Friday 29 March 2024
 
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financial markets

UAE financial markets closed 4 days from August 31 for Eid

UAE financial markets will be closed from August 31 to September 3 on the occasion of Eid Al Adha, the Securities and Commodities Authority (SCA) announced in a circular on Saturday. Trading will resume on September 4, reported Wa

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UAE markets to remain closed on January 1

UAE’s financial markets nationwide will remain closed on Sunday, January 1, 2017, reported WAM, the Emirates official news agency. Work will resume on Monday, January 2, according to the Securities and Commodities A

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IPO cycle to gain momentum says ADX chief

Abu Dhabi Securities Exchange is preparing a stronger trading platform and new regulations to support a development drive in anticipation of a pickup in IPO offerings as well as turnaround in the global financial market, its CEO said.

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New Qatar initiative to boost financial services

Qatar Finance and Business Academy (QFBA) has launched a new initiative designed as a training and competency framework to elevate and advance the country’s financial services sector. The Kafa’a initiative will serve a

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Weak oil depresses assets in Russia, Middle East

Oil's lurch to a new four-year low on Thursday sent growing tremors through the financial markets of Russia and energy-reliant economies in the Middle East. As expectations waned that producing countries will take meaningful a

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Weak oil depresses assets in Russia, Middle East

Oil's lurch to a new four-year low on Thursday sent growing tremors through the financial markets of Russia and energy-reliant economies in the Middle East. As expectations waned that producing countries will take meaningful a

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Five predictions for financial markets in 2014

Happy New Year! For the first time since 2008, we investors, economists and businesspeople say these words without irony. While last year was statistically disappointing, with global growth slowing slightly from 2012 and apparently belying the o

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Islamic funds sector poised for growth

The Islamic funds industry has rebounded from the downturn following the global financial slowdown in 2008 in much the same way as the conventional funds industry has recovered. That was the message from organiser David McLean on

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Regulations, expectations stymie funds in ME

  Across much of the Middle East, economic growth is strong and financial markets are picking up. But there is surprisingly little cheer in the region's asset management industry, which faces continued pressure to cut costs a

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Need to develop 'effective Islamic funds system'

In the Islamic funds market there is a need to build a system that can facilitate effective and efficient capital and trading flows, said an expert ahead of the upcoming 'World Islamic Funds and Financial Markets Conference' (WIFFMC) in

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