Saudi index, Aramco rebound after oil rout nosedive
Saudi Arabia's main index and oil giant Aramco were both up more than 5% in early trade on Tuesday, rebounding…
Trading, Broking & Stock Exchanges
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Want to make a Gulf dealmaker laugh? Ask when's the next IPO
Times are especially tough for dealmakers in the Gulf, where the currents battering global markets have converged. But a simple…
More than $200bn wiped off Gulf markets in huge one-day slump
Hundreds of billions of dollars were wiped off Gulf markets on Sunday after they were hit with their biggest one-day…
Coronavirus impact: Dubai's economy may feel effects into Q2 2020
Dubai saw remarkable external trade growth in 2019, and with a contribution of 150 billion dirhams, China was its largest…
Female traders trending upwards in UAE and Mena
Saxo Bank, the leading fintech and regtech specialist focused on multi-asset trading and investment, has released new business data to…
Middle East shares decline
Stock markets in the Middle East retreated on Wednesday, as an emergency rate cut from the US Federal Reserve failed…
ADIB launches new forex digital platform
Abu Dhabi Islamic Bank has launched 'ADIB Direct eFX' platform to enable customers to get better online foreign exchange rates…
UAE lowers interest rates in line with US move
The Central Bank of the UAE has it will lower interest rates applied to the issuance of its Certificates of…
Coronavirus impact: Investments in Dubai's DGCX spike over demand for safe assets
The Middle East’s largest derivatives bourse, the Dubai Gold & Commodities Exchange has seen a huge influx of investments, as…
Qatar’s share of foreign investments in Kuwait amounts to 40%: Official
Qatar and Kuwait have one of the strongest strategic relations and bilateral trade and investment alliances in the Middle East…
Mideast Stocks: Gulf bourses gain as stimulus hopes offset virus
Major stock markets in the Gulf opened higher on Tuesday, extending gains from the previous session, on hopes that central…
QSE snaps six days of bearish spell to climb 43 points, lifted by real estate, telecom sectors
The Qatar Stock Exchange on Tuesday snapped six days of bearish spell and its key barometer rose 43 points, mainly…