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…
Trading, Broking & Stock Exchanges
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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…
Egypt unveils list of 32 state-owned companies to be floated by March 2024
Egypt has announced its plans to sell stakes in 32 state-owned companies, including three banks and two military-owned companies, by…
Companies lured to ‘crypto hub’ Dubai have regrets thanks to FTX and Sam Bankman-Fried
On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale…
First Middle East exchange launches corporate climate change disclosure initiative
The Amman Stock Exchange has signed an agreement with the International Finance Corporation where the agreement was signed by the…
Dubai’s DGCX introduces new physical gold futures and spot gold contracts
Dubai Gold and Commodities Exchange has launched two new products: Physical Gold Futures and Spot Gold Contracts. The products…
Qatar-Jordan trade reached QAR 624 million in 2021
Qatari businessmen have been keen to increase their investments in Jordan in a number of industries, including banking, education, real…
International Securities launches global trading and digital onboarding platform
International Securities, an Abu Dhabi-based securities brokerage firm, and a subsidiary of the International Holding Company, has launched a new…
ADX and BHB discuss high-level strategic partnership in Abu Dhabi
Senior executives of Abu Dhabi Securities Exchange and Bahrain Bourse have held meetings in Abu Dhabi this week to advance…
Here’s what you need to know before Tadawul trading on Thursday
Saudi stocks nudged higher on Wednesday in line with a rise in oil prices. TASI the main index added…
DIFX Cross Asset Digital Exchange grows to USD550mln in assets under management with FireBlocks
Digital Financial Exchange grows its assets under management from 5 million USD to 550 million USD after integration with award-winning…
UAE lists first dirham-denominated treasury bond on Nasdaq Dubai
The UAE's first dirham-denominated treasury bond was listed on Nasdaq Dubai on Thursday, after the Dh1.5 billion ($408 million) issuance…