Trading

Banque Misr eyes green fund launch

Egypt-based Banque Misr has announced plans to launch a ‘green’ investment fund in the first quarter of 2024. The fund will focus on companies that...

Saudi exchange adds new indices

Tadawul, the Saudi stock exchange, has launched four indices in a bid to further attract international investors. The investor benchmarks are based on company size...

ADDX plans Middle East expansion

Asia-based private markets exchange ADDX is set to bolster its international presence by expanding into the Mena market. The blockchain-based platform is looking to tap...

Saudi and Shanghai exchanges sign MoU

The Saudi-based exchange operator Tadawul Group has furthered its strategy of international cooperation by forging an agreement with the Shanghai Stock Exchange. The two firms...

Binance launches crypto futures in Bahrain

Crypto exchange operator Binance has been given regulatory approval to launch a futures product in Bahrain. According to Binance, it is the first regulated exchange...

Qatar stocks rise with oil; Saudi index declines

As oil prices rise due to significant production cuts by top producers, Qatar's stock market rebounded Sunday, with its primary index (.QSI) up 0.2%. Leading...

Arqaam Capital launches Mena prop trading tool

Mena-based emerging market broker Arqaam Capital has developed a proprietary trading tool designed for European institutional clients wanting to trade in Mena markets. According to...

STP awarded brokerage licence in Dubai

Prime broker STP has been licensed by the Dubai Financial Service Authority (DFSA) to offer a full range of prime brokerage services. The firm, which...

Bahrain makes pitch for regional carbon market

If the Mena region is to develop a thriving carbon market and meet its ambition to be a global hub for decarbonisation and sustainable...

QIA invests $275m in market-making programme

The Qatar Investment Authority (QIA) is set to launch a market-making initiative designed to woo more foreign investors. According to the sovereign wealth fund, the...