World Bank: Saudi Arabia Offers Competitive Incentives for Investment, Trade
Saudi Arabia is putting forth competitive incentives for investment and trade, a senior World Bank official confirmed to Asharq Al-Awsat.…
Trading, Broking & Stock Exchanges
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QSE remains below 10,400 levels on selling pressure
The Qatar Stock Exchange on Wednesday weakened further to remain below 10,400 levels, mainly on increased net selling by local…
Anglo-Gulf Trade Bank launches digital corporate accounts at Abu Dhabi Global Market
Anglo-Gulf Trade Bank, the world’s first digital trade bank, announced on Tuesday at Fintech Abu Dhabi that, starting in November…
Abu Dhabi Ports starts work on Marsa Mina waterfront project
Abu Dhabi Ports began construction of the city's new waterfront Marsa Mina project, a new development designed to attract tourists…
Dubai Chamber and Emirates NBD to issue blockchain-powered trade finance solutions
Working with smaller order values and volumes, small and medium sized businesses who trade outside the UAE, or those interested…
DGCX welcomes RAKBANK to the exchange, underpinning its expanding member community
The Dubai Gold and Commodities Exchange has announced that RAKBANK has been listed as a new Trade Member of the…
Nasdaq Dubai lists two bonds totaling $1bln by Chinese bank
Nasdaq Dubai, the international financial exchange in the Middle East, has welcomed the listing of two bonds with a total…
Kuwait Central Bank governor rated amongst world's most successful in 2019
Kuwait's Central Bank Governor Mohammad Al-Hashel was given a Grade A rating amongst his global counterparts for the second year…
Middle East M&A and IPO activity to remain attractive despite global economic uncertainty
Global deal-making will continue the downward trajectory in 2020 amid worldwide economic uncertainty but the Middle East and North America…
Egypt to cut trading fees on EGX to attract more investments
Egypt’s Financial Regulatory Authority approved the reduction of trading fees on the country’s stock market. Fees to be cut include…
Global sukuk issuance falls slightly to $30.6bnGlobal sukuk issuance falls slightly to $30.6bn
Fitch says GCC issuers have continued to access the sukuk market to diversify their funding mix and develop the Islamic…
Arabtec confirms talks to appoint UBS to advise on merger
Arabtec Holding confirmed on Tuesday that it is in talks to appoint Swiss investment bank UBS as a financial adviser…