Abu Dhabi Securities Exchange has recorded its highest rise in terms of market value and trading value at end of the second quarter of 2022, according to the Arab Monetary Fund.

The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment. Saudi Arabia's market index TASI finished down 1.7 percent at 11,523 points. Abu Dhabi Securities Exchange ended with a loss of 0.3 percent, on Friday the index in Dubai, fell...

Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After positive sessions for several leading European and Asian bourses, Wall Street stocks were in the red most of the day, and finished modestly lower.

Saudi Stock Exchange's general index fell by nine points. Abu Dhabi market was below 9,200 points, Dubai market rose above 3,200 points

Surging energy costs are fueling global inflation, with official data Wednesday showing the British annual rate hitting a fresh 40-year high above nine percent.

Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat inflation. Fears about a global contraction have also put downward pressure on oil prices.

Equities rose in most cities Tuesday in Asia as some stability returned to markets after last week's upheaval, but analysts warned of further pain for traders after central bank officials hinted at more interest rate hikes to reel in inflation. In commodities markets, oil extended gains as traders moved back...

Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession. And while the S&P 500 and Nasdaq saw gains on Friday, there is a sense that indexes still have some way down to go...

Equities in the Middle East imitated the global stock markets, falling as central banks raised interest rates to fight off soaring inflation.

The volatility in oil prices will affect the markets. If there is a higher-than-expected decline, the markets may feel the heat, Junaid Ansari of Kamco Invest tells TRENDS.

The listing is set to expand GFH’s investor base and boost its share liquidity.

Russia's invasion of Ukraine has put financial markets under renewed stress by driving up prices and impeding growth, the European Central Bank said in a report. The war has "increased financial stability risks through its impact on virtually all aspects of economic activity", ECB vice-president Luis de Guindos said in...

The government initiatives make the emirate a safe refuge for both inhabitants and tourists which has fuelled consumer activity. Expat-friendly laws have brighten up the prospects for growth in luxury retail sector.

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation.The world's largest cryptocurrency by market value fell as low as $29,764 in Tuesday trade, before recovering above $30,000.

German carrier set its sights on a record summer for traffic.

Major stock markets mostly steadied Tuesday, with traders braced for a sharp US interest rate hike to curb soaring inflation. All eyes are on the conclusion Wednesday of the US Federal Reserve's two-day policy meeting, where it is expected to lift borrowing costs by half a percentage point for the...

The unemployment rate in the eurozone reached its lowest level ever recorded in March, the EU's official statistics agency said on Tuesday. Eurostat said 6.8 percent of the workforce were without a job, down 0.1 percentage point from February. The February figure was revised upwards fractionally from the 6.8 percent...

Stock markets sank Monday on growing concerns that lockdowns in China aimed at fighting a worsening Covid outbreak could threaten the country's economy and global supply chains. The losses extended a sell-off last week fueled by comments from Federal Reserve indicating officials will hike interest rates by half a point...

The growth attributed to increased market share in key operating regions.

The firm's capacity is enough to meet the domestic market's demand.

Saudi Arabia’s National Debt Management Center has closed the March 2022 issuance of Saudi riyal-denominated sukuk, valued at SR10.3 billion ($2.75 billion).

OPEC Monthly Oil Market Report has predicted the UAE's economic growth to quicken in 2022.

Jordan’s trade balance deficit with the European Union countries expanded by 12.9% in 2021 compared to 2020.

Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.

Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are empty tables on his terrace at his restaurant by the Blue Mosque.

Traders were given a much-needed shaft of light on Wednesday when the Fed boss eased concerns over its plans for tightening policy.

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the Arab world, especially the UAE and the GCC.

The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in development projects were reduced by 26.4 percent during 2020 and 2021. In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021. The...

This regulation reportedly aims to improve the manner of the reporting of violations of the Capital Market Law and its implementing regulations.

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to boost trade in the Middle East region.

Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine.

Saudi Arabia and the UAE are driving the real estate market in the Middle East region with the backing of government and evolving market dynamics.

The ruble-dominated Moex index opened down 13.97 percent, while the dollar-dominated RTS was down 20.16 percent.

Recently, a 4% stake of the oil giant had been transferred to PIF in an $80bn deal.

The Jeddah-based pharma retailer plans to float 30 percent of its capital.

The UAE has announced that it will  allow cooperative associations to trade their shares in financial markets, according to media reports.

The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.

Owners of the Starbucks franchise value the business at $15 bn.

The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.

DWC Airport in Dubai will host the MEBAA Show, a business aviation platform, from 6-8 December 2022. The event will showcase the latest trends, insights, innovation and commercial opportunities shaping the future of business aviation and private flying in the Middle East and globally. Several international companies have already signed...

Bahrain has launched ‘Golden Residency Visa’ for residents and non-residents with immediate processing of the applications electronically upon meeting the prescribed criteria.

The 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from 14th to 16th March, 2022, local media reports said. A total of 475 international researchers, and experts, from 42 countries are likely to attend the conference. Minister of Tolerance and Co-existence Sheikh Nahyan...

From oil prices to company stocks buoyed by positive results, several factors resulted in changes in key benchmark indices.

The net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).

The Abu Dhabi Judicial Department (ADJD) has organized five-car auctions at the Al Mafraq vehicle impound area over the past three months in which 787 cars of different types were sold. The vehicles were sold at competitive prices ranging from AED2,000($544.51) to 255,000($69424.77) and yielded a total of AED18.5m ($5m)...

The Digital Cooperation Organization (DCO) has announced the launch of the DCO Startup Passport to make it quicker, easier and less expensive for startups to do business across borders, local media reports said. This opens up potentially lucrative markets with a combined population of more than half a billion people...

Tamkeen, a semi-autonomous Bahraini agency, has said that the “Skills Bahrain” initiative is all set to be launched in the country. "Skills Bahrain" is the first comprehensive national initiative aimed at establishing professional standards for vocations and professions in Bahrain. It meets the rising demand for qualified nationals across a range...

The Sharjah Chamber of Commerce and Industry (SCCI) has seen off another season of the 48-day "Sharjah Shopping Promotions" campaign. It resulted in an increase in the sales of the participating malls and stores, and lucrative profits for the retail sector and other business sectors. The volume of purchases throughout...

The President of the Arab Institute of Business Leaders (IACE) Taieb Bayahi has warned that Tunisia as a state could collapse.