Register for our free newsletter
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
It’s back on the table: foreign ownership of companies in the UAE. But will foreigners actually get a bigger slice of the pie, and if they do, how big?
November 30, 2010 2:56Draft law to be submitted to the Cabinet within in month, says Minister of Economy Sultan bin Saeed al-Mansouri.
March 9, 2010 9:29Currently, foreigners cannot hold shares in the lender.
February 9, 2010 12:01
The government has reiterated that it is working on a new law to allow 100 percent foreign ownership of companies in the UAE.
September 14, 2009 9:51
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
