Kuwait fines Ahli Bank chairman $5.3 mln over insider trade
A Kuwaiti court has fined the chairman of Al Ahli Bank, the country's eighth largest bank by market capitalisation, 1.5…
Trading, Broking & Stock Exchanges
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Frontier-Markets lure investors with fixed currencies
Frontier markets with managed exchange rates from Dubai to Vietnam and Nigeria are luring equity investors fleeing the currency turmoil…
CORRECTED-Saudi Arabia, Malaysia exchanges to boost Islamic finance ties
The stock exchanges of Saudi Arabia and Malaysia have signed an agreement to foster closer ties between the two bourses…
Abu Dhabi hires ex-Dubai executive for its financial free zone
Abu Dhabi Global Market, the financial free zone being established in the UAE capital, has made its first senior executive…
NBAD in place to capitalise on expected initial public offerings
National Bank of Abu Dhabi expects as many as six UAE companies to go public this year, raising as much…
Barclays: 2014 continues to be another positive year for risk assets
Barclays published its monthly Wealth and Investment Management flagship research report titled "Compass", which focuses on providing investment advice and…
Danish lender to open Abu Dhabi office
Saxo Bank, the Danish lender best known for online trading, said it plans to open an office in Abu Dhabi…
SocGen the next target for Libyan Investment Authority
Société Générale is next on the Libyan Investment Authority’s (LIA) legal hitlist, The Independent has learnt. The newspaper reports…
Dubai, Abu Dhabi Said to Complete Bourse Merger Due Diligence
Abu Dhabi and Dubai completed due diligence on a potential merger of the two bourses in the United Arab Emirates,…
ING Shuts Middle East Asset Management Operation In Dubai
ING Groep NV, the biggest Dutch financial-services company, is ending its equity investment management business in the Middle East and…
Arqaam becomes Nasdaq Dubai equities trading member
Arqaam Capital has become an equities trading Member of NASDAQ Dubai, in order to offer its clients exciting new opportunities…
Ongoing Rise in Optimism for 2014 Growth – BofA Merrill Lynch
Investors start 2014 more optimistic about global growth prospects, especially for the U.S. but increasingly for Europe as well, according…