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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...

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...

Nasdaq Dubai Launches Futures In ADNOC Distribution, Emaar Malls

Nasdaq Dubai launches futures on Abu Dhabi National Oil Company for Distribution, ADNOC Distribution, and Emaar Malls, to enable investors to take positions on...

Increase in retail sales expected during DSS 2008

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres

Historical Evidence For Bitcoin Performing Like Digital Gold

In the first days after the outbreak of the coronavirus crises in the West, crypto plunged like traditional asset classes. Bitcoin was pronounced...

Investors Will See Wall Street-triggered Global Sell-off as Buying Opportunity

The current global stock market sell-off will be seen by investors as a “major buying opportunity” as they go “bargain-hunting” to top-up their portfolios. The...

UAE Stocks To Have 5% Decline Limit Effective Wednesday

The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
Bitcoin Vs Apple trade volume

Bitcoin’s April Trading Volume 7x Higher than Apple’s

Data acquired and calculated by Finbold indicates that bitcoin's trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to...

Rising Infection Rates May Slowdown Economic Activity

Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...

Global Sell-off Should be a Reality Check for Investors

Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...

Global Financial Markets To Use China’s Recovery As Critical Gauge

Global financial markets will use China’s recovery as a sentiment tracker, affirms Nigel Green as European and Asian-Pacific markets and U.S. futures fell after...

Market Cap of Top Five Online Travel Companies Jumped by $54B...

The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years...

DFM Plans to Launch Equity Derivatives Platform

Dubai Financial Market, DFM, today announced that it has reached the final stages of preparations to launch an equity derivatives platform (DFM Derivatives Platform),...
Abu Dhabi Securities Market

Abu Dhabi Securities Market To Become Public Joint Shares Company

President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued a law regulating the legal status...

Investors Eye Opportunities As Central Banks Discuss Coronavirus Action

Global investors are taking advantage of buying opportunities ahead of policymakers looking to take more coordinated action on propping up economies due to the...

ADX, Nasdaq Dubai Sign Index License Agreement

Abu Dhabi Securities Exchange, ADX, and Nasdaq Dubai have signed an agreement to develop and launch an Index Futures contract based on the Abu...

Development in Global Markets to Weigh on Regional Equities

Global equity markets were broadly positive during the week, but the news flow was mixed with encouraging vaccines developments compared to renewed restrictions to...

Bitcoin Crosses $41,000 Mark – Industry Reacts

Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...