Dubai-listed GFH to delist from London
Gulf Finance House will delist its Global Depositary Receipts from the London Stock Exchange but keep its other stock listings…
Trading, Broking & Stock Exchanges
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Standard Chartered launches Stock Connect II platform to trade China equites this week
The fund administration business of Standard Chartered Bank is one of the best kept secrets in the fund distribution industry.…
HSBC Said Banned From Taking on New Assets at Saudi Unit
HSBC Holdings Plc is blocked from taking on new funds at its Saudi Arabian asset management business after the regulator…
Middle East ETFs Set To Soar On Saudi Arabia's Foreign Access
After China, Saudi Arabia is also trying to go global. This is especially true, as the world's biggest oil exporter…
Ominvest, ONIC Boards Approve Proposed Merger
The boards of directors of Oman International Development and Investment Co and ONIC Holding have approved the investment holding companies’…
Daman Funds Maintain status as Top Dividend Yielding Funds in the Region
Daman Investments PSC , one of the leading UAE-based regional investment management companies, announced record Q1, 2015 dividend distribution despite…
Emirates NBD ties up with ICICI Bank for instant money transfers through DirectRemit
Emirates NBD has tied up with ICICI Bank, India's largest private sector bank, enabling customers in the UAE to instantly…
Middle East Sukuk Investors Allocated only 2% of Malaysian 30Y Sukuk
It was interesting to observe Middle East buyers taking up only 2% of the 30 year sovereign Sukuk issued by…
Amlak ready to resume DFM trading after six-year absence
Amlak Finance said its shareholders had approved a plan to readmit its shares for trading on the Dubai Financial Market…
Menacorp voices support for Arab financial sector at Arab Federation of Exchanges Annual Conference
Under the patronage of H.E Rashed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, this year’s high-level conference…
Doha becomes first Mena Rmb hub
Doha has become the first clearing and settlement hub for the Chinese renminbi. Officials this week sealed a deal…
Saudi bourse will open to foreign investors from June
Saudi Arabia’s regulator has fired the starting gun for the long-awaited opening up of its 2 trillion riyals (Dh1.95tn) stock…