Dubai crypto platform BitOasis sees over $1.5bn trading in H1
BitOasis, the Dubai-based cryptocurrency platform, has delivered trading volumes exceeding $1.5 billion in the first half of 2021. BitOasis…
Trading, Broking & Stock Exchanges
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Gulf businesses learnt value of digitising cash transactions during pandemic and it will do them good
For treasurers and finance managers, COVID-19 has encouraged a shift in financial and operational priorities as they manage the impact…
Dubai company to link NSE with top Africa bourses
Dubai-based firm, DirectFN, has won the contract to supply the software that will link Nairobi Securities Exchange (NSE) with six…
Saudi CITC pushes for more tech company listings on Tadawul
Saudi Arabia’s Communications and Information Technology Commission signed an initial agreement with the Saudi Stock Exchange pushing for more listing…
Simmons hires construction and infrastructure partner in Doha
Simmons & Simmons has announced that its Middle East dispute resolution practice is to grow with the hire of construction…
Jordan's JSC, EBRD sign MoU to support sustainable economic recovery post-pandemic
The Jordan Securities Commission (JSC) and the European Bank for Reconstruction and Development (EBRD) are intensifying their capital market development…
Al Fardan exchange partners with Empay’s contactless ecosystem
Al Fardan Exchange, one of the UAE’s leading financial services providers, has announced a partnership with Empay, the world’s innovative…
Egypt's SODIC concludes $22mln securitized bond issuance
Egypt-based SODIC for Securitization S.A.E., a wholly-owned subsidiary of Egypt’s Sixth of October for Development and Investment Company (SODIC), has…
MENA debt capital markets issuance totalled $70.6bln in H1 2021
MENA Debt capital markets issuance totalled $70.6 billion during the first half (H1) of 2021, down 6 percent from last…
Saudi Investment Bank adopts Cisco SDN Architecture
Tech giant Cisco has announced that the Saudi Investment Bank (SAIB) has become the first financial institution in the Kingdom…
UAE to issue its own 'Govcoin' digital currency amid crypto rise in region
The Central Bank of the United Arab Emirates (CBUAE) has announced that it is to issue its own digital currency…
Emirates Islamic launches campaign to provide relief to SMEs amid surges in freight costs
Emirates Islamic has introduced a preferential pricing campaign, aimed to assist existing small and medium enterprise clients, by offering relief…