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Reuters Saudi Arabia’s stock market ignored a huge investment conference in Riyadh and remained flat while Emaar Properties and contractor Drake & Scull helped Dubai to rebound on Tuesday. The market barely reacted to bullish news from a major investment conference in the kingdom, which attracted hundreds of bankers, businessmen and government officials from around the world. Crown Prince Mohammed …

Bloomberg HSBC Holdings Plc, which has the biggest investment bank in Saudi Arabia, says foreign investors are getting ready for their first significant stock purchases in the kingdom as an upgrade to emerging-market status looks likely. It’s ‘inevitable’ that MSCI Inc., whose classifications can influence billions of dollars of asset allocations, will add Saudi Arabia to its emerging-market benchmarks, Majed …

Bloomberg UniCredit SpA, Italy’s biggest bank, reported a six-fold jump in third-quarter profit, driven by the sale of its Pioneer Global Asset Management unit. Net income rose to 2.82 billion euros in the three months through September from 447 million euros a year earlier, the Milan-based bank said in statement on Tuesday. Revenue fell 3.9 percent to 4.65 billion euros …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …