Qatar shares close flat as local retail investors turn bearish
The Qatar Stock Exchange on Sunday opened the week largely flat as buying interests in the insurance, industrials and real…
Trading, Broking & Stock Exchanges
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Citigroup beefs up its team in Saudi Arabia
Citigroup Inc. plans to hire about five more bankers in Saudi Arabia as it prepares for an expected increase in…
Unlocking the future of cross-border payments
The payments industry is evolving rapidly. Technological advances, regulation, and changes in consumer and client behaviours and expectations are all…
UAE central bank injects $2bn as bank deposits drop
The Central Bank of the United Arab Emirates in March injected AED7.3 billion ($1.98 billion) in cash to the financial…
NBK Capital advises VIVA on acquisition of 100% of the capital of QualityNet
NBK Capital has announced that it has successfully advised VIVA on its acquisition of 100 percent of the capital of…
UAE firms keen to invest in Gwadar
UAE companies are eager to invest in Gwadar that has assumed importance under the China-Pakistan economic corridor framework envisaging the…
UAE's Finablr shares down as much 5% after London market debut
Shares in payments and foreign exchange company Finablr slipped in early trading on Wednesday, falling by as much as 5%…
UAE's Finablr extends IPO closing by a day to May 14: sources
United Arab Emirates-based payments and foreign exchange company Finablr has extended the closing of books for its initial public offering…
Emirates reports 69% profit drop as high oil prices, strong dollar hit earnings
Dubai-based Emirates airline reported a 69 per cent drop in full-year profit on Thursday, blaming higher oil prices, a strong…
UAE's Majid Al Futtaim markets green dollar sukuk
Majid Al Futtaim, a UAE-based developer and shopping mall operator, has started marketing 10-year U.S. dollar-denominated "green" Islamic bonds, or…
Dubai developers offering 'clever incentives' to woo buyers
Developers in Dubai are pulling out all the stops to win over buyers for newly launched and existing projects, according…
Kerry Logistics appoints Martin Stoekenbroek as Managing Director for Europe Middle East and Africa
Kerry Logistics Network Limited, has appointed Martin Stoekenbroek as its new Managing Director - Europe, Middle East, and Africa with…