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Foreigners buy $309m stocks on DFMDubai Financial Market (DFM), one of Arab world's leading bourses, said foreign investors bought stocks worth Dh1.134 billion ($308.6 million) in August, which was 50.7 per cent of the total traded value. Announcing this on Su More… |
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Nomura to offer access to Saudi stock marketNomura, a global investment bank, has been authorised by the Saudi Arabian Capital Markets Authority (CMA) to offer international institutional investors access to the Saudi stock market (Tadawul). Nomura, in accordance with CMA guideline More… |
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Saudi's foreign share listing 'a strategic move'Saudi Arabia's decision to open up its stock market for foreign investors is a strategic move by the Kingdom to seek diversification from its core oil resources and emerge as a strong financial centre in the Gulf, said an expert. More… |
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Iraq reoffers 18 govt-run factories to investorsEager to rebuild its ailing industrial sector, Iraq has relaunched a tender to rehabilitate 18 of its idle factories, for the second time this year, after failing to attract enough interest from foreign investors, an Iraqi official said. I More… |
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Foreign investors shun key regional marketsForeign investors are shedding positions in key Gulf markets considered immune to the political unrest sweeping the Middle East and local state institutions are running out of firepower to stem the slide. Foreign investors were net sellers More… |
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Foreign investor appetite to boost Egypt stocksInvestors are likely to pour more funds into Egypt in 2011 as a strengthening economy and attractive yields outweigh a fragile social backdrop and uncertainty ahead of a presidential election. Egypt's main stock index rose 20 percent in th More… |
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RAK steps up bid to woo foreign investorsWith its strategic location in the northernmost part of the UAE coupled with a programme of ambitious economic reforms, Ras Al Khaimah is set to attract an increasing number of investors to its shores, said a top official. Sheikh Saud bin More… |
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Foreigners to tap GCC sukuk marketDemand for Islamic bonds (sukuk) will increase from next year when foreign investors are expected to tap Gulf Arab markets, a top banker said. Simon Eedle, managing director of Global Islamic Banking at Calyon, told the Reuters Islamic Ban More… |
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Foreigners buy $315m shares on DFMDubai Financial Market said the value of shares bought by foreign investors, or non-UAE nationals, during last week (November 2 - November 6) reached Dh1.156 billion ($315 million) comprising 36.2 per cent of the total value of stocks traded durin More… |
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Foreigners buy $379m shares on DFMThe Dubai Financial Market said that foreign investors had bought shares worth Dh1.39 billion ($379 million) last week (October 26 - October 30), comprising 35 per cent of the total value of stocks traded during the period. The value of st More… |
