Bahrain-based Gulf Finance House has announced that it has decided to terminate its Global Depository Receipt (GDR) programme and has initiated procedures to delist the GDR from the London Stock Exchange (LSE).
Borse Dubai ruled out any sale of its shares in Nasdaq OMX Group after shedding its entire 17.4 per cent stake in the London Stock Exchange (LSE).
The firm had been the biggest single shareholder in the LSE prior to the sale, whic
Borse Dubai has today sold its shareholding in London Stock Exchange Group (LSE), representing approximately 17.4 per cent of the share capital in the company.
The sale was made through a block sale managed by BofA Merrill Lynch,
A Dubai-based private investor has been fined a record $9.6 million for manipulating the securities of Indian refining giant Reliance Industries on the London Stock Exchange.
Britain's Financial Services Authority (FSA) said on Wednesd
The Singapore Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion
European clearinghouse LCH.Clearnet confirmed on Saturday it has received a string of offers from exchange operators interested in pursuing some form of business tie-up but said talks were still at an early stage.
On Friday a source told R
Dubai's ambition to become an international equity hub may have been put on ice by its need to repay debts, but the emirate could still become a magnet for global equity funds if the UAE consolidates its bourses and earns MSCI emerging market
Abu Dhabi has not made an offer to buy Dubai financial services assets, which includes the Dubai International Financial Centre (DIFC) for $1.5 billion, the DIFC governor was reported as saying.
'There are no offers fr
Qatar, which on Tuesday agreed to sell 25 per cent of its stock market to NYSE Euronext, is in talks with London and German stock exchanges about new partnerships, the Gulf state's sovereign wealth fund said.
Qatar, the world's biggest exp