Abu Dhabi Securities Exchange introduces new tick sizes for smaller stocks

ADX began operations with the new tick sizes on Sunday

Here’s why banking could soon get easier for UAE start-ups

The Dubai Chamber of Commerce has issued several proposals aimed at helping start-ups

Poll: 66% of UAE residents say better banking standards needed

UAE banks cut more than 600 workers, 75 branches in 2017

National and foreign banks are continuing to seek cost savings, according to the UAE Banks Federation

Mideast funds less positive on Saudi, Kuwait after Turkey shock

Market volatility has made investors more cautious about buying Saudi and Kuwaiti stocks

Actis emerges as bidder for Abraaj’s emerging market funds

Abraaj filed for provisional liquidation in the Cayman Islands in June

Indian rupee touches new record low against the dollar, UAE dirham

The Indian currency has fallen by 10 per cent so far this year

Three ways Fintech is transforming everyday life

Dubai, Singapore regulators sign fintech deal

The two cities will refer fintech firms to each other and work on joint projects

Indian rupee falls to record low against the dollar, UAE dirham

The rupee reached a record low of 70.57 to the US dollar

Female Emirati investors hold shares worth Dhs20bn, says Abu Dhabi’s ADX

Up to 220,000 women hold 3.5 billion shares

Saudi leads IPO activity in the MENA region in Q2

Nine IPOs raised $881.5m in the MENA region in the second quarter

Abraaj founder reaches settlement following prison sentence by UAE court

The criminal case relates to a cheque for Dhs798.9m

Here’s why Saudi Aramco’s IPO plans have reportedly been put on hold

The planned listing was to be the cornerstone of the kingdom’s Vision 2030 agenda

Dubai Islamic Bank donates Dhs5m to Kerala flood victims

The Indian state has seen its worst floods in 100 years

Dubai’s Abraaj said to owe fund investors at least $300m

Investors argue they should not have to pay management fees to Abraaj

Judgment in ‘bounced cheque’ case against Abraaj founder postponed

Dubai-based Abraaj has filed for provisional liquidation in the Cayman Islands

Saudi sovereign fund PIF raises $11bn loan

The sovereign wealth fund has been charged with helping to deliver the Vision 2030 reform plan

Saudi wealth fund PIF in talks to invest in aspiring Tesla rival Lucid

Tesla CEO Elon Musk has said PIF could help him fund a $72bn deal to take his electric car maker private

Dubai regulator probes Abraaj Capital, stops it from taking on new work

Abraaj faces allegations by some investors of misusing their money in a $1bn healthcare fund

Abu Dhabi exchange awards first non-UAE market maker licence

Bahrain-based SICO becomes the fifth registered market maker in Abu Dhabi

Saudi’s Al Rajhi Bank says expat exodus could impact its remittance business

The number of foreign workers has fallen by more than 700,000 since last year

Abu Dhabi’s Mubadala offers to sell $150m of shares in Malaysia’s RHB Bank

The shares represents approximately 3 per cent of RHB’s enlarged share capital

UAE court adjourns bounced cheque case against Abraaj founder

A judgement is scheduled for later this month

UAE’s FTA launches new ‘tax clinic’ to address SME concerns related to VAT

The campaign, spread over three months, will cover all the seven emirates to raise tax awareness across the country

Nasdaq Dubai to allow individuals to invest in sukuk market

The bourse is consulting with Dubai International Finance Center

Indian rupee dives to a record low against UAE dirham

The rupee falls nearly 1 per cent against the dollar compared to Friday’s closing rate

Dubai’s Emirates NBD says closely monitoring Turkey situation

The bank announced an acquisition of Turkey’s Denizbank for $3.2bn in May

Abraaj founder Arif Naqvi resigns from Air Arabia’s board

The airline’s board will nominate a new member within the “coming weeks”

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Saudi wealth fund PIF has shown no interest in bankrolling Tesla buyout

The sovereign wealth fund acquired a stake of just below 5 per cent in Tesla

Saudi-based ITFC, US’ Federated Investors to launch $300m trade finance fund

The sharia-compliant fund is expected to launch later this year

Abu Dhabi Islamic Bank hires banks for $750m sukuk

Potential issuers in the region have held back their plans because of market volatility