Category Archives: Top Markets

Tuesday outlook: All eyes on the Fed

Tuesday outlook: All eyes on the Fed

13 December 2016 Investors await the Federal Reserve’s meeting that begins later today for clues on the outlook for U.S. monetary policy. The Fed is widely expected to hike interest rates for the first time in 2016 at its two-day ...

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UAE's UNB has no plan to merge with other banks, CEO

UAE's UNB has no plan to merge with other banks, CEO

ABU DHABI, 9th March, 2017 (WAM) — The Union National Bank (UNB) has no intention of merging with any other bank, its chief executive officer (CEO) has affirmed. ”There are no formal procedures or any intention to merge UNB with ...

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Nasdaq Dubai and Bourse de Tunis sign MoU

Nasdaq Dubai and Bourse de Tunis sign MoU

Friday, Mar 10, 2017 Dubai: Nasdaq Dubai and Bourse de Tunis have signed a Memorandum of Understanding (MoU) to explore collaboration possibilities, including initiatives regarding existing and future issuers and listings on the two exchanges. Ways to promote Islamic capital ...

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Margin trading finances $4 bln on Abu Dhabi Securities Exchange

ABU DHABI, 5th February, 2017 (WAM) — Abu Dhabi Securities Exchange (ADX) announced that margin trading financing reached AED15.2 billion in 2016, representing 15.4 percent of the total trading value (buy and sell), which amounted to AED98 billion. The increase ...

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Bahrain Petroleum Company choses Avaya fabric network

27 December 2016 Manama, Bahrain: Bahrain Petroleum Company (Bapco), the national oil company of Bahrain, has chosen Avaya to transform its network infrastructure. In line with its business objectives of digital transformation and rebranding, Bapco will deploy Avaya’s next-generation fabric ...

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REITs to boost Saudi capital markets: Report

REITs to boost Saudi capital markets: Report

13 December 2016JEDDAH: Real estate investment traded funds (REITs) in Saudi Arabia will benefit the Kingdom’s economy and capital markets by offering investors more diversification, transparency, and greater accessibility to local real estate, Jadwa Investment said in a note on ...

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Tuesday outlook: All eyes on the Fed

Tuesday outlook: All eyes on the Fed

13 December 2016 Investors await the Federal Reserve’s meeting that begins later today for clues on the outlook for U.S. monetary policy. The Fed is widely expected to hike interest rates for the first time in 2016 at its two-day ...

Read More »
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