You can still make money on the GCC stocks markets: analyst
The Gulf stocks markets are expected to continue their steady upward momentum, thanks to strong macro-economic growth and revival of the IPO market, said Arjuna Mahendran, Chief Investment Officer at Emirates NBD, in a note.
Abu Dhabi bourse goes live with X-Stream
Abu Dhabi Securities Exchange (ADX) has gone live with X-Stream Trading, developed by Nasdaq OMX, on Thursday.
Abu Dhabi's TAQA signs yen loan to help repay upcoming debt
Abu Dhabi National Energy Co. (TAQA) said on Thursday it had signed a 20.5 billion yen (USD 200.4 million) loan with Bank of Tokyo-Mitsubishi 8306.T which would be used to refinance an existing obligation.