markets


What To Expect From BOJ And ECB This Week

Middle East Business News - Published date: .

European Central Bank is likely to have the more divided internal policy discussions when its Governing Council meets on... Read more

Saudi Acwa Power Picks JPMorgan, Citi For IPO: Sources

Middle East Business News - Published date: .

The two international banks have been selected as global coordinators and a third international bank is close to being c... Read more

Etisalat Plans $2b Buyback, Shares Climb

Middle East Business News - Published date: .

Etisalat, recommended purchasing up to five per cent of the phone operator’s paid-up capital, or 434.8 million shares Read more

Stocks Fall As Trade Threats Loom; Dollar Rises

Middle East Business News - Published date: .

The S&P 500 Index dropped for the fourth time in five days Read more

Libyas Biggest Oil Field Sharara Is Said To Resume Production

Middle East Business News - Published date: .

Libya was producing 1.1 million barrels a day as of March 1, with Sharara contributing 300,000 of that Read more

Dual-listed Shares Witness Buying In Quiet Dubai Market

Middle East Business News - Published date: .

First Abu Dhabi Bank, which will go ex-dividend on Tuesday, may weigh on Abu Dhabi index Read more

Egyptian Exchange To Launch Derivatives Soon

Middle East Business News - Published date: .

The bourse is expecting 5-6 Initial Public offerings from the private sector this year Read more

UAE May See Public Listing Of Four Companies This Year

Middle East Business News - Published date: .

The companies mainly belong to aluminium, electricity, services and financials Read more

DGCX Plans To Introduce Sharia-compliant Gold Product

Middle East Business News - Published date: .

The first ever Sharia compliant spot gold contract to go live on March 29 Read more

Saudi Underperformance Pins Lacklustre Earnings Season And A New Zakat Regime

Middle East Business News - Published date: .

Fourth quarter earnings was a dry spell, with the aggregate net profit of the banks declined 7 per cent sequentially dri... Read more

Saudi ACWA Power Picks JPMorgan, Citi, NCB Capital For IPO

Middle East Business News - Published date: .

An IPO is expected by the end of the year Read more

Oil Prices Climb Ahead Of Opec Meeting With US Shale Firms

Middle East Business News - Published date: .

Opec to meet with US shale firms in Houston Read more

Sluggish Moves Continue On UAE Bourses

Middle East Business News - Published date: .

Traded value tumbles to Dh129 million compared to an average of Dh272 million last week Read more

Pound Investors See May Giving In To EU To Break Brexit Deadlock

Middle East Business News - Published date: .

Strains have grown between the two sides in the Brexit talks Read more

Semiconductors, Tech Stocks May Be At Risk If Trade War Broadens

Middle East Business News - Published date: .

Those warnings are now sounding more ominous to investors concerned about a trade war between the world’s two biggest ... Read more

US Drillers Add Oil Rigs For 6th Consecutive Week

Middle East Business News - Published date: .

Drillers added 1 oil rig in the week to March 2, bringing the total count to 800, the highest level since April 2015 Read more

Quebec Throws Cold Water On Bitcoin Miners Seeking Cheap Power

Middle East Business News - Published date: .

Earlier this week, Hydro-Quebec warned that there won’t be cheap power Read more

Bitcoin Has Entered The Awkward Adolescence Stage

Middle East Business News - Published date: .

Derivatives give us greater visibility into Bitcoin price moves Read more

GFH Joins As A Founding Partner In Bahrains Fintech Hub

Middle East Business News - Published date: .

The partnership reflects GFH’s strategy to strengthen the integration of Fintech in the region and to support the deve... Read more

For Two Dollar Bears, The Only Question Is How To Play The Slide

Middle East Business News - Published date: .

The funds take a dim view of the greenback’s prospects in the coming years, even as its first monthly gain since Octob... Read more