Search Results for: Dubai
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
Gulf markets edge up on Q2 results, firmer oil
August 6th, 2015
Most Gulf stock markets edged up early on Wednesday as Brent oil climbed back above $50 per barrel and shares in DAMAC soared after the Dubai developer reported a more than tripling in its quarterly profit. Dubai’s stock index ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
One Financial Markets Expands UAE Operations with Senior Appointments and New Offices
July 28th, 2015
One Financial Markets’ global growth continues, with the appointment of five former senior management team members from Alpari DMCC, new premises in Dubai, a new office in Abu Dhabi and further expansion in London. The ex-Alpari DMCC employees will ...
UAE investors’ top three goals
July 27th, 2015
UAE investors’ top three goals are buying a new home (25%), starting or investing in a new business venture (21%) and retirement (13%), according to Franklin Templeton Global Investor Sentiment Survey. Hafeez Abdullah, Chairman of ‘The H Holding Enterprise’, ...
ASIC bans former GTL Tradeup Pty Ltd director
July 23rd, 2015
Mr Andrew Jeffers, a Certified Practising Accountant from Sydney, NSW, has been banned from providing any financial services until 21 May 2018. Mr Jeffers was banned after ASIC found that GTL Trade Up Pty Ltd (In Liquidation)(GTL), a company of ...
Menaсorp Now Offers Trading on DGCX via MetaTrader 5
July 23rd, 2015
One of the leading brokers in the Arab world Menaсorp has officially launched MetaTrader 5 on the Dubai Gold and Commodities Exchange (DGCX). Now, Menaсorp customers can trade the financial instruments available at the exchange enjoying all the advantages of the ...
Singapore fintech startup ApexPeak acquires Netherlands-based Asyx
July 22nd, 2015
Asyx gets long-term financial backing to support expansion ApexPeak gains state-of-the-art financial services platform Singapore-headquartered fintech (financial services technology) startup ApexPeak said it has acquired Netherlands-based supply chain finance and collaboration solutions provider Asyx. Acquisition terms were not disclosed. ApexPeak, founded ...
IG Group Preliminary results for the year ended 31 May 2015
July 21st, 2015
IG Group announced today results for the year ended 31 May 2015 Operating and financial summary Good growth in revenue(1); underlying(2) up 8% at £400.2 million; reported up 4.9% at £388.4 million Reported results impacted by Swiss franc event ...
UAE now one of top 10 markets in the world for retailers
July 16th, 2015
The UAE has been named as one of the top 10 markets for retailers in the world The Retail Operations Index by the construction consultancy Arcadis found that the UAE was the eighth-most popular global location among international retailers ...
