideways Dubai market
Arabtec jumped more than 7 per cent on Sunday even as the rest of the market moved sideways. Arabtec…
Iran, Turkey mull free trade plan to boost cooperation
Iran and Turkey are mulling a plan to achieve free trade between the two countries based on an earlier agreement…
ADX ready to provide general clearing service
Abu Dhabi Securities Exchange, ADX, has declared its technical and logistical readiness to provide the general clearing service, in a…
QSE sees higher foreign investment prospects despite economic blockade
Notwithstanding the economic blockade, the Qatar Stock Exchange (QSE) has witnessed increasing investment prospects from the UK and Hong Kong…
United with shared interests in key industries
The UAE and U.S. have been nurturing strong ties across a broad spectrum of areas, including trade, investment, aerospace and…