Foreign investors key to Arab market’s recovery
The important role of foreign investments in supporting the Arab region’s post-pandemic recovery was highlighted by keynote speakers during the…
Trading, Broking & Stock Exchanges
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UAE shares lead GCC markets, boosted by Julphar, reopening of Suez Canal
The UAE shares on Monday led the GCC market gains, thanks to big jump in shares of Abu Dhabi-listed pharmaceutical…
Arab markets contain 1,662 listed companies with $3.1T in capital: EGX Chairman
The total number of companies listed in the Arab markets reached 1,662 companies with a capital of $3.1 trillion by…
ahlibank approves cash dividend of 5 baisas per shar
ahlibank held its Annual Ordinary General Meeting on Thursday (March 25, 2021) via the electronic platform for general meetings on…
Dubai index leads most of Gulf lower; Egypt extends gains
Most Gulf markets ended lower on Thursday as new coronavirus restrictions in Europe revived worries about demand for oil products,…
Deloitte advises United Arab Chemical Carriers on landmark merger with United Overseas Group Ltd
United Arab Chemical Carriers and United Overseas Group Ltd have finalized a landmark merger this week, an agreement that was…
Real estate investment funds see Saudi's Tadawul trading surge
Seventy-three firms listed on the Saudi Stock Exchange (Tadawul) surged above their three-month average this week, the vast majority of…
Abu Dhabi’s Taqa to invest $10 billion at home and expand in Saudi Arabia
Abu Dhabi energy giant Taqa has unveiled is set to invest 40 billion dirhams ($10.88 billion) in the UAE as…
GFH Joins Bahrain Bourse’s Murabaha Service Opening New Sharia’a-Compliant Solutions and Trading Opportunities
GFH Financial Group has announced the signing of an agreement with Bahrain Bourse and the Central Bank of Bahrain, which…
Rollover risks loom for Turkey's banks
A sharp spike in borrowing costs following the sacking of Turkey’s central bank chief has raised risks for local banks…
Qatar, Tunisia discuss trade relations
Minister of Commerce and Industry, H E Ali bin Ahmed Al Kuwari, met yesterday with H E Ali Kooli, Tunisian…
Saudi-based Islamic Development Bank starts marketing dollar sukuk – document
Jeddah-based Islamic Development Bank started marketing on Tuesday five-year U.S. dollar denominated sustainability sukuk, or Islamic bonds, a document showed.…