Low volumes may trigger massive shake-up in UAE stock broking industry
Continued low volumes on the bourses in the UAE may trigger a massive shake-up as brokerages become unprofitable, the chief…
Trading, Broking & Stock Exchanges
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Middle East funds turn negative on equities -survey
The survey of 14 leading investment firms, conducted over the past week, shows 21 percent expect to cut their regional…
NBAD Mena Bond Fund Q3 earnings announced
The National Bank of Abu Dhabi's NBAD Mena Bond Fund has earned dividend income equivalent to $4.58 million for…
Facilitations to investors stressed
Bahrain's Ambassador to the United Kingdom Shaikh Fawaz bin Mohammad Al Khalifa has stressed the Bahraini government's keenness to boost…
Bahrain’s Investcorp Targets European Property Push
Bahrain’s Investcorp, one of the biggest foreign buyers of U.S. real estate and an early backer of luxury brands like…
Middle East funds turn negative on equities -survey
Middle East fund managers have on balance turned negative towards equities in the region because of low oil prices, instability…
Wasatah Capital selected IMSplus for wealth and fund management operations
Profile Software has announced tthat Wasatah Capital, a Saudi Arabia based investment company, selected the IMSplus Asset Management solution to…
FGB earnings rise 4% on strong lending
Abu Dhabi-based FGB reported an increase of four per cent year-on-year net profit to Dh4.29 billion for the first nine…
DFM third quarter net profit tumbles 70%
Dubai Financial Market said yesterday its third quarter net profit fell sharply by 70 per cent, as revenues tumbled. …
Sukuk listings on Nasdaq Dubai hit $12.75 billion
International Finance Corporation (IFC), a member of the World Bank Group, on Sunday listed a $100 million sukuk (Islamic bond)…
MAF picks banks for a potential dollar sukuk
Dubai-based retail and leisure developer Majid Al Futtaim has picked banks to arrange a potential dollar-denominated sukuk, two sources familiar…
UAE's Majid Al Futtaim picks banks to a potential dollar sukuk – sources
Dubai-based retail and leisure developer Majid Al Futtaim has picked banks to arrange a potential dollar-denominated sukuk, two sources familiar…