Thursday 23 May 2013
 
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Emirates NBD unit launches loyalty program

Emirates NBD Securities, the brokerage arm of top UAE lender Emirates NBD, said it has launched 'Tharaa’, a unique loyalty program designed to reward its valued investors upon executing trades. Tharaa, the Arabic term fo

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ADS Securities launches CFD products

  ADS Securities (ADSS), an Abu Dhabi based brokerage and financial services trading company, has launched a new range of CFD (contract for difference) trading products specifically designed for Mid

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Al Ramz sees new licences, deals in 2012

Al Ramz Securities, one of UAE’s leading brokerage houses, marked its growth in 2012 with several new services, major recognitions and key partnerships. Al Ramz kicked off the year with the Emirates Securities and Commoditie

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Shuaa seals deal with Indonesian brokerage

Dubai-based investment bank Shuaa Capital said it has entered into a MoU with PT Pratama Capital  Indonesia (PCI), the country's leading brokerage, to offer a variety of investment banking services to issuers and investors of both the n

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GCC reinsurers upbeat on 2012 prospects

Market sentiment remains upbeat among reinsurers and brokers operating in the GCC amid hope that the impact of last year's near-record burden of catastrophe losses will translate into an improved pricing and profitability outlook, according

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Egypt bars brokerage from trading foreign stocks

Egypt's markets watchdog has told local brokerages and portfolio management firms that they can no longer trade foreign securities, saying it exposes investors to risks that Egyptian authorities are unable to monitor. A decree signed this

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Banque Saudi Fransi Q1 net up 10pc

Banque Saudi Fransi registered a 10 per cent gain in its first-quarter net profit on the back of improved operating income, the bank said, edging ahead of analysts’ expectations. The SR789 million ($210.4 million) it earned in the first th

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Qatar banks delay launch of brokerages

Several Qatari banks may delay or even halt plans to offer brokerage services following a recent directive from Qatar's central bank about the activities they would be allowed to carry out, sources said. The central bank sent a circula

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DFM index breaks two-year downtrend

The Dubai Financial Market General Index (DFMGI) broke its two-year downtrend surging by over 29.5 per cent during the period from January 17, 2012 to date, said a leading UAE brokerage in its report. The recent results affirm signs of a m

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Adib unit named UAE’s top brokerage

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial group, announced that Adib Securities, its brokerage subsidiary, was ranked number one brokerage firm among UAE brokerage firms. The ranking was allotted in terms of market share

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