08/18/2016
Saudi Arabia, its finances strained by low oil prices, is expected to make its market debut in September.
08/18/2016
Al Meera’s achievement follows the company’s disclosure of its semi-annual financial statements for the first six months of 2016, in which it announced a 10.6% increase in sales to QR1.35bn over QR1.22bn in 2015.
08/16/2016
The Gulf’s only listed exchange, Dubai Financial Market, gained 3.8% in its heaviest trade since May 3.
08/15/2016
Net losses in the three months to June 30 reached Dh50.8m, compared with a net profit of Dh1.7m in the same period a year ago, the company said.
08/15/2016
No value for the stake was disclosed. However, based on the bank’s current market capitalisation, the stake would be worth $108 million.
08/11/2016
Another initiative, Dubai Startup Hub, launched in collaboration with IBM, offers comprehensive information on Dubai’s start-up scene through an online platform.