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23 July 2024

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Finance House posts profit

Abu Dhabi Exchange-listed Finance House has posted a net profit of Dh62.13 million ($16.91 million) for the first half

UAE welcomes announcement of humanitarian pause in Gaza and expresses hope of a permanent ceasefire

The UAE has welcomed the announcement of a humanitarian pause in the Gaza Strip, and the agreement to exchange

ADX and Stanchart in custody deal

Abu Dhabi Securities Exchange (ADX) and Standard Chartered signed a custody agreement, which will both encourage and

Oman warns of fake Indian rupee in GCC market

Oman has told citizens travelling to India to take foreign currency and avoid having rupees following the discovery of

ADX plans new investment tools

The Abu Dhabi Securities Exchange (ADX) is planning to introduce new investment tools and attract more institutional

Iranian stock exchange woos Dubai investors

Iran's bourse the Tehran Stock Exchange (TSE) has conducted a roadshow in Dubai to attract foreign investors. The head

South Indian Bank plans more tie-ups in GCC countries

South Indian Bank (SIB), one of the largest private banks in India, is tying up with Sri Lanka's Hatton National Bank (

MSCI monitoring Egypt bourse

Index provider MSCI said on Thursday it would consult with investors on the function and accessibility of the Egyptian

Indian, Pakistan rupee vs US dollar in 2015: How much fall

The US dollar's strength against Asian currencies is leading to a surge in remittances from migrant workers in the Gulf

Kuwait set to revive bourse regulator bill

Kuwait's commerce and industry minister will brief a parliamentary committee on Thursday to revive plans to set up a


Asia stiffens resolve to resist capital inflows

Asian governments reached for policy tools and rhetoric on Tuesday to resist capital inflows that are boosting their

Market conditions force ADX to delay ETFs further

The Abu Dhabi Securities Exchange (ADX) is postponing plans to launch exchange-traded funds (ETFs) due to market