GCC Exchange wins the title of MostTrusted Exchange House – UAE 2021
Ever since its establishment, it has achieved innumerable milestones! Some milestones were in the form of awards and recognition, others…
Trading, Broking & Stock Exchanges
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UBS chief investment office stops coverage of U.S. dollar-Turkish lira pair
A wealth management arm of Switzerland's UBS Group confirmed on Tuesday it will discontinue research coverage of the U.S. dollar-Turkish…
Egypt ‘ready’ to join JP Morgan index by end-Jan
Egypt announced it is ready to officially join the JP Morgan Government Bond Index-Emerging Markets (GBI-EM for emerging markets by…
ADX Sustainability Report 2020
This report presents the Abu Dhabi Securities Exchange has sustainability performance for the second consecutive year, covering the period between…
Standard Chartered completes first USD Sofr trade loan in Hong Kong
Standard Chartered has completed its first trade loan transaction in Hong Kong referencing the USD secured overnight financing rate (Sofr)…
QNB awarded Best Regional Foreign Exchange Provider in Middle East
QNB Group, the largest financial institution in the Middle East and Africa, has received two awards for ‘The Best Foreign…
NBK officially launches Swift payment controls
Al-Kharafi: NBK always leads the way in adopting the latest payment technologies and services The bank has injected large investments…
DEWA hires Citi, HSBC for top roles in IPO: sources
Dubai Electricity & Water Authority (DEWA) has hired Citigroup and HSBC in top roles for its upcoming initial public offering…
Burgan Bank announces successful completion of its capital increase
Burgan Bank has announced that it has successfully completed its capital increase of KD 71.25 million, to support its business…
Raseed closes $1.1 million investment round led by Impact46
UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel…
Israel's Bank Leumi raises $721 mln in bond issue
Bank Leumi (LUMI.TA), one of Israel's two largest lenders, said on Sunday it raised 2.3 billion shekels ($721 million) in…
Dubai faces up to rivals as it plans stock exchange revival with IPO offerings
Competition is heating up in the capital markets of the United Arab Emirates, as Dubai seeks to revive its ailing…