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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 Bank Q3 profit climbs 10.5 percent

Dubai Islamic Bank , the Gulf Arab emirate's third-largest bank by market value, reported on Saturday a 10.5 percent rise in third-quarter net profit, beating analyst expectations.

October 29, 2011 3:03