Investors in UAE turn cautious after Lebanon blast
06/08/2020
The stock markets in the UAE and GCC were in a tug-of-war state as investors weighed positive news on the economic front and a ‘catastrophic’ overnight explosion in Lebanon that killed at least 100.<
Gulf News
GCC equity markets mostly positive in 2Q20
06/08/2020
GCC equity markets staged a strong recovery in the latter part of 2Q20, reversing a large part of the prior losses induced by the coronavirus and its associated lockdowns and restrictions. The recove
The Peninsula
MSM ends the week up despite lower volumes and turnover
05/08/2020
The MSM 30 Index closed the week up by 0.12 per cent despite lower volume and turnover as compared to the previous week. Shariah index was down by 0.07 per cent. The turnover and volumes were lower t
Oman Daily Observer
ADX announces listing of $4 billion MDGH bonds
05/08/2020
Abu Dhabi Securities Exchange (ADX) announced on Tuesday that it has listed $4 billion Fixed Rate Notes issued by MDGH GMTN B.V. and guaranteed by Mamoura Diversified Global Holding (MDGH).
The Gulf Today
UAE issuers are hitting a rich vein with bonds
20/06/2020
Leading UAE banks have come to the bond market, and they are getting a warm response.
Sharjah Islamic Bank priced its $500 million 5-year sukuk at LIBOR plus 285 bps, and received more than $3.4 bil
Gulf News
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