Tuesday 31 March 2015
 
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Investors warned over re-pricing risk in Q2

The current cycle of “extend and pretend” is coming to an end as the planned economy model of the past eight years comes to breaking point, an investment specialist has warned investors. The second-quarter (Q2) outlook

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Nexen to close down crude oil trading division

Nexen Energy, a wholly owned subsidiary of China's CNOOC, is closing its crude oil trading division following a round of job cuts announced last week, four market sources said. The Calgary-based company, which was acquired by

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Orascom Construction set for Egypt trading

Shares in Egypt's Orascom Construction (OC) will start trading on the Cairo stock market on Wednesday, the Egyptian Exchange said on Tuesday. The bourse, which had earlier in the day said it was still undecided on the date, sa

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Saxo Bank launches stock market contest for students

Saxo Bank, a fully licensed and regulated Danish bank specialising in online trading and investments, has launched its first ever stock market competition. ‘The Abu Dhabi University Postgraduate Investment Competition 2

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Saxo Bank launches stock market contest for students

Saxo Bank, a fully licensed and regulated Danish bank specialising in online trading and investments, has launched its first ever stock market competition. ‘The Abu Dhabi University Postgraduate Investment Competition 2

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Saudi ranks 5th on consumer confidence scorecard

Saudi Arabia ranked fifth in Credit Suisse’s consumer confidence scorecard, with the kingdom having the highest market penetration which indicated that market opportunity lies in the trading up of goods. The fifth annual Eme

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Bahrain’s govt Islamic lease securities trading starts

Government Islamic lease securities (Sukuk Al Ijara) issued by the Central Bank of Bahrain yesterday (February 2) got listed on the Bahrain Bourse (BHB), it was announced. It will now be traded openly under the symbol GILS.22.SUKU

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Sugar market outlook in focus at Dubai conference

Outlook, trader debates and refining updates will take centre stage at a renowned event in the world of sugar trading to be held in Dubai this month. The 11th annual Kingsman Dubai Sugar Conference will run from January 31 to Febr

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Mubasher offers MetaTrader4 platform

Mubasher Financial Services, a top financial institution, has launched the MetaTrader 4 platform (MT4), a well-known online trading platform designed to provide brokerage trade services to customers. The platform has established i

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Al Ramz Capital tops UAE’s securities market

Al Ramz Capital, a leading financial services firm in Abu Dhabi, topped the UAE securities markets last year with combined trading volumes of more than Dh111 billion ($30.2 billion). Its total combined market share at the Dubai Fi

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