Specialized companies such as Grayscale and Wall Street giants such as asset manager BlackRock are among those investing in the digital token, theoretically opening up the sector to a wider public by allowing investors to bet on bitcoin's price without owning it directly.

OTTAWA, CANADA  — A group of foreign ministers from the Palestinian Authority, Saudi Arabia and Turkey met Canadian Foreign Affairs Minister Mélanie Joly and Prime Minister Justin Trudeau here to discuss the Israel-Hamas war. The quietly planned meeting focused on ways countries could help efforts to secure peace for Palestinians...

Abu Dhabi, UAE - Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited are working together in the first regional collaboration of its kind to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East....

DOHA, QATAR - Qatar Financial Markets Authority (QFMA) announced the launch of a single window e-portal, which aims to facilitate and ease procedures for securities offering and listing to companies participating in the financial market. QFMA explained in a statement that submitting the applications was made available on Tuesday via...

Manama, Bahrain - The Central Bank of Bahrain (CBB) has said its monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 319 percent. Subscriptions worth BD 137.151 million ($364m) were received for the BD 43 million ($114m) issue, which carries a maturity of 91 days. The expected...

Abu Dhabi, UAE--UAE's bank investments climbed to a record level, touching $149.35 billion by the end of March, the highest level in the country's history, a report by the Central Bank of the United Arab Emirates revealed. The report, issued today, showed a YoY growth of 16 % compared to...

WASHINGTON, US -  The world's largest cryptocurrency exchange Binance said it was halting US dollar deposits and encouraged clients to withdraw their dollars by early next week, following charges leveled by the government. The US Securities and Exchange Commission on Monday charged the crypto giant with securities law violations that it...

Abu Dhabi, UAE - Bank investments in the UAE hit $147 billion by the end of February, the highest level in the country's history, a report by the Central Bank of the United Arab Emirates revealed. The report, issued on Thursday, showed a YoY growth of 15.2 percent in the...

Investors remain cautious as to whether China will ease its zero-Covid policy, which has added to the disruption of the world's supply chains.

The company raised its H1 2022 dividend guidance to at least $700 million.

The UAE has launched conventional AED denominated Treasury Bonds (T-Bonds) with benchmark auction size of AED1.5 billion ($400 million). The bonds were launched by the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent. Subject to...

Bahrain-based Islamic investment bank GFH Financial Group intends to list on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities Exchange, ADX, according to media reports.

The MoU is the latest in a series of strategic partnership agreements signed by ADX as part of its strategy for growth, announced at the beginning of 2021.

Dubai Courts has established two new courts in the Commercial Court in order to speed up settlement of securities-related disputes. It has also announced the establishment of a law enforcement committee for Dubai’s financial markets.

For the second month in a row, Saudi Arabia’s holding of US Treasury securities rose in July, touching $128.1 billion.

The subsidiary of the International Holding Company has been listed under the ticker ASM.

The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by one hour from Oct. 3.

2017 was exceptional on many fronts for the region’s largest and most diversified derivatives bourse, Dubai Gold and Commodities Exchange (DGCX). Throughout 2017, DGCX recorded new trading highs, launched unique and innovative products and product-related initiatives, grew its strategic partnerships, received regulatory recognitions and industry plaudits too. Balanced blend of...