#Nasdaq

GCC markets Image: Getty Images - ipo

Most GCC markets extend gains as US recession fear fades

Market watchers called worries of a recession in the US economy “not in line with economic fundamentals”

Japan Nikkei stumbles

Asian stocks trampled as Nikkei crashes 13%

The scale of losses on Japan’s Nikkei had not been seen since the global financial crisis

Are Middle East online trading platforms responding to needs of demanding retail investors?

Do online trading platforms in the Middle East respond to the needs of an increasingly demanding retail investor base?

As financial literacy improves, especially among newer investors, their demands for more sophisticated information will also grow

DFM owner Borse Dubai slashes stake in Nasdaq

Shares of Nasdaq fell more than 2 per cent at one point amid news that its biggest shareholder, Borse Dubai, is cutting its stake

Bitcoin breaches $64,000 as records beckon

Bitcoin bounces beyond $64,000 as records beckon

The cryptocurrency has gained 50 per cent this year and most of the rise come in the last few weeks where trading volume has surged for US-listed bitcoin funds

Nasdaq Dubai China

Industrial and Commercial Bank of China lists five bonds worth $2.68bn on Nasdaq Dubai

The note is the first ever carbon-neutrality theme bond issued in the GCC region

Anghami founders

Anghami reports revenue of $35.5m in 2021, paid subscribers rise to 1.4 million

Anghami reported its advertising revenues touched $9.8m, with the advertising gross margin growing from 38 per cent in 2020 to 53 per cent in 2021

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple drops 22% from January peak as tech selloff continues

The stock is on track for a seventh straight weekly drop, which would represent its longest such streak since November 2018

NAsdaq New York

Dubai’s Shuaa Capital lists $100m SPAC on Nasdaq New York

It has priced its initial public offering of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10 per unit

Anghami Nasdaq

UAE’s Anghami, first Arab tech company to list on Nasdaq, begins trading

Anghami, with 75 million registered users, has completed its merger with Vistas Media Acquisition Company

Abu Dhabi Securities Exchange launches derivatives market

The derivatives market is using the marketplace technology delivered by Nasdaq

Abu Dhabi Securities Exchange to launch derivatives market this year

The exchange plans to launch single stock futures and index futures in the fourth quarter of 2021

Bitcoin rallies to all-time high as traders eye Coinbase listing

The token rose as much as 4.3 per cent to $62,531

Emirates Islamic Nasdaq Dubai Sukuk

Emirates Islamic lists $500m sukuk on Nasdaq Dubai

The latest listing brings the bank’s current sukuk value on the exchange to $1.5bn

Revealed: Top 10 companies in the UAE in 2017

The biggest listed companies in the UAE by market capitalisation