Abu Dhabi stimulus package to 'mitigate panic', says LuLu Financial boss
The boss of LuLu Financial Group, part of the UAE-based hypermarket-to-hospitality LuLu Group, has hailed stimulus efforts announced by Abu…
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Top 10 most successful businesses in the Middle East
Business Chief Middle East takes a closer look at the Top 10 most successful businesses on the Middle East stock…
UAE's SHUAA forecasts $13.6mln annual synergies from ADFG merger by Q2 2021
UAE-based financial services group, SHUAA Capital, expects to realize 50 million dirhams ($13.6 million) in annual synergies by Q2 2021…
Govt's financial package announcement lifts QSE above 8,400 levels
The government's proposed financial package on Monday substantially lifted sentiments on the Qatar Stock Exchange, whose key index rose above…
Finablr faces possible insolvency; central bank seizes UAE Exchange ops
Travelex-owner Finablr warned on Tuesday it was preparing for potential insolvency, while operations of its unit in the United Arab…
GCC central banks cut interest rates following Fed's shock move
GCC central banks cut rates on Monday following the biggest rate cut by the US Federal Reserve since the 2008…
Gulf Bond and Sukuk Association announces key appointments
The Gulf Bond and Sukuk Association has announced that it has made appointments to key officer positions for 2020. …
Abu Dhabi Securities Exchange temporarily closing Trading Halls
Abu Dhabi Securities Exchange has announced to the investor community that the Exchange is temporarily closing its trading hall in…
Saudi based Alinma Investment stuns the market with their Sukuk Bond ETF launch
With all eyes on the Middle East as the stand-off between Saudi Arabia and Russia for the dominance of the…
Director of FX broker Numex gets 8-year ban
The UK Insolvency Service today announces that Ehsan Tayefi, who was director of Numex Foreign Exchange Corporation (UK) Ltd, has…
Kuwait's foreign reserves top $39.12bln in January
Kuwait’s foreign reserves registered an annual rise by 7.6% or KWD 865 million ($2.84 billion) last January, according to recent…
ADCB's new platform aims to help businesses expand worldwide
Abu Dhabi Commercial Bank has unveiled its Trade Booster platform that helps identify businesses looking to trade goods internationally. …