Bank Muscat, Oman's largest lender, has sold its brokerage business to Gulf Baader Capital Markets, a brokerage firm based in the sultanate, the lender said.
The decision to sell the business was due to the bank's review o
The UAE Securities and Commodities Authority urged brokerages that extend margin trading services to obey regulations and sell clients' shares if shortages in their accounts are not filled on time.
The market regulator said it
Dubai Financial Market (DFM) has accredited five brokerage firms to provide margin trading, lifting the total number of firms providing this service to 24.
The firms include Al Safwa Islamic Financial Services, Global for Shares &
Mubasher, a leading provider of brokerage services in the Middle East, said its 'Mena Favorite List' (Mena FL) has generated a total return of more than 33.28 per cent in US dollar's outperforming benchmark (Dow Jones Mena total retu
Dubai-based brokerage I-Deal said it has launched the region’s first Shariah-compliant managed commodity account, ”Mawthooq.”
The innovative new offering is a professionally managed investment account that provid
The Dubai Multi Commodities Centre (DMCC) aims increase both the volume and size of transactions on its sharia-compliant commodity trading platform by partnering with a global brokerage.
This week, the DMCC partnered with global b
Al Ramz Securities, a leading UAE brokerage house, kicked off 2014 on a strong note emerging on top of Dubai Financial Market, Nasdaq Dubai and Abu Dhabi Securities Exchange trading for January.
The brokerage firm traded at Dh8.85
Mubasher Financial Services, a leading provider of brokerage services in the Middle East, has opened a new branch in Sharjah, as part of its growth strategy.
The new office will serve the wider North Emirate including Ras Al Khaim
UAE-based investment bank Menacorp has been ranked the number one brokerage house in the UAE by trade value for 2013, according to a recent report.
The bank bested 49 competitors at the DFM and ADX exchanges through the year, deli
HSBC Saudi Arabia has signed an agreement with National Technology Group (NTG) “Mubasher” to provide a new generation of e-trading services in the regional and global markets.
The Saudi bank offers security brokerage s