London beats Dubai as top city for foreign investment in finance
LONDON attracted more foreign investment in finance firms than any other city last year, underlining the Square Mile's attraction to…
Trading, Broking & Stock Exchanges
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Fitch Affirms Egypt at 'B+'; Outlook Stable
Fitch Ratings has affirmed Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. A full…
HSBC becomes Dubai Financial Market's first general clearing member
Dubai Financial Market has announced that HSBC has become the first international General Clearing Member (GCM) to join the market,…
ADCB is latest bank to join UAE’s Trade Connect platform
Abu Dhabi Commercial Bank is the latest to sign up for the UAE Trade Connect platform, which is a consortium…
Abu Dhabi’s Emirates Driving posts 60% rise in Q1 2022 profit
Abu Dhabi-listed Emirates Driving Company saw its profit surge by approximately 60 percent during the first quarter of the year…
Dubai’s industrial rents rise as e-commerce drives warehousing demand
UAE’s industrial rents have increased, driven by improved business confidence and high demand for e-commerce, according to Knight Frank. …
Abu Dhabi stock exchange seeks more private sector listings
The Abu Dhabi Securities Exchange (ADX) has rebranded its “Second Market” as “Growth Market” to attract more private sector listings. …
Banque Misr in Egypt automates trade finance with Finastra
Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade…
Rainer Kasch appointed head of Saudi Arabia securities services by FAB Capital
First Abu Dhabi Bank (FAB) has announced the appointment of Rainer Kasch as managing director and head of Saudi Arabia…
Citi Launches Sustainable Trade and Working Capital Loans
Citi has launched sustainable trade and working capital loans in Europe, the Middle East and Africa (EMEA), Latin America (LATAM),…
Banking, financial firms drive QSE listed firms’ profits
Driven by the impressive performance of banking and financial sector companies, the Qatar Stock Exchange (QSE) listed firms have delivered…
Bahrain Bourse ‘to list five state companies this year’
The public will be offered shareholding in five government-run companies this year, according to Shaikh Khalifa bin Ebrahim Al Khalifa,…