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24 May 2025

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No time set for foreign entry

Saudi Arabia is yet to finalise a timeframe for when it will open up its stock market for direct foreign ownership, the

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Kerry mourns lack of positive steps in Ukraine

Secretary of State John Kerry is telling the Russian foreign minister that he is deeply concerned over what he

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China approved 88 FII by March to invest $17bn

China has approved 88 foreign institutional investors (FII) as at March 31, to invest a total of $17.07 billion (

DSF 2013: Money exchanges see 10-15% increase in transactions

It’s not just a month for shopping and winning in Dubai, but it’s also turning out to be a huge boost to Dubai’s

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Euronext buys 25 per cent stake in Doha bourse

Qatar has agreed to sell a 25 per cent stake in the Doha Securities Market (DSM) to NYSE Euronext for $250 million (

ADX 'must diversify to stabilise and grow'

The Abu Dhabi Securities Exchange (ADX) must diversify in order to stabilise and grow, a senior executive said.

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Nasdaq retracts statement on Dubai deal

(AFP)         Nasdaq said it erred in releasing a statement earlier on Friday that said the US government had cleared a

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Kuwait to sell 40% of national airline

Kuwait wants to sell 40 per cent of loss-making national carrier Kuwait Airways [KA.UL] to the public and 35 per cent

Nasdaq Dubai delists du futures contract series

Nasdaq Dubai delisted single stock futures of Emirates Integrated Telecommunications Company (du) from today, owing to

BFX will be a positive step with innovative solutions

The Bahrain Financial Exchange (BFX), the second international financial exchange in the region, is intended to provide

Euro highly unlikely to dethrone dollar

Dollar is likely to retain its primacy and there is little probability that the euro usurps its role, researchers at

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Foreign banks continue to pump funds into Gulf

Foreign banks are still pumping funds into the Gulf banking sector in the hope they will net massive profits from an