NBAD, Saudi insurer earnings may help lift markets
Stock markets in the Middle East look likely to gain on Wednesday on the back of solid earnings posted,…
Trading, Broking & Stock Exchanges
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Dubai’s DIFC Investments Hires Banks for Potential Islamic Bond
DIFC Investments LLC, the developer and operator of the Dubai International Financial Centre, hired banks for a possible sukuk sale,…
Qatar Fund arrives with US$ 100 mn
The second largest sovereign investment giant in the Gulf region said it is scouting Sri Lanka for implementation ready projects…
Dubai Mercantile Exchange, Bank of China announce partnership agreement
Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, and Bank of China,…
ADX out to woo Asian investors
The Abu Dhabi Securities Exchange is seeking to tap the billions of dollars held by Asian investors, in the final…
Bitcoin future in UAE uncertain due to lack of regulation
Efforts to promote the use of Bitcoin in the UAE have stalled amid uncertainty over how it is regulated here…
Japan Bank for International Cooperation delegation visits DEWA
He Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority received, at his office, a delegation…
UAE Exchange celebrates 34th anniversary; Global Customer Base Expands to 7.9 million
UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, said, it currently handles 7.9 million customers.…
Finance House nets Dh81.3 million in nine months
Finance House (FH) has reported a consolidated net-profit of Dh81.3 million for the nine months of 2014, compared to Dh80.2…
Kuwait Wealth Fund to Sell $5.4 Billion of Company Stakes
Kuwait Investment Authority, the sovereign wealth fund which started as a Bank of England account dedicated to receiving oil money,…
DB Private Equity closes latest secondary opportunities fund at $1.7 bln
Deutsche Asset & Wealth Management said Tuesday that DB Private Equity has closed its latest secondary opportunities fund at its…
Egypt's Beltone Financial to spend $42 million expanding next year
Egypt's Beltone Financial aims to invest around 300 million Egyptian pounds (26.12 million pounds) to expand its domestic operations next…