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Kuwait bourse trading value hits 44-month highKuwait's bourse resumed its rally and trading value surged to a 44-month high on Thursday, backed by investors' sense that the economic and political environment for the country is improving. Most other regional markets rose. More… |
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Growth and regulation of binary options industryItaly’s recent decision to ban a number of binary options websites in the country because of their close resemblance to gambling has re-opened the issue for governments and regulators across the world whether to class bin More… |
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Egypt bourse to restart same-day tradingEgypt's stock exchange will reinstate the buying and selling of single stocks in the same session from the first week of next month in an effort to boost market volumes. The ability to buy and sell a stock in the same session More… |
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ForexTime launches new trading platformForexTime, a leading forex broker, has launched a new a platform that provides the company’s traders with the ability to follow and mirror the activities of professional and talented traders globally. The partnership with Zu More… |
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DMCC hosts first Islamic commodity tradeThe Dubai Multi Commodities Centre (DMCC) has hosted the first transaction on its new sharia-compliant commodity trading platform, a deal done between two local banks, company officials told Reuters on Monday. The Dh50 million ($1 More… |
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DMCC to launch Islamic commodity trade platformDubai's government-owned commodities centre is launching a sharia-compliant commodity trading platform which Islamic banks in the Gulf could use to manage their short-term fund flows. The Tr More… |
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Al Ramz Securities tops DFM trading in FebAl Ramz Securities, one of the UAE’s leading brokerage houses, continued its domination of the local market this year, posting a total trade value of Dh2.62 billion ($713 billion) in February to account for 10.82 per cent of UAE stock exch More… |
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Saudi steps up oil trading with Fujairah storageSaudi Arabia has sharpened its edge in oil trading by leasing oil storage in Fujairah, allowing the producer's new trading arm greater flexibility in both buying and selling oil products. Growing domestic demand means the lead More… |
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DFM swings to 2012 net profitDubai Financial Market (DFM), one of Arab world's leading bourses, has recorded a net profit of Dh35.2 million ($9.58 million) for 2012 compared to a net loss of Dh6.9 million the previous year. The company's total revenue More… |
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BFX trading turnover tops $50bn markThe Bahrain Financial Exchange (BFX) has achieved a major milestone this month when its total cumulative trading turnover crossed the $50 billion mark driven by a 69 per cent jump in the total trading volume which soared to over 4 million More… |
