Saturday 25 June 2016
 
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Kuwait suspends trading in Agility shares

Shares in Kuwait's Agility were suspended on Wednesday until the company responded to what was published in news reports, the Kuwaiti bourse said in a statement without specifying the nature of the press articles. The largest

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Heavy trading predicted around Brexit vote

US stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union. The June 23 vote could have big implications for the global e

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Menacorp DFM’s top brokerage firm for Q1

UAE-based Menacorp, a leading financial services firm, has secured the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016. Menacorp has maintained this l

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Morocco's bourse suspends trading in property firm

Morocco's financial market watchdog AMMC suspended trading in property company Alliances Development on Thursday pending an important announcement, a source from the regulator said. The move came in the last day of the three m

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Trading of Telecom Egypt shares suspended

Egypt's stock exchange suspended trading of shares of Telecom Egypt, the state-owned landline monopoly, on Wednesday after the government replaced all of its representatives on the company's board of directors, two sources told Reuters.

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Mubasher expands trading across new markets

Mubasher Financial Services, a leading financial institution in the Middle East, has undertaken a step to offer investors access to seven additional trading markets.   It includes South Africa, Singapore, Hong Ko

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Sico retains top broker status on Bahrain Bourse

Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, has retained its status as the leading broker on the Bahrain Bourse (BHB) for the 17th consecutive year.  

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Oil falls ahead of key producer meeting

Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed with concerns about a growing supply glut. After a volati

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Bahrain Bourse launches market for treasury bills

Bahrain Bourse has launched the Treasury Bills Market, adding it to the markets for trading.   Yusuf Abdullah Humood, BHB’s chairman, said that in this market, Treasury Bills issued by the Government of Bah

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Saudi NCB wins approval for derivatives unit

National Commercial Bank , Saudi Arabia's largest lender, has received regulatory approval to set up a subsidiary to engage in derivatives trading and repo activities, the lender said on Tuesday. The Cayman Islands-based unit,

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