UAE’s $75bn infrastructure fund comes at the right time for India
The US$75 billion infrastructure deal agreed between the UAE and India this week has been welcomed by construction industry chiefs…
Trading, Broking & Stock Exchanges
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DGCX Appoints Chief Executive Officer
Dubai Gold and Commodities Exchange has announced the appointment of Gaurang Desai as the Chief Executive Officer. As…
Dedicated Arabic website enhances regional push of trading platform
Saxo Bank has launched a dedicated Arabic website as part of its latest drive to encourage retailers and investors across…
FOCUS – Bahrain’s fiscal tightrope: the island state's battle to regain lost ground
Not so long ago, Bahrain was a haven for international investors. The kingdom was a financial hub with the region’s…
RAM Ratings reaffirms ratings of Axis REIT Sukuk’s MYR 155 million Second Sukuk Issue
The ratings are premised on collateral support generated by the assessed capital value of the transaction’s underlying portfolio – 4…
Iraq hires banks for $6B bond sale
Iraq hired banks to help raise $6 billion in bonds as the country seeks to plug a widening fiscal deficit…
Kuwait's Burgan Bank to redeem subordinated debt worth $730 mln
Burgan Bank, Kuwait's third-largest lender by assets, will redeem $730 million in subordinated bonds denominated in U.S. dollars and Kuwaiti…
Dubai property roulette mauls Amlak as analysts say told-you-so
Back in June, Amlak Finance rose by the maximum allowed for six straight days on Dubai’s stock market as investors…
Cloud of Mystery Hangs Over Saudi Bond Issue
Over a month after Saudi Arabia issued its first debt in eight years, the world still knows next to nothing…
ADS Securities adds CFDs to OREX Platform
ADS Securities has taken another step forward in developing its multi-asset technology with the launch of CFDs (contract for difference)…
Dubai Regulator Weighs Up Crowdfunding Oversight
With a number of the Middle East’s major crowdfunding platforms,including equity-based Eureeca and P2P lending site Beehive,based in the emirate,…
Investment issues: Focussed platform for UAE in the offing?
After wooing investors from countries including Japan, the US and Korea by providing country-specific platforms to them for resolution of…