Australian Exchange Archives

First Abu Dhabi Bank intends to acquire Bank Audi Egypt

January 23, 2020

ABU DHABI: First Abu Dhabi Bank (FAB) has entered into exclusive discussions with Bank Audi to acquire its fully owned subsidiary in Egypt, Bank…

QSE closes registration for its Financial Education Competition for Universities

January 22, 2020

DOHA: Qatar Stock Exchange (QSE) has closed registration for its second annual Financial Education Competition for Universities, whose final ceremony will be held and…

SHUAA led issuance of GFH Financial Group’s $300mn Sukuk oversubscribed more than two times

January 22, 2020

DUBAI, UAE: SHUAA Capital, the asset management and investment banking platform created by the merger of SHUAA Capital and Abu Dhabi Financial Group (ADFG),…

Latin American insurance markets could see boost in 2020

January 19, 2020

NEW YORK: Global insurance industry credit rating agency, AM Best expects Latin America’s economies to rebound somewhat in 2020, which would help the insurance…

Al Ramz buys market‐making business of SHUAA Capital

January 16, 2020

DUBAI: Al Ramz Corporation Investment & Development PJSC announced the acquisition of the market‐making business of SHUAA Capital, the leading Asset Management and Investment…

Bahrain Bourse adopts new listing rules to clarify regulatory and organizational framework

January 14, 2020

MANAMA, BAHRAIN: Bahrain Bourse’s (BHB) has adopted the new Listing Rules that aim to clarify the regulatory and organizational framework governing all operational aspects…

AM Best affirms credit ratings of EyeMed Insurance Company

January 12, 2020

OLDWICK: AM Best, a global credit rating agency, news publisher and data provider specializing in the insurance industry, has affirmed the Financial Strength Rating…

SGX RegCo enhances rules governing listings review, increases oversight and due diligence standards

January 10, 2020

SINGAPORE: Singapore Exchange Regulation (SGX RegCo) is incorporating The Association of Banks in Singapore (ABS) Listings Due Diligence Guidelines (ABS Guidelines) and Issue Managers…

AM Best maintains Brazil reinsurance market outlook at negative

January 9, 2020

NEW YORK: AM Best continues to hold a negative outlook on Brazil’s reinsurance sector, due predominantly to macroeconomic instability and a declining interest rate…

Al Salam Bank opens new Riffa branch in Al Raya Mall

January 7, 2020

MANAMA, BAHRAIN: Al Salam Bank-Bahrain officially opened its newest branch at Al Raya Mall in Riffa in the presence of the Executive Director of…

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Category: Australian Exchange