UAE insurance firm Salama to raise up to $48mln in Mandatory Convertible Sukuk following capital reduction
Shareholders approve capital reduction to offset accumulated losses and cancel treasury shares. The Islamic Arab Insurance Company (Salama), listed on the Dubai Financial Market (DFM),
Global bank stocks slide as US credit risks spark reality check
Global financial stocks slid on Friday as a rout in U.S. regional banking shares heightened concerns about credit quality and mounting risks in the sector. The banking
Egypt: EGX shows positive performance on Thursday
Retail investors represented 74.27% of total trading, while institutions made up 25.72%. The Egyptian Exchange (EGX) ended Thursday’s trading session with a mixed performance. The
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
The economic impact of European capital market integration
Economic growth in Europe continues to lag behind that of the US, largely due to smaller productivity gains. This column uses a general equilibrium model
Oil holds steady as investors assess attacks on Russian energy facilities
Oil also received some support from solid refinery demand in China last month and a decline in US crude inventories. Oil prices were little changed
Dollar firm as geopolitics heat up; investors await US inflation data
The data did not offer much insight into job creation since March, leaving U.S. rate expectations unchanged for now. The dollar held steady on Wednesday
Investor memory and biased beliefs: Evidence from the field
Financial markets are volatile, and research attributes this to highly variable and often irrational investor beliefs. This column uses a large-scale survey of Chinese retail
Oil steadies ahead of US-Russia talks
Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over
Oil steadies as investors mull US tariff impacts
Investors weigh impact from Trump threats over Russian oil. Oil prices were little changed on Friday and heading for a weekly gain as investors weighed
