UAE’s status upgrade could open pool of investor capital
MSCI is no longer part of Morgan Stanley but is a worldwide, influential and leading provider of investment decision support…
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Dubai index dips despite Arabtec rise
The Dubai Financial Market index slipped 45 points on Sunday to close 0.87 per cent down at 5,135.95, even though…
Draft on opening Tadawul to foreigners under study
Saudi Arabia’s stock market is one step away from gaining approval to allow direct foreign investment into equities, sources with…
ADIB Securities joins NASDAQ Dubai's expanding market as equities trading Member
Membership of NASDAQ Dubai will enable ADIB Securities to extend the reach of its Sharia'a-compliant trading platform, giving clients access…
Gulf, Sudanese banks to resume dealings—official
Gulf banks are set to resume dealings with their Sudanese counterparts following efforts from Gulf finance ministers, But the…
Hedge fund flows help Asiya assets to $1bn
Asiya Investments, a Hong Kong-based fund manager with roots in the Middle East, has doubled its assets since the start…
UAE banks look to technology for payment upgrades
UAE banks, under pressure from retail client competition and the growth in digital currency alternatives such as Bitcoin, are moving…
Libya's sovereign wealth fund to invest in bourse, set up budget reserve fund
The Libyan Investment Authority (LIA), the oil producer's sovereign wealth fund, plans to invest billions of dollars in the local…
Analyst: Emaar, DIB, Waha, expected to be upgraded by MSCI
Stock market blue chips such as Emaar, Dubai Islamic Bank, Waha Capital, Aldar Properties, and Dana Gas are expected to…
Saudi Arabia continues to be high growth market in GCC says Emirates NBD Wealth Management
Addressing Saudi-based investors at the Emirates NBD CIO Roadshow in Riyadh, Mahendran emphasised that the strong performance of Tadawul, the…
Iraqi Exchanges in Dubai to Woo Regional Investors
Representatives of Iraq’s two stock exchanges are in Dubai this week to court regional investors and to present their respective…
Egypt national elections offer hope: EFG co-head
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a lot to…