Insurance sector helps Qatar shares cross 10,100 level
The proposed mandatory health cover requirement yesterday buoyed the insurance sector, lifting the sentiments in the Qatar Stock Exchange whose…
Trading, Broking & Stock Exchanges
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Qatar private sector exports reach QR14.9bn in 2020
Qatar’s private sector exports reached QR14.9bn last year, a decrease of 30 percent compared to QR21.6bn recorded in 2019, according…
Israeli-UAE consortium is now in talks to buy Bahrain’s BFC Group
A consortium, consisting of Prism Group AG and Royal Strategic Partners, is in merger talks with Bahrain’s BFC Group Holdings.…
Dubai’s trade with Kuwait touches $2.32bln in first half of 2020
Trade between Dubai and Kuwait reached Dh8.52 billion in the first half of 2020, according to figures released by Dubai…
Saudi bank profits face strain in 2021 despite economic recovery
Saudi banks could find it tough to maintain profitability in 2021 as the Saudi Central Bank lifts its support measures…
Iress integrates TP ICAP Fusion RFQ into trading platform
Iress has announced that it has integrated TP ICAP’s Fusion RFQ (request for quote) into the Iress trading platform. …
Will P2P lenders ever soar in the stock market?
Tarya and Blender, two of the four peer-to-peer lending platforms active in Israel, have just announced they are going public.…
Bank ABC announces 2020 results
Strong Underlying Operating performance despite market factors resulted in underlying Net Operating Profit of $282 million before provisions Group progressing…
HSBC completes its Islamic trade facility in MENAT with QIB
HSBC Bank Middle East completed its Islamic Trade Facility in MENAT, valued at USD 100 million, in January 2021 with…
Most Gulf markets fall; Abu Dhabi gains
Most Gulf markets ended in the red on Thursday, with the Saudi index pressured by losses in its banking shares.…
ADX requires companies to produce annual financial report on time
The Abu Dhabi Securities Exchange has asked companies to produce their audited annual financial report on time. ADX said…
Chairwoman of Saudi's Allied Cooperative Insurance Group resigns
The chairwoman of the board of Allied Cooperative Insurance Group has resigned, according to a statement to the Saudi Stock…