Wednesday , 17 June 2026

Recent News

‘RBA ready to cut rates again’

Bloomberg Australia’s central bank (RBA) is ready to cut interest-rates further if evidence suggests this would boost the economy, and said it reviewed global experience with unconventional steps when policy makers met two weeks ago. The Reserve Bank noted few signs of inflation pressures emerging in the economy and warned entrenched expectations of weak wage growth could crimp household spending, …

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New Danske CEO does away with thousands of job titles

Bloomberg Danske Bank A/S is getting rid of thousands of job titles as the lender rebuilds its image after a year of scandal and losses. With the Copenhagen-based bank’s new chief executive officer, Chris Vogelzang, reviewing operations after starting in June, the number of job titles will fall to around 400 from roughly 3,600, according to Finansforbundet, the finance industry’s …

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BOE staff find good in swaps the Pope warned about

Bloomberg Complex instruments used by hedge funds to bet on borrowers going bust and linked to “extremely immoral actions” by the Vatican, can actually improve the health of financial markets, according to Bank of England staff. Bonds insured by credit-default swaps are likely to trade more frequently than securities not covered by these derivatives, according to research by Robert Czech …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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