News Centre

UAE Securities Markets Gain Confidence Of Local And Foreign Investors - Achieving Positive Performance Backed By Strong Macroeconomic And Microeconomic Performance Indicators And A Legislative And Financial Supervisory System That Is In Accordance With Best Global Standards

Date 25/07/2016

Since the beginning of this year, the UAE financial markets have been witnessing remarkable recovery and have managed to absorb the multiple variables that have a positive correlation with the performance of world financial markets, such as plunging oil prices and the variables of the surrounding political geography, as well as the impacts of quantitative easing and the government lending policy pursued by Europe and the US, plus the fluctuating economic indicators and the Chinese financial markets.

ASIC Consults On Communicating Audit Findings To Directors, Audit Committees Or Senior Managers

Date 25/07/2016

ASIC today released a consultation paper about it directly communicating specific financial reporting and audit findings identified from ASIC reviews of external audit files to directors, audit committees or senior managers of companies, responsible entities or disclosing entities.

NZX Half Year 2016 Shareholder & Qrtly Regulation Metrics

Date 24/07/2016

NZX’s shareholder metrics for the six months to 30 June 2016 (1H 2016) demonstrate the excellent health of New Zealand’s capital markets and highlight the strong performance of NZX’s funds services business. A summary of NZX’s operating segments is below.

Algosaibi Groups Signs Settlement Agreement With Claimant Steering Committee - Largest Trial In History Of The Cayman Islands Begins In AHAB Case Against Al Sanea Liquidators

Date 24/07/2016

Coinciding events in the last week represent an historic milestone in the efforts of Ahmad Hamad Algosaibi & Brothers ("AHAB" or "The Company") to resolve the largest and most complex financial dispute in the history of the Middle East.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 24/07/2016

The total value of shares traded for the week ending 21  July 2016 amounted to SAR 18.29 billion, decreasing by 13.48% over the previous week; while total stock market capitalization reached SAR 1,522.20 billion at the end of this period, decreasing by 0.97% over the previous week.

Abu Dhabi Securities Exchange And Abu Dhabi Global Market Sign MOU On Bilateral Cooperation

Date 24/07/2016

Abu Dhabi Securities Market (ADX) and Abu Dhabi Global Market (ADGM) have entered into an agreement to foster bilateral cooperation. The Memorandum of Understanding was signed at ADGM Office on 24 July  2016 by His Excellency Hamad Abdullah Al Shamsi, Chairman of ADX, and His Excellency Ahmed Al Sayegh, Chairman of ADGM.  The ceremony was well attended by senior officials from both organisations.

FSB Chair Updates G20 Finance Ministers And Central Bank Governors On Progress In Advancing The FSB’s 2016 Priorities

Date 24/07/2016

The Financial Stability Board (FSB) today published a letter from Mark Carney, Chair of the FSB, which was sent to G20 Finance Ministers and Central Bank Governors ahead of their meeting in Chengdu on 23-24 July.

Statement By U.S. Treasury Secretary Lew At The G-20 In Chengdu, China

Date 24/07/2016

I would like to begin by first thanking our Chinese colleagues and the city of Chengdu for their gracious hospitality in hosting these important meetings.

During the last two days I underscored the fact that the United States remains a source of strength within the global economy, with real GDP more than 10 percent higher than its pre-recession peak. Solid growth in consumer spending during the second quarter combined with a strong labor market report in June suggests that the U.S. job market remains healthy.

IMF Managing Director Christine Lagarde Calls For Broad-based Policy Effort To Reinvigorate Growth

Date 24/07/2016

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Chengdu, China:

“We met at a time of political uncertainty from the Brexit vote, and continued financial market volatility. Lackluster growth of the post-crisis era continues, with weak demand in advanced economies and difficult transitions to a self-sustained growth model in many emerging markets. As a result, global growth has been revised downward slightly for both 2016 and 2017."

Bats Comments On SEC’s Approval Of Generic Listings Filing - Landmark Decision Pivotal For Actively Managed ETF Market

Date 23/07/2016

Bats Global Markets, Inc. (Bats: BATS) today issued the following statement in response to the SEC’s approval of its filing to adopt generic listing standards for actively managed exchange-traded funds.