Saudi Arabia Plans Debut Bond Sale to Shore Up Finances
Saudi Arabia is set to sell its debut international bond this week after meeting with potential investors, people familiar with…
Trading, Broking & Stock Exchanges
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Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak
Saudi Arabia's stock market fell on Monday after another set of disappointing third quarter earnings, while other markets in the…
Mid East Stocks Third Quarter Bank Results May Weigh on Gulf
Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…
GCC sovereigns raise $87bn in bonds, sukuk since Jan 2015: Samba
GCC sovereigns have raised 87bn in both domestic and international bonds and sukuks since January 2015, Samba Financial Group has…
Major banks from India and Dubai complete blockchain trade finance and remittance transactions
India’s largest private bank, ICICI, and one of the middle east’s largest banks, Emirates NBD, recently announced successful international blockchain…
Emirates NBD and Icici demo blockchain application for trade finance
Emirates NBD and India's Icici Bank have successfully completed a pilot project to deploy a permissionable blockchain for international remittances…
Mirabaud Middle East and Menacorp sign agreement
Mirabaud Middle East Ltd and Menacorp, the largest UAE based securities brokerage firm by trade value and market share, announced…
NBK the only Arab bank among world’s best forex providers – The Best in Kuwait and Middle East by Global Finance
National Bank of Kuwait was recognized as the Best Foreign Exchange Provider in Kuwait and the Middle East in 2016…
Doha Bank, Masraf Al Rayan ETFs to debut on QSE soon
Doha Bank and Masraf Al Rayan-sponsored exchange traded funds will make their debut on the Qatar Stock Exchange by November-December…
Qatar’s Masraf Al Rayan, Doha Bank to launch ETFs by year-end
Qatari banks Masraf Al Rayan and Doha Bank plan to launch the Gulf state’s first exchange-traded funds by the end…
100% Blockchain for Dubai Government by 2020
In a significant endorsement of blockchain technology, the underlying innovation of bitcoin, the Dubai government will see of its documents…
National Bank of Abu Dhabi raises US$621 mln via Formosa bond
National Bank of Abu Dhabi said on Sunday it had raised US$621 million by placing a 30-year unsecured, zero-coupon, callable…