Al Ramz Securities, a leading financial institution, continued to top trading at the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) for the month of February following its strong market-leading start last month.
The brokerage firm traded at Dh10.2 billion ($
IFC, a member of the World Bank Group, has signed an agreement to provide subordinated loans of $150 million for 10 years to leading Lebanese bank Bank Audi.
The deal was signed in co-ordiantion with the IFC Capitalization Fund, managed by the IFC Asset Management Company.
More than 500 participants ranging from SMEs, start-up supports and investors to innovation stakeholders are expected to take part in an upcoming investment forum in Abu Dhabi.
The 10th Annual Meeting and Forum, organised by the International Network for Small and Medium Enterpri
Abu Dhabi-based Insurance House said it has registered healthy results for the second financial year with a net profit of Dh9.56 million ($2.6 million) for the year ended December 31, 2013.
Addressing the second Annual General Meeting, chairman Mohammed Abdulla Alqubaisi said: &q
Flows into exchange-traded funds (ETF) and exchange-traded product, (ETPs) listed globally rebounded in February gathering net inflows of $29 billion which, when combined with the positive market performance in the month, pushed assets in the global ETF/ETP industry to a new record high of $2.4
Telecom operator Zain Bahrain and a firm involved in running petrol stations are among the firms preparing for an initial public offer (IPO) of shares on Bahrain's stock exchange this year, a top bourse official said.
IPOs have been rare in Bahrain in recent years.
Serbia has signed an agreement for a $1 billion loan from Abu Dhabi, the emirate's Department of Finance said on Thursday, boosting the Balkan country's drive to find investors from outside the euro zone.
Serbian Finance Minister Lazar Krstic had said on Wednesday that th
Amr Al-Jallal, described as a key member of Banque Saudi Fransi's equity capital markets operation, has left the bank to join Saudi Arabian investment firm Jadwa, the head of Fransi's investment bank confirmed.
Jallal, who was senior vice-president of investment banking a
The Dubai Multi Commodities Centre (DMCC) aims increase both the volume and size of transactions on its sharia-compliant commodity trading platform by partnering with a global brokerage.
This week, the DMCC partnered with global brokerage firm BGC Partners, an affiliate of New Yo
Units of the Islamic Development Bank , a multilateral lender, and sovereign wealth fund Kuwait Investment Authority (KIA) have signed an agreement to invest jointly in Morocco's private sector.
The partnership between the Jeddah-based Islamic Corporation for the Development