UAE-based brokerage Al Ramz Capital has become the third market maker for equities and equity futures on Nasdaq Dubai.
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UAE-based brokerage Al Ramz Capital has become the third market maker for equities and equity futures on Nasdaq Dubai.
Insurance industry assets in the UAE rose nearly 17% last year to the equivalent of more than $12 billion.
Egypt's largest asset manager, Beltone Financial, says it has acquired a 60% stake in US-based brokerage Auerbach Grayson for an undisclosed sum.
Mashreq Capital has appointed Christophe Pella as chief executive, replacing Aamir Peracha, who left after about a month in the job.
Jeddah-based asset manager Sedco Capital has won a mandate to manage a Middle East equity fund for emerging markets investment firm Milltrust International.
Eshara Capital, a specialist investment firm focusing on the Gulf region, has launched what it says is the first fund to be managed out of the Abu Dhabi Global Market, a financial free zone established in 2013.
Egypt's decision to devalue its currency by 14% against the dollar is "a step in the right direction", though a further weakening of the Egyptian pound is likely.
The lifting of sanctions led to a rush of asset managers hoping to invest money in Iran. But despite the excitement, many hurdles remain. George Mitton reports.
With a fragile currency, plunging returns on mining stocks, and fears of a downgrade to âjunkâ status, there was plenty to discuss when Funds Global visited South Africa. Chaired by George Mitton and Alan Chalmers in Cape Town.
Plunging commodity prices and fear of currency devaluations have led to outflows from African equity funds. Itâs a shame, says Paul Clark of Ashburton, because todayâs market offers a great buying opportunity.
Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.
Not many banks plant olive trees, but the Bank of Palestine has a social mission. It also has ambitious expansion plans, says chairman Hashim Shawa. He talks to George Mitton.
The move to a three-day settlement cycle, the appearance of new stock exchanges, and recent rules on hedge funds were discussed by our panel in Cape Town. Chaired by George Mitton.
Our panel in Qatar spoke about frustration with regulators, a shortage of listed companies and plans for a new financial city in Doha. Chaired by George Mitton.
