ADIB Securities is a Shari'a-compliant brokerage firm in the UAE.

The tech giant's iPhone sales missed estimates

SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry said Sunday. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free...

The authorized capital of the company is US$78 million.

The bank's revenues declined 12 percent to $12 billion.

Shares closed the debut session up 15 percent ($0.62).

The move will help develop ADX derivatives market.

Its value is $2.8trn in the first nine months of the year.

Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA at Exness, tell TRENDS.

Muscat, Oman - The value of trading on the Muscat Stock Exchange increased last week to 9.6 million Omani riyals ($25m), compared to 9.1 million riyals ($23.65m) in the previous week, recording a growth of 5.5 percent. This rise came at a time when investors tended to diversify their portfolios,...

Real estate transactions in the Emirate of Sharjah totaled US$544 million (AED 2 billion) in August 2022, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD).

According to the parliamentary report, which was published by several local media outlets, the firm paid huge sums of money to officials at government institutions and other influential bodies.

Blockchain at heart is a ledger, a way of storing transactions that is according to fans secure, transparent and permanent.

The company posted H1 income of $26.33m.

Profits were $476 million compared with just $19 million in the year-ago period.

The company began trading in London on Monday.

Dubai Supreme Council of Energy on Monday discussed establishing a permanent committee to monitor petroleum product trading in Dubai and the savings achieved by the Demand Side Management Strategy 2030. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the meeting held virtually, with...

Wall Street stocks were mixed early Wednesday, treading water after the prior session's pullback that came amid worries over soaring inflation and an economic slowdown. After last week's rally, stocks were back on the defensive Tuesday, falling hard after downcast consumer confidence reading. But early in the session Wednesday "there...

Abu Dhabi Securities Exchange (ADX) recorded the highest increase in trading value among Arab financial markets in May 2022 at 292.64 percent while the Palestine Exchange topped the list in terms of trade volume increase, according to Arab Monetary Fund (AMF). The AMF noted in its monthly newsletter that covers...

Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained bleak as inflation, the Ukraine war and Chinese lockdowns weigh on sentiment. World markets have been volatile for much of 2022, with investors fretting about supply chain snarls due to...

Saudi Home Loans to trade on Tadawul from April 20.

SIIG, also known as Saudi Industrial Investment Group, has obtained the approval to buy all shares of Petrochem.

Tadawul, the Saudi stock exchange, has barred three companies from trading in shares over their failure to issue financial statements for 2021.

Binance, the world's biggest crypto exchange in trading volume, will hire more than 100 people in the UAE, days after being licensed by Dubai's new virtual assets regulator this month.

The developer would sell the Crystal City Project in Hangzhou for 3.66 bn yuan.

The firm made a strong debut on the Saudi stock exchange on Mar 22.

Evergrande and all its units halted trading in Hong Kong on Monday.

Art Dubai, the Middle East's largest annual contemporary art fair, has featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub.

Shares of Ma’aden, the Saudi mining company, vaulted six percent in trading on Sunday when news broke of its record earnings for 2021.

The new trading office of PTT, Thailand’s largest corporation and the only Thai company listed in Fortune Global 500, was opened in Abu Dhabi Global Market on Thursday. The PTT Chairman, CEO and Board of Directors travelled to Abu Dhabi to mark the milestone, alongside representatives from ADNOC, IFAD and...

The drop followed reports that the Ant Group was being probed.

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

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.

Erdogan's visit on Monday will be marked by a visual display on the Burj Khalifa façade, lighting up several landmarks and iconic buildings in the colors of the UAE and Turkey flags, and displaying celebratory messages on electronic panels.

Kuwait National Petroleum Company (KNPC) has denied offering shares for trading, warning social media users not to believe in some "dubious" online advertisements illegally using the company's name.

Dubai Financial Market (DFM) has announced new trading hours from 3 January 2022. The new trading session of five hours will be between 10 AM and 3 PM from Monday to Friday. The new trading window aligns with local and international financial institutions. The new trading hours will contribute to...

Tadawul, the Saudi Exchange, has barred Anaam International Holding Group from trading for one day, after an adverse comment in auditor’s report against the company.

The IPO starts Wednesday and will continue to October 18.

BitOasis, the UAE-based crypto trading platform, has obtained $30 million in funding, and intends to use the capital to expand its footprint across the MENA region.

The main Saudi stock index closed today, up, gaining 112.11 points, to close at 11495.76 points, with trading value worth SR 6 billion.

Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the kingdom the emirate’s biggest trading partner in the Arab world.

The economies of the region are recovering fast on the back of the rising oil prices and speedy vaccination programs, says Jean Claus, CEO of Euler Hermes Middle East

The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct listing, according to a bourse filing.

Even as the GCC countries dither to embrace cryptocurrencies, the UAE has made some significant strides in this regard.

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.