MARKETS
Markets

Coronavirus worries drive gold prices above $1,800 in 9-year peak

Thursday, 09 July 2020

Investors sought safety on coronavirus pandemic worries, driving gold prices above $1,800 an ounce ......

SoftBank shares taper from 20-year highs, down 2.76 percent

Wednesday, 08 July 2020

Shares in Japanese technology giant SoftBank tapered Wednesday from 20-year highs on ......

Saudi Arabia’s biggest pharma firm Nahdi in IPO talks: Sources

Monday, 06 July 2020

Saudi Arabia’s Nahdi Medical Co, the largest pharmacy retail chain in the kingdom, is weighing an ......

Dubai’s Emirates NBD bank to raise $750 mln in perpetual bonds: Reuters

Thursday, 02 July 2020

Dubai’s largest bank, Emirates NBD, is set to raise $750 million with perpetual bonds non-callable ......

Dubai property developer DAMAC's shares surge on privatization plan

Wednesday, 01 July 2020

Shares of Dubai’s DAMAC Properties surged more than 11 percent in early trade, its biggest ......

Gold climbs above $1,800 for first time since 2011 driven by demand amid coronavirus

Tuesday, 30 June 2020

Gold futures rose above $1,800 an ounce for the first time in eight years as low interest rates and ......

DP World hires banks for US dollar sukuk issuance: Document

Monday, 22 June 2020

Port operator DP World has hired a group of banks for a potential sale of perpetual US ......

Barclays deal: Top UK bank lobbyist quits over 2008 remarks about financier Staveley

Tuesday, 16 June 2020

A senior British bank lobbyist has resigned over comments he made in 2008 about businesswoman Amanda ......

Saudi Arabian property firm Amlak plans first post-coronavirus Riyadh IPO

Monday, 15 June 2020

Saudi Arabian real estate financing firm Amlak International said on Sunday it will float 30 percent ......

Coronavirus hit US economy harder than great recession, minorities affected worse

Friday, 12 June 2020

American unemployment rose more sharply in three months of coronavirus-spurred recession than it did ......

Wall Street rallies on coronavirus recovery hopes, Nasdaq hits new record close

Tuesday, 09 June 2020

Wall Street indices powered ahead on Monday as investors bet on the economy’s continued ability to ......

Saudi Arabia’s BinDawood pushes ahead with first Middle East IPO since coronavirus

Monday, 08 June 2020

Saudi Arabia’s BinDawood Holding is pushing ahead with the initial public offering of its ......

India’s Reliance says Abu Dhabi’s ADIA will invest $752 mln in its digital unit

Sunday, 07 June 2020

Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday that the Abu Dhabi Investment ......

Coronavirus: Equities cruise to three-month highs on economic recovery hopes

Wednesday, 03 June 2020

World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs ......

Coronavirus: French carmaker Renault to cut 5,000 jobs by 2024, says report

Wednesday, 27 May 2020

French carmaker Renault is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 ......

Top