Exchange companies in the UAE have come together to form the Foreign Exchange and Remittance Group (Ferg).
The main objective of the move is to work for the betterment of the exchange industry and create a conducive environment fo
Mezzan Holding has filed an application with Kuwait’s Capital Markets Authority to list on the Kuwait Stock Exchange (KSE).
The company plans to list on the official bourse following a secondary offering of 88.95 million sha
Fresh calls have been made for the release of a former exchange company employee, who has been behind bars for almost three years.
Indian Binil Kumar was arrested in November 2011 on charges relating to an illegal transaction that
Bahrain Financing Company (BFC) has opened a branch in East Riffa, which expands the money transfer and foreign exchange group's retail network to 39 locations.
Located close to the International Medical City Hospital on Bayna
Trading volumes in the Dubai Gold and Commodities Exchange (DGCX) grew 18 per cent in July from the previous month. It traded 992,061 contracts valued at $29.95 billion during the month.
DGCX Gold Futures traded 39,536 contracts in July
Gold broke below the key psychological level of $1,300 an ounce on Thursday as safe-haven demand for the metal eased due to rising Asian equities and strong Chinese manufacturing data.
Physical demand in the region, however, incre
Abu Dhabi Securities Exchange (ADX) has signed an agreement paving the way for bonds and other debt instruments to be listed and traded through the bourse, it said in a statement on Sunday.
The introduction of debt listing and tra
Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has opened 15 new branches in the country recently, with an aim to continue its expansion plans.
The recently opened branch
The UAE has started the second stage of its work on the exchange of information for tax purposes based on the positive assessment made during the Global Forum on Transparency and Exchange of Information.
The announcement was made
Emirates Telecommunications Corporation (Etisalat), a leading telecoms operator in the Middle East, Asia and Africa, has completed the listing of its $7 billion Global Medium Term Note (GMTN) programme on the Irish Stock Exchange (ISE).