markets
Trade Worries Send US Equities Lower; Gold Up
Middle East Business News - Published date: .
The Dow Jones Industrial Average was 0.45 per cent lower to 23,994.08 Read more
Flourish Of Selling In Dubai, But Abu Dhabi Market Flat
Middle East Business News - Published date: .
Mubasher raises price target of Egyptian index by 6.6% Read more
Oil Extends Rally After US Rigs Decline As Iran Risks Persist
Middle East Business News - Published date: .
Futures added 0.5 per cent in New York after capping a third straight quarterly gain, the longest winning streak Read more
Goldman Watching How Japanese Stocks Start Month
Middle East Business News - Published date: .
The Nikkei 225 Stock Average has risen on the first trading day of each month from July 2016 to February 2018 Read more
US Treasury Sets Meetings With Trading Firms
Middle East Business News - Published date: .
US officials are seeking industry feedback on how to publicly report prices for Treasury bonds for the first time Read more
China Seeks Goldilocks Moment In Oil
Middle East Business News - Published date: .
Shanghai International Energy Exchange has safeguards in place to prevent a speculative blowout that could derail its cr... Read more
Broker EFG Hermes Scores A First On Dubai Financial Market
Middle East Business News - Published date: .
Allocation account enables firms to use a combined account with clearinghouse in order to execute buy and sell on behalf... Read more
Riyal Government Bonds To Be Listed On Saudi Exchange
Middle East Business News - Published date: .
More than $54.5b of riyal bonds with maturities of up to 10 years will be available, Saudi Arabia’s Capital Market Aut... Read more
Sharjah Islamic Bank Hires HSBC, StanChart For Benchmark Dollar Sukuk
Middle East Business News - Published date: .
HSBC and Standard Chartered are global coordinators for the planned deal, but other banks will join as arrangers Read more
Damac Hires Barclays, HSBC For Possible Sukuk
Middle East Business News - Published date: .
Second-largest listed real estate developer in Dubai is expected to hire more banks to arrange the debt sale Read more
Societe Generale Creates 4 Positions In Dubai
Middle East Business News - Published date: .
The bank, which has offices in Dubai, Abu Dhabi and Riyadh, expects growth in its Middle East business to be faster than... Read more
Best Performing Saudi Arabia Equities Seen Extending Gains
Middle East Business News - Published date: .
Fund managers expect passive inflows of $5-7b from the FTSE Russell decision Read more
Trade War, Hawkish Fed To Weigh On Global Equities, Gold May Shine
Middle East Business News - Published date: .
The Dow Jones index closed the quarter on a weak note, ending 3 per cent lower, snapping its nine-quarter win streak, th... Read more
Mild Buying Continues On UAE Bourses As Saudi Index Declines
Middle East Business News - Published date: .
Saudi Arabia’s Tadawul index closed 0.72 per cent lower to 7,814.54, extending losses for another session Read more
Market Shake-up Deepens In Kuwait In Bid To Draw Stock Investors
Middle East Business News - Published date: .
The bourse will divide its stocks into three sections, based on criteria including their market capitalisation and the v... Read more
Bitcoin Breaches $7,000 In Downbeat End To Dismal Quarter
Middle East Business News - Published date: .
The moves took the token’s losses in 2018 to a whopping 50 per cent, and other digital assets, including rivals Ripple... Read more
$1.5tr Fund Dares Active Crowd To Prove Its Worth
Middle East Business News - Published date: .
Only if they outperform their benchmarks will the active managers see increased fees Read more
Chinas Yuan To Post Biggest Quarterly Rise Against Dollar In A Decade
Middle East Business News - Published date: .
Yuan appreciated around 3.7 per cent during the March quarter Read more
Saudi Arabias Emerging Market Status Comes With Sobering History
Middle East Business News - Published date: .
The Saudi stock benchmark advanced to the highest since 2015 Wednesday before FTSE Russell’s decision Read more
Dar Al-Arkan Lists $500 Million Sukuk On Nasdaq Dubai
Middle East Business News - Published date: .
Listing supports Dar Al-Arkan’s financing strategy to access the capital markets Read more