Monday 1 September 2014
 
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UAE bourse changes margin lending rules, penalties

The UAE stock market regulator has introduced new margin lending rules and vowed to crack down on unlicensed lending, it said in a statement on its website. Margin lending - borrowing with cash or share holdings as security, has b

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Al Basel nets $13m from Dubai projects sale

  UAE-based Al Basel Real Estate Brokers said it has achieved over Dh50 million ($13.6 million) through sales and rental business from its Dubai-based projects during the fourth quarter of 2012.   

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Qatar Exchange joins BT community

BT, a leading provider of communications services and solutions, said Qatar Exchange has become the latest in the Middle East region to join its Radianz community. The others in the Middle East include Dubai Financial Market, Nasdaq Dubai,

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Top banks brokers for ADS Securities

Global banking leaders Goldman Sachs and BNP Paribas have joined ADS Securities, the Abu Dhabi-based brokerage and trade services provider, as prime brokers, and will offer foreign exchange prime brokerage solutions. The two banks will pro

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Brokers ready to employ new system says DFM

Dubai Financial Market (DFM) announced today that its licensed brokers and custodians are fully ready to employ the newly introduced settlement mechanism called “Delivery versus Payment” (DvP). DFM went live with DvP on April 28, placing

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Insure Direct wins top broker award

Insure direct (Brokers), a Dubai-based leading supplier of insurance broking services, was recently named the Commercial Lines Broker of the Year at the inaugural Gulf Insurance Awards. Instituted by Gulf Insurance Review (GIR), the leadin

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Oman warns brokers on insider trading

Oman's Capital Market Authority (CMA) on Sunday warned brokers not to leak the financial statements of listed companies before they are published. "The CMA affirms that the aim is to enhance transparency among traders (brokers) and not to

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Insure Direct eyes plans for new insurances

Insure Direct, a Dubai-based leading supplier of insurance broking services, is set to forge into key new sectors including marine, energy, construction and related liability insurances following a start to its new European alliance. The c

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DFM brokers shift to new trading platform

Dubai Financial Market (DFM) licensed brokers hailed the successful migration to the new trading platform (X-Stream), as a major milestone in DFM’s drive for excellence and development. The shifting to the new trading system was welcomed b

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Investors ‘dissatisfied’ with Dubai brokers

Sixty-one per cent of consumers who bought property in Dubai in the last two years are dissatisfied with the performance of real estate agents who brokered their purchases, says a study. Harbor Real Estate Brokerage, an integrated real est

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