Kuwait reserve assets hit $39bn
State reserve assets amounted to KD 11.9 billion ($39.2 billion) by the end of May, the Central Bank said yesterday.…
Trading, Broking & Stock Exchanges
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It’s real estate shining in UAE markets
Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties…
DLD signs deal with Al Masraf to manage OA accounts
Dubai Land Department, represented by its regulatory arm, Real Estate Regulatory Agency has signed an agreement with Arab Bank for…
Banking, petrochemical shares boost Tadawul
Major Gulf stock markets closed higher on Sunday, mirroring gains late last week in global markets, and supported by some…
Al-Hajraf underlines Kuwait’s active role in AIIB 4th meeting
The 2019 Asian Infrastructure Investment Bank annual meeting concluded Saturday in Luxembourg, with the participation of Kuwait Finance Minister Dr…
Investors in Saudi markets cautious as a $20bn wave crests
Investors are starting to tune out the noise of the billions of dollars that flowed into Saudi bonds and stocks…
UAE equity indices ended way higher than expected as the expectation had fallen due to unforeseen issue
The UAE’s primary value records finished in the green on Tuesday even the same number of other developing business sector…
Low provisioning costs raises banking outlook for Kuwait and Egypt
The aggregate earnings of banks in the Middle East and North Africa in the second quarter is expected to grow…
IIFM Pushes Ahead with Plan for Development of Islamic Finance
The 40th meeting of the Board of Directors of the International Islamic Financial Market convened in the Dubai offices of…
London Beats New York in Drawing Saudi ETF Investor Billions
Investors betting on Saudi Arabian shares are showing a clear preference for funds listed in Europe over the U.S. The…
All eyes on World Future Energy Summit 2020 in UAE capital
The World Future Energy Summit, will host an unrivalled gathering of top-level government and business leaders when it returns to…
China & Gulf expansion to boost Trade Bank of Iraq's revenues: chairman
State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail…