DFM waived the minimum trading commission from September 1 as part of efforts to stimulate and streamline trading
Capital Markets
Capital Markets
Morgan Stanley puts buoyant Saudi stocks back on the buy list
Financials and materials stocks have been the best performers on the MSCI Saudi Arabia index this year
ADNOC
UAE sees most MENA equity capital market activity in first half of 2021
Equity and equity-related issuance in the MENA region totalled $2.1 billion during the first half of 2021 marking a 139 percent increase in proceeds and the highest total since 2018
2021 Predictions
Investment predictions: where your money might fare best in 2021
Changes in equity returns, market share shopping & international green appeal, forecasts Shuaa CEO Jassim Alseddiqi
Capital Markets
Softbank to allow $10 investments in IPOs
One Tap BUY Co. expects to begin sales as early as March 2020 after obtaining regulatory approvals
Abraaj Capital
More corporate governance needed in wake of Abraaj collapse, says Daman Investments
Daman chairman Shehab Gargash he believes that there is still “ad hoc” governance over companies and traders
Abu Dhabi
Insider trading banning goes into effect in the UAE
The ban is valid for 15 days before Q1 2019 statements are issued by companies trading at ADGM or DFM
Capital Markets
Deutsche Bank seeks to rebuild in Middle East after cost cutting
Jamal Al Kishi, Middle East and Africa CEO, said Deutsche Bank said it expects to be involved in large financing deals and M&A
Abu Dhabi
Abu Dhabi appoints new ADX chair, board
The move comes a day after ADX signed a partnership with Equinox to explore blockchain technologies
Aramco IPO
Banks expected to share tiny proportion of mammoth Saudi Aramco IPO
Bankers hoping for piece of larger Vision 2030 pie
2018 Predictions
2018 Predictions: Suleiman Mohammed Al Rubaie, deputy CEO, Global Investment House
Finance and investment: adapting and prospering in a new landscape