Major Gulf indexes off to mixed start
Major Gulf stock markets were mixed in early trade on Thursday with the Abu Dhabi index leading gains boosted by…
Trading, Broking & Stock Exchanges
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Experts welcome Saudi Public Prosecution’s push to keep capital markets fair, honest
Saudi Arabia’s Public Prosecution has hammered home the message to traders that it is against the law to create a…
UAE lucrative destination for global investors, says CEO of Binghatti Holding
The UAE is attracting global investors because of good infrastructure and Ease of Doing Business and establishing companies within the…
Experts confident of Saudi construction sector returning to normal soon
The total value of construction contracts awarded in Saudi Arabia during the third quarter (Q3) of this year collapsed by…
Egypt steps up support for exporting companies
Egypt’s Minister of Finance Mohamed Maait said that the government has distributed EGP 28 billion ($1.78 billion) in export subsidies…
UAE stocks gain $4.35bln as economy heads to recovery
The prospects of a quick turnaround for the UAE economy is now becoming close to a reality and rally that…
Alkhabeer Capital announces initial public offering of Alkhabeer Diversified Income Traded Fund units
Alkhabeer Capital, has announced the commencement of the initial public offering of “Alkhabeer Diversified Income Traded Fund” units. The Fund…
Saudi Arabia and UAE Declare Central Bank Digital Currency Pilot a Success
The Saudi Central Bank and the Central Bank of the United Arab Emirates say a dual Saudi and UAE central…
Jordan inks USD314.63m credit with European Investment Bank
Jordan inked a framework credit of 260 million euros (USD314.63 million) with the European Investment Bank (EIB) on Wednesday, December…
Yemen central bank shuts firms linked to currency crash
Yemen’s central bank has closed 30 private exchange firms for violating currency speculation rules after the Yemeni riyal hit a…
Qatar bourse witnesses modest buying in Islamic equities
The Qatar Stock Exchange on Wednesday witnessed modest buying in Islamic equities and five of the seven sectors were under…
7 things to watch on Tadawul today
Here are a few things you need to know as Saudi stocks start trading on Wednesday. 1) The Capital…