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23 July 2024

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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


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.


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

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


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

G20 to debate China's yuan policy: Canada

China's controversial currency policy will be discussed at an upcoming G20 summit, a Canadian official said, despite an

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


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


Bangladesh Jan remittances set monthly record

Bangladeshi migrant labourers have sent home a record $1.22 billion in January this year, easing concern over the

ADX aims to be most active bourse in region

The Abu Dhabi Securities Exchange (ADX) said yesterday it was pushing ahead with plans to introduce exchange trade