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Emirates Securities Market down by -0.03 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.03% to close at 4484.64 points. Accordingly the Market Capitalization has lost AED 202.89 million attaining AED 727.47 billion. A total of 0.75 Billion Shares were traded with a total value of AED 0.95 billion during the trading session of 21-03-2016 through 8672 transactions. The number of companies which ...

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Global market volatility falls to two-month low; Pound declines

BLOOMBERG Volatility across global financial markets is at a two-month low as signs central banks will keep borrowing costs lower for longer to settle investor nerves that frayed at the start of the year. European shares slipped on Monday after a measure of global stocks posted the strongest close since Jan. 1 last week following five weeks of gains. The ...

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Saudi Arabia wants foreign banks to disclose finances

Bloomberg Saudi Arabia is telling international banks to publicly disclose financial statements for the first time as the kingdom’s regulator seeks to boost transparency. The Capital Markets Authority (CMA) is requiring financial institutions it regulates to publish the information on their websites from April 1, an official at the Riyadh-based regulator said in an e-mailed response to questions, without giving ...

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