Opening up of Saudi bourse to FDI good for Oman
The opening up of Saudi Arabia's stock market , the Middle East's largest by capitalisation, to foreign investors since June…
Trading, Broking & Stock Exchanges
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One of the Largest Asset Managers in MENA with $11.5bn (AUM) Discusses Strategy and Investments
WWhy should people invest with a quality asset manager as opposed to investing their own funds? I think the…
NCB raises SR1bn through sukuk
Saudi Arabia's National Commercial Bank became the latest lender in the Kingdom to announce the sale of a capital-boosting Islamic…
National Bank of Egypt picks banks for potential benchmark bond
National Bank of Egypt, the oldest commercial lender in the country, has picked five banks to arrange fixed income meetings…
Tadawul stocks correcting due to ‘seasonality reasons’
Saudi Arabia's Tadawul All-Share Index (TASI) plunged 1.7 percent to 9,344.11 points in thin trade, dropping below its 200-day average,…
Dubai Investments completes 59.66 per cent acquisition in Al Mal Capital
Dubai Investments PJSC has completed acquisition of 59.66 per cent stake in Al Mal Capital PSC, which when allied to…
UAE federal government lifts Etisalat foreign ownership restriction
The government has lifted the restriction on foreign ownership of Etisalat shares, opening up the country’s biggest publicly traded company…
Ramadan effect weighs on mideast markets as trading slows
Stock Markets in the Middle East moved less than half a per cent on the first Sunday during the month…
CBE governor briefs Sisi on efforts to secure hard currency, fight black market
President Abdel Fattah al-Sisi met with the Central Bank of Egypt’s governor Hisham Ramez, to review efforts aimed at providing…
Dubai's Daman Investments says working on IPO
Dubai's Daman Investments IPO-DAMI.DI, a United Arab Emirates investment management firm, is working on plans to go public, its chairman…
Falcon Insurance plans to float initial public offering
Falcon Insurance, a subsidiary of Al Anwar Holding, plans to float an initial public offering on the Muscat Securities Market…
Tadawul plans road shows at world financial centers
The Saudi stock exchange, which is now open to international investors, has planned to showcase the significant opportunities it holds…