Saudi regulator CMA approves four stake sale applications in Nomu
Saudi Arabia's capital market regulator has approved the share sale applications of four companies in the Nomu Parallel Market. …
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UAE's Central Bank issues 2020 silver coins to mark Expo opening
The UAE's Central Bank has issued of silver coins that feature Expo 2020's official mascots - the second commemorative coin…
Saudi Arabia sukuk to join widely followed FTSE bond index
FTSE Russell said on Thursday that Saudi Arabia's sukuk will be added to its widely followed local currency Emerging Markets…
Jadwa Investment announces secondary offering for Saudi REIT Fund
Jadwa Investment, a leading investment management and investment advisory in the Middle East and the largest manager of REITs in…
Al Zeyoudi chairs third Board of Directors meeting of Etihad Credit Insurance in 2021
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Deputy Chairman of Etihad Credit Insurance (ECI)…
Egypt CIRA’s OGM nods to cash dividends distribution
Cairo for Investment and Real Estate Development (CIRA) announced that its ordinary general meeting (OGM) has approved the board’s proposal…
Abu Dhabi leads major Gulf bourses higher; Egypt falls
Major stock markets in the Gulf reversed early losses to close higher on Thursday, with the Abu Dhabi index registering…
Lingering pandemic woes hamper MENA recovery: S&P report
The MENA-6: Egypt, Morocco, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates, are still operating in the shadow of…
GCC sukuk issuance set to decline in 2021
Sukuk [Islamic bonds] issuances across GCC countries are set to decline in 2021 compared to the previous year according to…
Bahrain's Investcorp announces completion of sale of PRO Unlimited
Investcorp has announced the completion of its sale of PRO Unlimited by Investcorp and funds managed by Harvest Partners, LP,…
QSE ends flat amidst gains in industrials, real estate stocks
The Qatar Stock Exchange on Wednesday treaded almost a flat path, reflecting in an unchanged capitalisation, amidst increased demand in…
Bahrain's Ahli United Bank hires banks for dollar senior sukuk – document
Bahrain-headquartered Ahli United Bank has hired banks to arrange the sale of U.S. dollar-denominated five-year senior sukuk, or Islamic bonds,…