Gallo Says European Bank Woes May Be `Lehman Times Ten’
Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talks with Bloomberg's Andrea Catherwood about the risk of weaknesses in the Spanish banking...
Global Financial Markets See Short Term Prosperity; Long-Term Challenges
Recent economic growth and the rise of equity markets suggest optimism for the future of global finance
Brexit negotiations, questions about the dollar...
Markets advance on renewed optimism, crude price
Saudi Arabia’s benchmark stock index gained the most in three weeks after crude oil climbed above $80 a barrel. The Tadawul market index closed...
2013 will see improved IPO activity
After a slow start to 2012, momentum lifted in the second quarter, but significant macroeconomic volatility and changes in political leadership in many parts...
Oil prices whipsaw as regional markets weigh macroeconomic conditions
Oil declines to $50 a barrel after news on Russia’s no deal with OPEC
After the major OPEC news last week, oil reacted positively and...
Recovery in Oil Prices Positive Catalyst for Regional Markets
Global equities performed positively during the week as investors are encouraged by synchronized policy responses by leading Central Banks, and gradual reopening of the...
Emaar Properties announces share buyback programme
Emaar Properties, PJSC, one of the world’s leading property developers, announced today that it will proceed with the implementation of a share buyback programme....
Mubasher launches “Mubasher Islami” to cater to investors dealing with Shariah-compliant...
Mubasher Islami serves as new division of Direct Broker for Financial Services
Direct Broker for Financial Services LLC (DBFS), a subsidiary of Mubasher Financial Services...
DFM voted ‘Best Exchange for Investor Relations’ in the Middle East
Dubai Financial Market (DFM) has been honored with the 'Best Exchange for Investor Relations' in the Middle East award during the inaugural ceremony of...
Credit Suisse downgrads Dubai Financial Market
Credit Suisse has downgraded Dubai Financial Market’s rating to Neutral from Outperform while slashing its target price to from Dh2.20 to Dh1.40,...
Emaar’s new US$ 1 billion financing facility – Testament to financial...
Emaar Properties PJSC has signed a new Islamic and Conventional financing facility amounting to AED 3.6 billion (approx. US$ 1 billion) with Dubai Islamic Bank PJSC, National Bank of Abu Dhabi and Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners.
Goldman Sachs cuts recommendation on global equities to ‘neutral’
Goldman Sachs has grown cautious on global equities in the near term. Last week, the investment bank cut its recommendation on equities investments to...
DME records strong growth in forward trading; record number of participants
Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
Record number of participants trading Oman futures contract in 2019
...
Nasdaq Dubai to Create Futures on Emaar Development
• To enable investors to take a position on share price
• Move supports liquidity of underlying shares with SHUAA Capital as Market Maker
• Number...
Regional Markets Remain under Pressure due to Weak Oil Prices
Global equity markets performed positively during the week on the back of encouraging economic data and measures such as slashing tariffs on USD 75...
Domestic Markets to be Influenced by Broader Global Markets Developments
Global equities closed in negative territory, recording its longest weekly decline since 2019, which can be broadly attributed to fading hopes of a US...
SCA Board changes brokers’ regulation
Following a Cabinet approval of the new board set-up, the reconstituted board of the Emirates Securities and Commodities Authority (SCA) has held its first...
Tamweel requests share trading in 1 month
Tamweel has requested the resumption of trading in its shares in the next month and is in discussions with the UAE federal government over...