UAE investors pick property over gold, says survey
Property is now a more popular investment class than gold among UAE investors, according to a new survey published on…
Trading, Broking & Stock Exchanges
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AlJazira Capital gets Thomson Reuters’ best brokerage awards
Thomson Reuters granted AlJazira Capital Best Brokerage House award for achieving the most value traded and the Best Shariah-Compliant Brokerage…
Agricultural Bank of China lists 1bn RMB bond in Dubai
China's third biggest bank in terms of assets, the Agricultural Bank of China, launched a listing of 1 billion renminbi…
Dentons advises the Government of Sharjah on its inaugural Sukuk
Dentons has advised the Government of Sharjah, acting through Sharjah Finance Department, on the issuance of US$750million Trust Certificates due…
Egypt's Raya approves seizing HSBC stake in Fawry
Egypt's Raya Holding for Technology and Communication said on Sunday its board of directors has approved seizing HSBC Bank Egypt…
NBAD Launches Shariah Dividend Fund
The National Bank of Abu Dhabi (NBAD) has launched NBAD Shariah MENA Dividend Leader Fund, which invests in select dividend-paying…
Kuwait’s Burgan Bank Attracts Orders Over $650m For Tier 1 Bond
Kuwait’s Burgan Bank has attracted orders in excess of $650 million for its Tier 1 capital-boosting bond issue, which should…
Standard Bank leads on largest Sub-Saharan Africa Sukuk
Standard Bank has acted as Joint Lead Manager on the National Treasury of South Africa's debut Sukuk in the international…
Saudi's National Commercial Bank to start IPO this month
Saudi Arabia's National Commercial Bank will begin its much-anticipated initial share sale later this month, a statement to the kingdom's…
QFCRA proposes changes to banking investment management and advisory business
The QFC Regulatory Authority has released two consultation papers containing proposals that will strengthen and streamline the QFC Regulatory Authority’s…
Dubai International Financial Centre to Issue Islamic Bond
The Dubai International Financial Centre, the emirate's main financial free zone, is planning to issue an Islamic bond worth around…
Bank Asya suspension mystifies investors amid Erdogan feud
Turkey’s stock exchange prolonged a freeze on Asya Katilim Bankasi AS’s shares, a day after it twice suspended trading in…