Releases

China Construction Bank rings bell to celebrate listing a 1.2 billion USD bond on Nasdaq Dubai

Bell-ringing marks the largest single listing by a Chinese bank on exchange Listing underlines growing economic ties between UAE and China  Capital raised supports CCB’s participation in the ‘Belt and Road’ initiative Guo You, Chairman of the Board of Supervisors of China Construction Bank (CCB), today rang the market-opening bell to celebrate the listing of a 1.2 billion US dollar...

Nasdaq Dubai welcomes EU recognition of its central counterparty framework

Ruling opens door to international banks and investors playing key role in fast-growing equity futures market Nasdaq Dubai has welcomed a ruling by the European Union that grants recognition to the exchange’s clearing infrastructure. The decision opens the door for overseas banks and investors to play a larger role in Nasdaq Dubai’s rapidly growing equity futures market. The ruling by the...

Al Baraka Banking Group Obtain a License to Establish a New Bank in Morocco

The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it obtained the approval of the Bank Al Maghrib (the central bank of Morocco) to establish a new bank in Morocco. Thus, the Group completed its presence in all the countries of the Maghreb, where it now owns banking subsidiaries in in Algeria, Tunisia, Libya and Morocco, as well as the African...

Equity futures trading increases rapidly on Nasdaq Dubai in November as new investors join market

Volume of traded contracts rises 116% Union Properties, Arabtec and DXB Entertainments are most traded futures  Trading on Nasdaq Dubai’s equity futures market increased rapidly in November as new investors entered the market. A total of222,829 contracts traded during the month, up 116% from 103,393 in October. The leading contracts by volume in November were Union Properties, Arabtec and DXB...

MAF Global Securities lists USD 300 million bond on Nasdaq Dubai

MAF Global Securities today listed a conventional bond valued at 300 million US dollars on Nasdaq Dubai. It was the third conventional bond to be listed on the exchange by MAF Global Securities, part of the Majid Al Futtaim Holding group, following listings in July 2013 and May 2014 of 500 million US dollars  each. Hamed Ali, Chief Executive of Nasdaq Dubai, said: “We are delighted to welcome...

Nasdaq Dubai streamlines route for Egyptian brokerages to connect to its market

Change allows Egyptian brokers to join Nasdaq Dubai directly from Egypt  Door to open for more Egyptian investors to trade  Nasdaq Dubai, the region’s international stock exchange, is streamlining its process by which Egyptian brokerages can connect directly to its market. Under the process, brokerages can apply to become a Member of Nasdaq Dubai based on their Egyptian licence, without the...

Beltone joins Nasdaq Dubai as a Member and market maker in equities

•Collaboration underlines growing Egypt-UAE capital markets links •Market making supports liquidity and trading activity Beltone Market Maker, a subsidiary of Beltone Financial Holding, one of Egypt’s leading investment banks, has joined Nasdaq Dubai as a Member and will provide market making services on the region’s international exchange. Beltone Market Maker will offer simultaneous bid and...

HE Sultan Ahmed Bin Sulayem rings bell to celebrate listing of 500 million dollar bond by DP World on Nasdaq Dubai

Listing by global ports operator underlines Dubai’s expansion as a centre for debt capital markets Bond supports company’s growth and development in Middle East and beyond Dubai, June 22, 2015 – His Excellency Sultan Ahmed Bin Sulayem, Chairman of DP World, today rang the market-opening bell to celebrate the listing of a 500 million US dollar conventional bond on Nasdaq Dubai. The listing by...

Industrial and Commercial Bank of China (ICBC) rings market bell to celebrate listing of a 500 million dollar bond on Nasdaq Dubai

  Listing by world’s largest bank underlines Dubai’s successful growth as a global financial centre Bond supports expansion of ICBC’s activities in Middle East and beyond  Zhou Xiaodong, General Manager of the Dubai (DIFC) Branch of Industrial and Commercial Bank of China(ICBC), the world’s largest bank by assets,today rang the market-opening bell to celebrate the listing of a 500 million US...

Ajman Bank begins transactions on Nasdaq Dubai Murabaha Platform for Islamic financing

Platform protects bank’s customers from price movement losses Total transactions on platform have reached AED 46.5 billion Ajman Bank, the award-winning financial services institution committed to transforming the experience of Islamic banking, has begun transacting on the NasdaqDubai Murabaha Platform, which facilitates the provision of streamlined Sharia’a-compliant financing services. A...

Sharjah Islamic Bank rings bell to celebrate listing of AED 1.84 billion Sukuk on Nasdaq Dubai

    Mohammed Abdulla: Sukuk received overwhelming response from investors  HE Essa Kazim: Listing adds further momentum to Dubai’s growth as global Capital of Islamic Economy   Dubai, May 3 2015 - Mohammed Abdulla, Chief Executive Officer of Sharjah Islamic Bank, rang the opening bell to celebrate the listing of an AED 1.84 billion (500 million US dollar) Sukuk on Nasdaq Dubai.  As well...