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Brokers

Exclusive: Fortress Prime’s Top Shareholder Arrested by UAE Police

  • The majority shareholder of Fortress Prime Hamed Ahmed Mokhtar/Elbarki has been apprehended in Dubai.
Friday, 22/07/2016 | 04:40 GMT by Victor Golovtchenko
Exchanges

DGCX Reports Multiple Records in H1 Volumes

  • Thanks to uncertainty over the Brexit vote and its after-effects on the global markets, ‎the DGCX set several records YTD.
Monday, 04/07/2016 | 13:50 GMT by Aziz Abdel-Qader
Regulation

HSBC Moves Middle East Head Office from Jersey to Dubai

  • HSBC Middle East completed its transfer to Dubai which will attract assets ‎valued at more than $40 billion to DIFC.
Thursday, 30/06/2016 | 22:10 GMT by Aziz Abdel-Qader
News

Chairman of the Wall Street Blockchain Alliance Joins Loyyal

  • Loyyal appoints two new senior blockchain businessmen, Ron Quaranta and Stuart Evans.
Wednesday, 22/06/2016 | 10:14 GMT by Avi Mizrahi
Executive Moves

Amundi Taps Nesreen Srouji as its Middle Eastern CEO

  • Srouji comes over to Amundi after multiple roles at Standard Chartered over the past eight years.
Wednesday, 15/06/2016 | 13:33 GMT by Jeff Patterson
Executive Moves

HSBC Promotes Ricky Green to Regional Head of Markets Compliance – MENA

  • Green finds himself in a new MENA-focused role in Dubai, nearly 6 years after joining the lender.
Monday, 13/06/2016 | 16:01 GMT by Jeff Patterson
Innovation

Dubai Selects Blockchain Tech for Tourism Loyalty Points

  • The Loyyal-developed program already includes a local airline and other Dubai firms.
Monday, 30/05/2016 | 10:06 GMT by Avi Mizrahi
Exchanges

DGCX Sees April Volumes Storm Higher, Fueled by Gold, Futures

  • The DGCX's rampant volumes growth has continued into April, with Indian rupee futures and gold leading the charge.
Tuesday, 03/05/2016 | 08:24 GMT by Jeff Patterson
Exchanges

DGCX Inks New Deal with Agricultural Bank of China

  • The latest accord will aim to focus on product development, strategy and exchange related market intelligence.
Thursday, 14/04/2016 | 12:56 GMT by Jeff Patterson
Brokers

Breaking: Fortress Prime Debacle Pushes FXCM to Write Off up to $6.8m

  • Royal backing turns out to be a 2% stake, the majority shareholder wanted by FBI & Interpol.
Wednesday, 23/03/2016 | 15:55 GMT by Victor Golovtchenko
News

Emirates NBD Partners with Open Bank Project for FinTech Program

  • The half-century old banking group is keeping pace with new product solutions for its Middle East business and beyond.
Wednesday, 09/03/2016 | 11:54 GMT by Steven Hatzakis
Executive Moves

DGCX Adds Abdullah Harmoozi as its MENA Head of Business Development

  • One of the fastest growing exchanges in the Middle East continues to onboard new staff.
Wednesday, 02/03/2016 | 19:27 GMT by Jeff Patterson
Executive Moves

Deutsche Bank Abu Dhabi Elevates Thomas Haag to General Manager

  • Following a lengthy tenure with Deutsche Bank, Thomas Haag steps into the role of General Manager of the lender's Abu Dhabi operations.
Monday, 01/02/2016 | 15:07 GMT by Jeff Patterson
Executive Moves

Deutsche Bank Expands Equity Research Team in Dubai With Three Hires

  • The new analysts will be joining Deutsche Bank’s EM Equity Research, concentrating their attention and focus on the lender’s research hub.
Tuesday, 19/01/2016 | 11:58 GMT by Jeff Patterson
Exchanges

Oman Oil Ministry Becomes First Client of DME Auctions

  • Dubai Mercantile Exchange extends trading services for region
Tuesday, 17/11/2015 | 15:33 GMT by Irina Slav
Brokers

Financial Watchdogs Reshape Face of Retail Forex Industry Worldwide

  • IG Group, TradeKing, Saxo Bank, Exness and ACM Gold all appear in the passing week's top articles.
Sunday, 18/10/2015 | 10:03 GMT by Avi Mizrahi
Regulation

Exclusive: Dubai’s New Retail License Margin Limits and IG’s Expansion

  • The Dubai Financial Services Authority has issued a brand new type of license for IG Group allowing it to market to retail investors
Friday, 16/10/2015 | 11:00 GMT by Victor Golovtchenko
Brokers

Exclusive: Fortress Prime Contemplates Acquisition as Withdrawal Issues Persist

  • Trading volumes at the company have stabilized after the withdrawals issues which have become apparent in August
Friday, 09/10/2015 | 10:24 GMT by Victor Golovtchenko
Brokers

Varengold Bank to Leave Dubai as Part of Strategic Restructuring

  • Following the ousting of the former management of the company, the German commercial bank is taking another strategic decision
Monday, 28/09/2015 | 12:52 GMT by Victor Golovtchenko
Brokers

IG Group Makes Its Foray into the Middle East

  • The UK brokerage has expanded its operations in the Middle East by opening a brand new office in the heart of Dubai’s financial district
Tuesday, 08/09/2015 | 13:25 GMT by Victor Golovtchenko
Brokers

Fortress Prime Confirms Clients Withdrawal Delays

  • Withdrawal issues are likely to be emanating from operational banking difficulties rather than liquidity problems.
Monday, 17/08/2015 | 11:00 GMT by Avi Mizrahi
Executive Moves

One Financial Markets Hires Five Ex-Alpari Middle East Executives

  • The ex-Alpari DMCC employees will form One Financial Markets’ new account management team in Dubai.
Monday, 27/07/2015 | 11:59 GMT by Avi Mizrahi
Prime Brokerage

Menacorp Procures Trading and Clearing Membership for Nasdaq Dubai

  • Menacorp will receive a full mandate to act as a trading and clearing member for securities and derivatives in the Middle East.
Monday, 08/06/2015 | 11:56 GMT by Jeff Patterson
Exchanges

Dubai Gold and Commodities Exchange Becomes ‘Recognized Body’ by DFSA

  • By gaining ‘Recognized Body’ status from the DFSA, it allows the DGCX to become more easily accessible by licensed financial firms in Dubai.
Sunday, 07/06/2015 | 09:55 GMT by Ron Finberg
Brokers

Exclusive: AxiCorp in Advanced Talks to Partner With Alpari Dubai

  • A final agreement has yet to be reached due to pending negotiations and a regulatory approval required by the local watchdog
Wednesday, 03/06/2015 | 05:34 GMT by Victor Golovtchenko
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