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Money and business in the Middle East.

Markets

Markets

Nasdaq 100 sheds over $2 trillion in October on AI spending fears

The Nasdaq 100 is on track to lose more than $2 trillion in market value this October.

31 Oct

Markets

Binance vows to cover $6.3bn hack losses as withdrawals stay frozen

31 Oct

Markets

Wall Street posts worst day since June as AI selloff deepens

31 Oct

Markets

UAE central bank fines foreign bank branch Dh200 million over laundering failures

30 Oct

Markets

ADES shareholders approve 100% capital increase via bonus share

30 Oct

Markets

2PointZero profit triples to $2.3 billion on acquisition spree

30 Oct

Markets

Alphabet loses $500 billion in stock's worst day ever

30 Oct

Markets

Saudi central bank assets fall to 1,913.86 billion riyals in September

30 Oct

Markets

Iraq's parallel exchange-rate gap narrows to 9% from 24%, governor says

30 Oct

Markets

Binance hit by $6.3 billion breach, biggest in crypto history

30 Oct

Markets

Sharjah Islamic Bank raises $500 million sukuk, orders hit $1.3 billion

29 Oct

Markets

First Abu Dhabi Bank Q3 profit rises 6% as provisions jump 33%

29 Oct

Markets

BBK profit climbs 8.8% as comprehensive income collapses 78%

29 Oct

Markets

stc profit falls 12.4% in third quarter, nine-month earnings down 5.7%

29 Oct

Markets

UAE, Bahrain, Qatar hold rates steady after Fed decision

29 Oct

Markets

Kuwait sells KWD 150 million 7-year debt at 4.125%

29 Oct

Markets

Fed holds rates at 3.75-4% days before US midterm elections

28 Oct

Markets

Saudi Tasi closes back above 10,000 in third straight gain

28 Oct

Markets

Kuwait spending hits 42.3 billion dinars as instant payments surge 44%

28 Oct

Markets

Bahrain's 15th sukuk tranche covered 109% at 5.77% yield

28 Oct