Albanian authorities have detained the 27-year old who allegedly fled Turkey in 2021
Trading
UAE’s oldest investment services firm acquires new Category 1 license
Century Financial, which has a long history in UAE-based investments, has strengthened its three decades of market presence by acquiring the new Category 1 SCA license
Merger of Emaar Properties, Emaar Malls to complete this month
In a filing to Dubai Financial Market (DFM), the retail and shopping mall giant confirmed that there had been no objections to the proposed deal and that “all the merger conditions have been met”
OCI, Adnoc push ahead with IPO of fertiliser venture
Investors could be offered around a 10 percent to 15 percent stake in Fertiglobe through the IPO, according to sources
UAE, Zimbabwe sign pact that may see Victoria Falls gold market
Zimbabwe wants to open the exchange in a bid to create a reference market that will see miners offered competitive prices, said Justin Bgoni, chief executive officer of the VFEX
ADQ reveals plans to take Abu Dhabi Ports Company public
Shares in the government-owned port operator in the capital of the United Arab Emirates will be listed on the Abu Dhabi Securities Exchange
Emaar merger given green light from authorities
Emaar Properties and Emaar Malls merger has received the approval of the Securities & Commodities Authority
Passing the trading torch: CFI MD discusses the next generation
Hisham Mansour, co-founder and managing director of CFI Financial Group, talks young traders, beginner steps, attractive commodities and the pandemic
How exchange traded funds are gaining regional traction
Abu Dhabi’s Chimera Capital’s ETF has hit AED100m in assets under management just short of its one-year anniversary
India’s proposed import gold exchange regulation plan faces scepticism from traders, experts
The move on the international bullion exchange by the South Asian country will have a major bearing on the UAE, which is India’s major trade partner for the yellow metal – for both exports and imports
ADNOC Distribution secures spot on FTSE Emerging Markets Index
UAE’s largest fuel and convenience retailer will feature in the FTSE EM Index from September 16
Why gold is retaining its sparkle among investors amid competition and Covid
Expert analysts agree that gold remains an attractive long-term investment option
The importance of an investment benchmark
Investing is a personal experience, and so the right benchmark will differ from person to person
Saudi Stock Exchange resumes trading after technical issue
Middle East’s biggest stock exchange was suspended for two hours on Wednesday due to technical glitch
International investors showing ‘deep confidence’ in Dubai’s bourse, says chairman
Essa Kazim says stock market is well positioned to attract further foreign investments and strengthen trading activity
ADNOC Distribution eyes more foreign investors after MSCI boost
The UAE’s largest fuel and convenience retailer says that it will be included in the MSCI Emerging Markets Index from May 27
Dubai shares lead Mideast gains on property optimism: Inside EM
The Dubai Financial Market General Index jumped about 1 percent as Emaar advanced as much as 2.8 percent, the biggest gain on the gauge in point terms