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ADCB to net $272 mln in profits from RHB stake sale

ADCB sold its 24.9 percent stake in RHB to Aabar; Says funds to be used to strengthen balance sheet; ADCB shares rise 2.5 percent on Abu Dhabi bourse - reuters

June 19, 2011 10:27
 

Dubai’s Tamweel to start trading in 10 days – paper

Tamweel has declined to comment but Al Ittihad newspaper reports Islamic mortgage lender is ready to start trading again.

April 19, 2011 3:16
 

Norway’s DNO boosts oil reserve estimate in Iraq

Recoverable oil seen at 306 mln barrels, up from 230 mln; Revision a "major step up" with more to come -analyst; Iraqi political dispute still blocking DNO revenue; DNO shares up 1 pct on news, outperforming Oslo bourse

March 30, 2011 4:12
 

Saudi may consider further opening of bourse to foreigners

“We want to study new ways through which the foreign investor can enter,” Adulrahman al-Tuwaijri, chairman of the Capital Market Authority told Al-Watan.

March 6, 2010 8:39
 
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