DP World celebrates $3.3bn listings on Nasdaq Dubai
Dubai-based global marine terminal operator DP World's group chairman and CEO, Sultan Ahmed Bin Sulayem, today rang the market-opening bell…
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Dubai index extends losses as Emaar weighs
The Dubai index eased more than half a per cent on Monday, extending losses for another session, weighed by weakness…
Kuwait Central Bank issues circular against dealing with Iran
Kuwaiti Banks have been cautioned against illegal transactions and deceptive dealings with Iran. The Central Bank of Kuwait sent…
Alkhabeer Capital launches IPO of real estate investment fund on Tadawul
Alkhabeer Capital launched the initial public offering (IPO) of its Shari’ah compliant real estate investment fund on the Saudi Stock…
Banks support Qatar recovery, Oman up sharply
Qatar's bourse gained sharply and recovered some of its losses from the last two sessions, while the Oman index registered…
Small businesses are building blocks of economic development: KIB
KIB recently sponsored the 7th Tmkeen Youth Empowerment Symposium (YES), which was held under the patronage of HH the Amir…
Banks pressure Qatar, Egypt rises sharply
Egypt's blue-chip index rose on Tuesday, boosted by its real estate and industrial shares, while Qatar fell a day after…
Kuwait’s Central Bank calls for updating macroeconomic models at GCC level
Deputy Governor of the Central Bank of Kuwait Youssef Al-Obaid yesterday called for holding discussions among the GCC central banks…
Saudi Schools IPO Underscores Weakening Foreign Demand
A Saudi private-school operator’s initial public offering in October attracted less demand than recent previous sales in the kingdom, two…
Dubai cements position as top Islamic economy hub
Dubai is ideally positioned to be a leading player in the Islamic economy with its well-established and flourishing trade, tourism,…
Saudi’s Alkhabeer to list property trust on market
Saudi Arabia’s Alkhabeer Capital plans to list a property trust on the stock exchange, the company said on Tuesday. …
New UAE law to raise Central Bank's capital
The law – federal law No. 14 of 2018 – raises the CBUAE’s capital to AED 20 billion and sets…