‘Now is the wrong time to be selling,’ says JP Morgan Middle East MD Steven Rees
Global financial markets have gyrated widely over the past two weeks, with the most savage drops in stock market history…
Trading, Broking & Stock Exchanges
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Bahrain's KHCB gets shareholder approval for delisting from Dubai's DFM
Khaleeji Commercial Bank’s shareholders agreed to delist the bank’s shares from Dubai Financial Market, the Bahraini bank said in a…
Global economies open cash taps and hope
Evidence of the devastation wreaked on the global economy by the coronavirus pandemic mounted on Tuesday as activity surveys for…
Abu Dhabi exchange ADX turned into a public joint shares company
The Abu Dhabi Securities Exchange has been converted into a public joint shares company owned by the state holding company…
Lebanon to stop paying all dollar Eurobonds -finance ministry
Lebanon will discontinue payments on all its foreign currency Eurobonds, the government said on Monday, as it seeks to devise…
Emirate of Sharjah lists US$200 million Sukuk on Nasdaq Dubai
The Emirate of Sharjah has listed a US$200 million Sukuk on Nasdaq Dubai, bringing the total value of Sukuk listed…
GCC markets end in red; volatility set to continue
Most of the GCC markets ended in the red on Sunday, led by a 3.6 per cent plunge in the…
Abu Dhabi Securities Exchange to provide free of charge remote e-voting for Annual General Meetings of listed companies
Abu Dhabi Securities Exchange has announced that it will be managing remote e-voting for Annual General Meetings (AGMs) of companies…
So what impact will Covid-19 have on UAE property markets?
Any disruption to the UAE's property sector caused by the new coronavirus is likely to be short-term, according to Savills,…
Foreign funds’ enhanced buy interests lift Qatar bourse
Foreign funds’ enhanced buying interests, on the back of government’s huge financial stimulus, yesterday lifted the Qatar Stock Exchange by…
Gulf markets hammered by oil price plunge and virus shutdowns
Gulf stock markets have plunged to multi-year lows despite massive stimulus spending as the region has suffered the double blow…
Banking and property stocks propel UAE markets
Abu Dhabi’s main stocks index was up 8.4 per cent on Thursday, driven by gains at some of the powerhouse…