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Dubai Financial Market sees small Q4 net profit

Dubai Financial Market sees small Q4 net profit

Dubai Financial Market (DFM), the Arab world's only listed bourse, eked out a small fourth-quarter profit as it focused on new revenue streams and cut its dependency on commissions after a year of dwindling trading volumes.

February 27, 2012 1:02
 
Saudi’s Almarai to start sukuk roadshow this week

Saudi’s Almarai to start sukuk roadshow this week

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, plans to start a roadshow this week to issue a riyal denominated sukuk, or Islamic bond, the firm said in a bourse statement on Saturday.

February 19, 2012 10:17
 
Qatar Bourse closes on Feb. 14 for holiday

Qatar Bourse closes on Feb. 14 for holiday

Qatar Bourse is closed on February 14 for a public holiday.

February 12, 2012 2:55
 
Qatar Bourse says foreign stake onus on companies

Qatar Bourse says foreign stake onus on companies

Qatar's bourse has done all it needs to secure an upgrade to emerging market status from index compiler MSCI and the onus is now on individual companies to address the main foreign ownership limit issue, its top executive said.

February 6, 2012 2:50