Markets

British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and...

Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...

Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...

Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...

News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...

Forex Sameer Shah -

Latest

Driving down car loan debt

With a population of just five million, the UAE is the world’s fourth biggest market for luxury brands like Rolls-Royce and the emirates’ roads...

UAE residents fearful over lack of savings

Rising costs and efforts to pay off loans are among the reasons why almost nine out of every ten residents are worried about not...

Tamweel’s return to have little impact on market – analysts

UAE mortgage provider Tamweel’s return to lending after a two-year freeze will have little impact on the country’s real estate market, analysts have said. The...

UAE mortgage provider Tamweel resumes lending

Tamweel PJSC, the UAE Islamic mortgage provider, has resumed lending again after two years, the company announced in a statement. Starting Monday the company will offer...

Emirates NBD launches zero-fee UAE equity trading

Banking major Emirates NBD has launched a new initiative aimed at boosting investment in UAE equity markets by offering zero transaction fees on its...

Paymob secures $22m extension to Series B funding, raises $72m in total

Fintech company Paymob has announced a $22m extension to its Series B funding round, bringing the total raised in this round to $72m. The new...

NMDC Energy’s shares surge above 20% on trading debut

Shares of NMDC Group’s energy unit, NMDC Energy, soared on its trading debut on Wednesday after the company raised $877m (Dhs3.22bn) in what is...

Qatar index hits 7-month low as most Gulf bourses slip; Dubai gains

Stock markets in the Gulf slipped on Monday as investors turned cautious ahead of the U.S. inflation data this week, while the Dubai index...

Exclusive: Private credit boom drives Sixth Street hiring spree in Europe

Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, leasing a new regional headquarters in London's Mayfair and adding...

Canada’s economy expands 0.3% in April; another gain seen in May

Canada's gross domestic product increased 0.3% in April, matching market expectations, as growth rebounded in sectors including wholesale trade and manufacturing, and the economy...

France’s snap election: Five questions for markets

French President Emmanuel Macron's shock decision to call a snap election, which polls suggest the far right could win, has rocked financial markets, exacerbating fiscal sustainability concerns in the...

Kenyan activists call for fresh protests demanding Ruto’s resignation

Kenyan activists on Friday circulated calls for fresh protests, strikes and sit-ins demanding President William Ruto quit, after nationwide demonstrations forced him to U-turn...

Climate activists arrested after protest at Citi’s New York headquarters

Dozens of climate activists were arrested after protesting at Citigroup's (C.N), opens new tab headquarters in New York on Friday as part of what they called...

US, India extend digital tax truce to Sunday as deadline approaches

The United States and India have extended a standstill agreement on U.S. retaliation over India's digital-services tax until Sunday, aligning it with a fast-approaching...

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