Financial markets may be more vulnerable to traders' stress levels than previously thought, according to a scientific study which found that high levels of the stress hormone cortisol can induce risk aversion.
The findings, wh
Regulators, scholars and simple economics are pressing Islamic banks in the Gulf to diversify their money market transactions, a trend which could spur growth of the region's financial markets.
Islamic money market assets have
Australia is well positioned to handle a severe global financial market disruption and has ample room to cut its policy interest rate if world growth falters, the International Monetary Fund said on Saturday.
The Australian central bank on
Al Hilal Bank, a leading UAE-based Islamic bank, will discuss the current state of Arab and global Islamic banking at an upcoming financial markets forum in Abu Dhabi.
Organised by the National Bank of Abu Dhabi (NBAD), the two-day Global
Many options investors scrambled on Friday to hedge their risk on fear of further financial market fallout due to the unrest in Egypt.
Risk perception changed sharply ahead of the weekend, partially in response to mass protests in the larg
Shuaa Capital, the GCC's leading financial services institution, has requested the Dubai Financial Market to issue 515 million new shares to Dubai Banking Group (DBG), making DBG the biggest shareholder in Shuaa.
This follows the agree
Turbulence in the global banking system has not disrupted Morocco’s plan to integrate further into financial markets by opening capital accounts and adoptinga more flexible exchange rate, central bank officials said.
The north Af