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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
 
Dubai’s Deyaar swings to full-year profit

Dubai’s Deyaar swings to full-year profit

Deyaar Development, Dubai's second largest developer by market value, swung to a small profit in 2011, it said in a statement to the Dubai bourse on Sunday.

February 5, 2012 12:48
 
Qatar Foreign Ownership limits may remain through June

Qatar Foreign Ownership limits may remain through June

Trading on new SME market to begin by year-end; T-bill trading limited since December launch

January 26, 2012 1:47
 
Saudi Arabia to allow foreign shares to list in bourse

Saudi Arabia to allow foreign shares to list in bourse

Saudi Arabia will allow foreign companies to list securities on the kingdom's bourse, taking the Gulf Arab state a step closer to direct ownership for overseas investors.

January 23, 2012 3:03
 

Dubai Islamic CEO resigns from Bahrain’s GFH board

Dubai Islamic Bank's Chief Executive Officer Abdulla Al Hamli has resigned from the board of Gulf Finance House , the Bahraini investment bank said Sunday.

January 8, 2012 10:43
 

Saudi to OK some foreign ownership of stocks

Saudi Arabia's plans to open up its stock market will limit direct foreign ownership to investors with at least $5 billion under management and allow each to hold a maximum 5 percent of a stock's issued share capital, two industry sources said.

December 10, 2011 4:21
 

Agility bidding for Kuwait Health Assurance Co stake

Kuwait's Agility has bid about 25.6 million dinars ($92.44 mln) to acquire a strategic stake in Kuwait Health Assurance Co. (KHAC), a company currently under establishment in the Gulf Arab state, Agility said on Sunday.

December 4, 2011 9:49
 
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