Wednesday 25 December 2024
 
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UAE retail investors 'choose AI over Big Tech'

UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly stocks data from trading and investing platform eToro.    eToro looked at which com

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UAE retail investors 'choose AI over Big Tech'

UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly stocks data from trading and investing platform eToro.    eToro looked at which com

More…

UAE retail investors 'choose AI over Big Tech'

UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly stocks data from trading and investing platform eToro.    eToro looked at which com

More…

Saudi Exchange marks milestone with 400th listed security

The Saudi Exchange has marked a major milestone, welcoming its 400th listing across all securities.    This achievement highlights the exchange’s pivotal role in the kingdom’s economy, underpinne

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GCC a 'bright spot' for IPOs in 2022; $23bn proceeds

The GCC initial public offering (IPO) market witnessed strong activity throughout 2022 and surpassed its previous year's achievements, despite volatility in secondary markets, a report says.   The total numbe

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Net foreign investments in UAE stocks hit $8.2bn in 2022

The net investments of non-Arab foreigners in local UAE stocks amounted to around AED30 billion since the start of 2022, reported Wam.   The volume of investments is the outcome of the UAE's ongoing

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Big Saudi plan for its stock market; NEOM IPO likely in 2024

Saudi Arabia has plans to make its stock exchange one of the top three markets in the world, said His Royal Highness Crown Prince Mohammed bin Salman, while announcing that the futuristic city NEOM will sell shares to the public in 2024, addin

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Burgan Bank okays 5 fils cash dividend, 5% stocks for 2021

Burgan Bank, a subsidiary of Kuwait Projects Company (Kipco) and the country's second largest commercial bank by assets, said its shareholders have approved the distribution of cash dividends of 5 fils per share and 5% stock for FY 2021.&n

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Saxo Bank launches new investor platform in GCC

Saxo Bank, a leading fintech specialist focused on multi-asset trading and investment, has launched a user-friendly and intuitive platform providing investors in the self-directed space with the tools, insights and guidance. The S

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Oil prices will continue to stay elevated

Oil prices will continue to stay elevated as Opec+ members are struggling to raise production.   Brent and WTI are edging higher and hovering around their highest levels since 2014 in the leadup to today’s

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