Real estate halts Dubai’s momentum, banks pressure Saudi
Dubai’s stock market inched down in early trading on Monday, ending an eight day winning streak, while Saudi Arabia was…
Trading, Broking & Stock Exchanges
3541 articles found
Saudi investor buys £25m stake in Evening Standard: Report
A Saudi investor, who has already ploughed millions into a prominent British online newspaper, has bought a £25m stake in…
Volante Technologies supports SWIFT Standards Release 2019
Volante Technologies has announced support for the latest SWIFT Standards Release 2019. On February 22nd, 2019, SWIFT issued its…
Adnoc inks investment pact with BlackRock and KKR
The Abu Dhabi National Oil Company announced that it has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with…
Saudi Alhokair's mall business seeks $1 bln from IPO
Shopping malls operator Arabian Centres Company, owned by Fawaz Alhokair Group, is seeking $1 billion from a public share listing…
Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai's Emaar extends gains
Banking stocks were in demand in Abu Dhabi on Thursday due to expectations of benefits from synergy following the merger…
Abu Dhabi Global Market updates anti-money laundering rules
Abu Dhabi's financial freezone, the Abu Dhabi Global Market, has begun a public consultation on changes to its rules for…
GCC laying the groundwork for green finance: S&P
The oil-rich countries of the GCC are starting to go green, creating the space for a viable market for green…
Kuwait and Iraq seek closer trade ties
Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan said on Wednesday that his current visit to Iraq aims to eliminate…
UAE-based blockchain platform for trade finance distribution goes live with 25 banks
TradeAssets, is now live with 25 banks. The first transaction was completed on February 6, and the onboarded banks…
Bahrain ranks 6th for ownership of bank notes by nationality
Jordan Security Depository Center (Edaa) ranks the Kingdom of Bahrain 6th for ownership of banknotes by nationality in January 2019.…
Updated anti-money laundering laws in UAE to face some challenges
As long ago as 2008, the Financial Action Task Force reviewed the legal measures the UAE had implemented to counter…