A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.
Google surged 16.26 percent to end at an all-time high of $699.62, a day after repor
UAE-based Menacorp, a leading financial services firm, has become the first brokerage firm in the region to receive derivative membership under international financial exchange Nasdaq Dubai.
It will act as a trading and clearing m
Sheikh Ahmed Bin Saeed Al Maktoum, chairman and chief executive of Emirates Airline and Group, today rang the market-opening bell to celebrate the listing of a $913 million Sukuk by Emirates Airline on Nasdaq Dubai.
The listing br
The two main stock exchanges in the UAE are trying to attract market makers but some industry professionals say Abu Dhabi is offering more generous financial terms and more liberal rules than Dubai, suggesting it may have more success.
Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on gloomy US economic data.
Borse Dubai ruled out any sale of its shares in Nasdaq OMX Group after shedding its entire 17.4 per cent stake in the London Stock Exchange (LSE).
The firm had been the biggest single shareholder in the LSE prior to the sale, whic
Mubasher Financial Services, one of the Middle East’s leading financial institutions, has announced that it has been recognised by Nasdaq Dubai as the ‘Retail Broker of the Month’ for January 2015.
Flydubai celebrated the listing of the airline’s $500 million (Dh1.84 billion) inaugural sukuk on Nasdaq Dubai.
Ghaith Al Ghaith, chief executive officer of flydubai, today (January 14) rang the market-opening bell, for the
Bahrain-based Gulf Finance House (GFH) has signed a memorandum of understanding with Nasdaq Dubai to list a new sukuk of $200 million.
In a filing to the Bahrain Bourse, GFH said it plans to use the proceeds from the sukuk to repay curr
Saudi Arabia-based Dar Al Arkan Real Estate Development Company has listed three sukuks totalling Dh4.22 billion ($1.1 billion) on Nasdaq Dubai.
The listings from the prominent Saudi Arabian property developer