Markets

Fed raises interest rate 0.25 percentage point, highest level since 2007

Gulf Central Banks mirror Fed with interest rate increases

UAE, Qatar lead GCC market gains

Saudi exchange (+1.0%) was lifted by Aramco

Standard Chartered: Bonds and gold to beat equities in Q2

Growing expectations of a US and EU recession this year

Saudi’s market leads GCC region with 3% growth: Report

Abu Dhabi and Dubai experience modest gains amid recovering oil prices

IPOs increase Abu Dhabi’s market capitalization by 8%

Beirut Stock Exchange lead Arab Stock Exchanges Despite Lebanon's ailments

Al Ansari shares rose in Dubai debut after $210 mn IPO

Company appointed BHM Capital Financial Services as liquidity provider

UAE, Qatar, Saudi rank high in Emerging Markets Investment Confidence Index

GCC countries also placed high in the emerging markets globally

ADX increasing engagement with global institutional investors

Investment activity on ADX from Hong Kong, Tokyo increased significantly in 2022

Kuwait seeks recognition as developed capital market

Authority implemented automated system to report electronic trading accounts

Egypt’s Central Bank meets on Thursday. Will it surprise markets again?

The meeting comes on the heels of inflation reaching historic levels

Oman’s OQ could raise $500 mn from IPO

Company seeking bookrunners for offering

Saudi bourse gains amid hope for Fed pause

Other GCC markets delivered mixed performance

Emirates NBD Capital is now a custodian on ADX

Joining five other custodial providers

Does Turkish gold help maintain country’s currency stability?

Türkiye remains the world leader in gold purchases

Fed raises interest rates by 25 basis points, Gulf central banks follow suit

Powell: Depositors' money is safe and we remain committed to lowering inflation

ADGM achieves record performance in 2022

Positioning Abu Dhabi as the fastest growing IFC in the region

ADNOC Gas stocks increase gains to $9.2 bn on ADX debut

Company is the fifth subsidiary of ADNOC to list on ADX