Oman announces OMR200 million debut sovereign sukuk issue
Oman government officially announced the much-awaited maiden sovereign Sukuk issue of OMR200 million. The sovereign Sukuk issue will be…
Trading, Broking & Stock Exchanges
3541 articles found
Yuan gaining clout in GCC
The Chinese currency, which is widely expected to be voted as a global reserve currency, is fast gaining clout in…
QSE foreign funds inflow hits $1.25bn since upgrade: CEO
The Qatar Stock Exchange has witnessed a net (foreign funds) inflow of $1.25bn and about three-fold jump in average daily…
Modern Exchange Co eyes major push in Bahrain
Bahrain's liberal economy and potential clientele base have attracted Modern Exchange Company (MEC) to enter the kingdom's market. The firm,…
New Bitcoin Buying Platform Launched for Middle East Market
The recently concluded NY Techcrunch Disrupt featured plenty of promising startup ideas, one of which is the bitcoin buying platform…
Oman’s Bank Sohar says $104m rights issue oversubscribed
Oman’s Bank Sohar, which is in talks about a possible merger with larger rival Bank Dhofar, said on Thursday its…
Saudi Arabia Likely to Be Classified as Emerging Market, MSCI Says
Saudi Arabia, the Middle East's biggest economy, is likely to be classified as an emerging market following the opening of…
Tadawul reforms ‘will promote liquidity, best practices’
The opening up of the Saudi stock market (Tadawul) to international investors is a “game changer” for the region, says…
ETFs – slow and steady
Exchange-traded funds (ETFs) have struggled to gain the kind of traction in the Middle East that they have in other…
Saudi market opening will take time to boost to local managers – Jadwa CEO
Saudi investment firms are unlikely to see immediate benefits from the opening of the kingdom's stock exchange, the chief executive…
GBI Expands Into The Middle East
Gold Bullion International has announced the appointment of Salman Sheikh as Head of Business Development for the Middle East. Mr.…
Saudi Arabia sets rules for foreign investment in its stock market
Saudi Arabia’s regulator has finalised rules for direct foreign investment in its stock market. The Capital Market Authority will…