UAE and international companies apply for digital banking licences with ADGM
The Abu Dhabi Global Market has received interest from several firms in the UAE, the Middle East and Asia-Pacific to…
Trading, Broking & Stock Exchanges
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Deloitte 2020 Powers of Construction report: From C-19 “Respond” to “Recover”
The COVID-19 (C-19) pandemic and collapsing oil prices have had an unprecedented and compounding effect on the GCC Construction industry…
ADQ appoints new Chairman of Abu Dhabi Securities Exchange
ADQ has announced that H.E. Mohammed Ali Al Shorafa Al Hammadi has been appointed as Chairman of Abu Dhabi Securities…
Qatar emerges as start-up capital of the Gulf region
Qatar, with massive investments in the process of economic diversification of the energy-rich economy, has established itself as the start-up…
STS provides Jordan Kuwait Bank with Dell EMC integrated infrastructure solutions
Specialized Technical Services has announced the implementation of an infrastructure expansion project for Jordan Kuwait Bank. In this project,…
Qatar's Commercial Bank starts marketing 5-year dollar bonds – document
Qatar's Commercial Bank began marketing five-year U.S. dollar-denominated bonds on Tuesday, a document showed. It gave initial price guidance…
ADIB Securities receives 5-Star Brokers Excellence Rating from DFM
ADIB Securities, has received a 5-Star Brokers Excellence Rating for the year 2019 from Dubai Financial Market (DFM). Launched…
Kuwait's KIB denies takeover rumours
Kuwait International Bank (KIB) has denied claims that it is to be imminently taken over, saying the rumours are ‘incorrect…
Qatari market remains resilient despite challenges, says investment expert
Qatar has been resilient amid the challenges, such as the blockade and the COVID-19 pandemic, which have threatened to disrupt…
Dubai says to continue infrastructure spending after $2bn bond issuance
The Government of Dubai has announced the successful completion of a $2 billion bond issuance. The Department of Finance…
Natwest Markets, Banco Santander sell Saudi British Bank shares -term sheet
Natwest Markets and Banco Santander are selling around 25 million shares in Saudi British Bank (SABB), or about 1.25% of…
Saxo Bank MENA region client base grows by more than 150% contributing to a sizeable increase in Group net profits
Saxo Bank has reported a 150% increase in its MENA client base for H1 of 2020 compared to the previous…