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UAE to allow trading in rights offerThe United Arab Emirates' securities regulator has decided to allow investors to trade subscription rights for share offers, the regulator said on Monday. The reform al More… |
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Saudi share trading down 19pc in MayThe total value of shares traded at the Saudi Stock Exchange in May fell 19.42 per cent to SR116.26 billion ($31 billion) over the previous month even as the foreign investors bought SR2.24 billion worth of shares. The value of sh More… |
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Bahrain Bourse to promote online tradingBahrain Bourse (BHB) has announced a two-year-long incentive programme to encourage the adoption of online trading by brokers and investors, said a top official. In a statement yesterday, BHB director Fouad Rashid said the online More… |
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Kuwait bourse trading value hits 44-month highKuwait's bourse resumed its rally and trading value surged to a 44-month high on Thursday, backed by investors' sense that the economic and political environment for the country is improving. Most other regional markets rose. More… |
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Growth and regulation of binary options industryItaly’s recent decision to ban a number of binary options websites in the country because of their close resemblance to gambling has re-opened the issue for governments and regulators across the world whether to class bin More… |
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Egypt bourse to restart same-day tradingEgypt's stock exchange will reinstate the buying and selling of single stocks in the same session from the first week of next month in an effort to boost market volumes. The ability to buy and sell a stock in the same session More… |
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ForexTime launches new trading platformForexTime, a leading forex broker, has launched a new a platform that provides the company’s traders with the ability to follow and mirror the activities of professional and talented traders globally. The partnership with Zu More… |
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DMCC hosts first Islamic commodity tradeThe Dubai Multi Commodities Centre (DMCC) has hosted the first transaction on its new sharia-compliant commodity trading platform, a deal done between two local banks, company officials told Reuters on Monday. The Dh50 million ($1 More… |
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DMCC to launch Islamic commodity trade platformDubai's government-owned commodities centre is launching a sharia-compliant commodity trading platform which Islamic banks in the Gulf could use to manage their short-term fund flows. The Tr More… |
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Al Ramz Securities tops DFM trading in FebAl Ramz Securities, one of the UAE’s leading brokerage houses, continued its domination of the local market this year, posting a total trade value of Dh2.62 billion ($713 billion) in February to account for 10.82 per cent of UAE stock exch More… |
