Tuesday 18 December 2018
 
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Shareholding

Capital value of UAE listed companies tops $111bn

The capital value of local public shareholding companies registered at the Securities and Commodities Authority (SCA) reached Dh410.36 billion ($111.7 billion) at the end of 2017, a media report said. In 2017, the SCA registered f

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Legacy alliances have outlived their use: Hogan

  Legacy airline alliances have outlived their usefulness while equity alliance of minority shareholdings has proved a big success, according to Etihad Airways’ president and chief executive officer James Hogan.

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NBB, insurance firm to buy major stake in BiSB

National Bank of Bahrain (NBB) and Social Insurance Organisation Asset Management Company (SIOAM) have announced that they were taking a controlling stake in Bahrain Islamic Bank (BisB). The two financial institutions said they ha

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UDC launches redesigned website

United Development Company (UDC), a leading Qatar-based private sector shareholding company, has launched its redesigned corporate website in Arabic and English. The new user-friendly website (udcqatar.com) with its refreshed visuals and e

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Qtel ups stake in Indosat to 65pc

Qatar Telecom (Qtel) said it has purchased an additional 1.314 billion shares of PT Indosat (Indosat), raising its shareholding in Indonesian company from 40.81 per cent to about 65 per cent. The purchase was completed through du

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