ADX appoints BNY Mellon for global custody offering
Abu Dhabi Securities Exchange has appointed BNY Mellon, the world’s largest custodian bank, to support dual listings on ADX by…
Trading, Broking & Stock Exchanges
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Abu Dhabi’s TAQA lists $1.5bn dual-tranche bonds on ADX
TAQA, also known as Abu Dhabi National Energy Company, has listed a $1.5bn dual-tranche bond on the Abu Dhabi Securities…
Global sentiments reflect on QSE as index tanks 155 points; M-cap melts QR9bn
Reflecting the sentiments in the global markets over the US economic data and the expectations on the future path of…
New EGX chairperson faces unresolved challenges
The Egyptian money market is awaiting the resolution of several pending issues after the appointment of a new chairperson for…
QSE bull-run continues for the second day as index gains 22 points
The Qatar Stock Exchange Sunday opened the week on a stronger note with its key index gaining 22 points, extending…
QSE launches new trading platform
Qatar Stock Exchange launched Tuesday a new and high-performing trading platform built on the same advanced technology used by many…
Qatar hopes to attract foreign asset managers through its new market-making program
Qatar is set to attract foreign asset managers as its sovereign wealth fund dedicates up to 1 billion Qatari riyals…
Private banks in Egypt issue high-yield savings certificates
Private banks have taken measures to protect their deposits by issuing high-yield savings certificates, stepping into the shoes of the…
GCC to appoint chief negotiator next month for trade talks with India – report
The Gulf Cooperation Council (GCC) countries are set to appoint a chief negotiator next month, which will help fasten the…
Banks, real estate shares weigh on Saudi; insurer lifts Qatar
Major stock markets in the Gulf ended mixed on Sunday, with Saudi Arabia’s index pressured by real estate and banking…
DMCC announces 17% diamond trade growth in 2022
DMCC has reported a 17 percent year-on-year increase in the value of diamond trade in 2022, totalling US$37.4 billion combined…
A UAE-Hong Kong Free Trade Agreement will be a ‘logical step’, says Chief Executive John Lee
The stage is being set for a possible Free Trade Agreement between the UAE and Hong Kong, with a top…