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Brexit Investor Sentiment

British voters have shocked financial markets on Friday by choosing to have the United Kingdom exit the European Union. So far, the "Brexit" vote is...

The World’s Biggest Gold Mines

The economic carnage brought about by the Covid-19 pandemic has led to investors hedging against the ongoing volatility and that has driven the price...

Unrest in Libya Boosts Crude Oil to $99.90

Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...

Gold spot price at $1,515

Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...

DGCX 2012 Volumes Reach All-Time High of 9.6 Million Contracts

2012 volumes rise 137% from 2011 to trade 9,601,553 contracts Currency futures volumes reach 8,880,403 contracts, up by 149% Gold Futures rise 42% from last year...

Dubai shares surge to 5-year high on heavy buying

Dubai shares rose to their highest level in almost five years on Sunday. Retail investors bought heavily into small-caps ahead of the third-quarter earnings...

Emerging markets to outperform developed markets into the future says Emirates...

MENA region predicted to see inflow of international capital on the back of low valuation of markets and continuing high oil prices Strong returns...

GCC investors expected to adopt a cautious approach

·GCC markets remained bullish in October ·Global markets extend its rally in October; QE program in focus ·Combined market capitalization increases 1.4%MoM in October GCC markets extend...

54% Consumers Uncertain over the Difference between Islamic and Conventional...

A recent survey conducted by YouGov Siraj, to understand consumer banking preferences in the region, with a focus on Islamic banking, revealed that 54...

Bitcoin Investors Beware: Highly Volatile, Lacks Regulations

Global banking regulator sends a warning to bitcoin investors Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden's Riksbank, said...
Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced the launch of the region’s first digital exchange hub – Tabadul.

Abu Dhabi Securities Exchange, Bahrain Bourse Launch Tabadul Exchange Hub

Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced the launch of the region’s first digital exchange hub – Tabadul. The exchanges commemorated...

DGCX wins Exchange of the Year Award 2016

The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...

Al Rajhi Capital and Arcapita announce launch of USD500 million Real...

Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank B.S.C.(c), an international investment firm headquartered...

DFM posts third quarter loss of Dhs9.28m

The Dubai Financial Market (DFM) Company announced today its financial results for the first nine months of 2011 ending September 30th, with a 90%...

First Gulf Bank Q3 Net Profit rises 8%

Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...

Kuwait Stock Exchange suspended trading until November 17

The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...

State Bank of India launches Corporate Banking Services from DIFC

Global Fortune 500-listed State Bank of India (SBI), has started providing a complete range of banking services from its base in the Dubai International...

Investcorp Launches a USD 1 billion Platform To Invest in GCC...

Investcorp Launches a USD 1 billion Platform, To Be Anchored by China Investment Corporation, to Invest in the GCC and China Investcorp, a leading global...