A Dubai-based private investor has been fined a record $9.6 million for manipulating the securities of Indian refining giant Reliance Industries on the London Stock Exchange.
Britain's Financial Services Authority (FSA) said on Wednesd
The Singapore Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion
European clearinghouse LCH.Clearnet confirmed on Saturday it has received a string of offers from exchange operators interested in pursuing some form of business tie-up but said talks were still at an early stage.
On Friday a source told R
Dubai's ambition to become an international equity hub may have been put on ice by its need to repay debts, but the emirate could still become a magnet for global equity funds if the UAE consolidates its bourses and earns MSCI emerging market
Abu Dhabi has not made an offer to buy Dubai financial services assets, which includes the Dubai International Financial Centre (DIFC) for $1.5 billion, the DIFC governor was reported as saying.
'There are no offers fr
Qatar, which on Tuesday agreed to sell 25 per cent of its stock market to NYSE Euronext, is in talks with London and German stock exchanges about new partnerships, the Gulf state's sovereign wealth fund said.
Qatar, the world's biggest exp
Global Investment House, a leading asset management and investment banking company operating across 16 countries in the GCC and the wider Mena region, has listed its Global Depositary Receipts (GDRs) on the regulated market for listed securities o
Borse Dubai said on Sunday it could consider selling a stake in the London Stock Exchange Group (LSE) to Qatar, but had not received any approaches and was unlikely to divest the stake in the short term.
Borse Dubai and the Nasdaq Stock Ma
The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20 percent stake in the London Stock Exchange.
Earlier, UAE group Borse Dubai agreed to buy a 28-percent LSE holding from the US Na