Friday 22 September 2017
 
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Kuwait's first PPP project to offer shares in 2018

The Kuwait Authority for Partnership Projects (KAPP) aims to offer shares in Shamal AzZour Al Oula, the country's first public-private partnership project, to investors on Kuwait stock exchange in the first quarter of 2018. Sh

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Kuwait's first PPP project to offer shares in 2018

The Kuwait Authority for Partnership Projects (KAPP) aims to offer shares in Shamal AzZour Al Oula, the country's first public-private partnership project, to investors on Kuwait stock exchange in the first quarter of 2018. Sh

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Saudi Aramco IPO to boost sustainable growth, quality jobs

The planned initial public offering (IPO) of Saudi Aramco, the world’s biggest oil company, on local and international stock markets is the most notable feature of the kingdom’s transformation and will help generate sustainable gro

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Saudi Aramco IPO to boost sustainable growth, quality jobs

The planned initial public offering (IPO) of Saudi Aramco, the world’s biggest oil company, on local and international stock markets is the most notable feature of the kingdom’s transformation and will help generate sustainable gro

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Unilever spurns $143bn Kraft Heinz surprise bid

US food company Kraft Heinz made a surprise $143 billion offer for Anglo-Dutch consumer goods giant Unilever in a bid to build a global consumer goods giant.    But the Anglo-Dutch consumer goods giant has d

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Unilever spurns $143bn Kraft Heinz surprise bid

US food company Kraft Heinz made a surprise $143 billion offer for Anglo-Dutch consumer goods giant Unilever in a bid to build a global consumer goods giant.    But the Anglo-Dutch consumer goods giant has d

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Foreigners buy $680m shares on DFM

Foreign investors purchased shares worth Dh2.5 billion ($680 million) on the Dubai Financial Market (DFM) over the week, while the value of stocks they sold amounted to Dh2.4 billion ($653 million), said a report. The net foreign

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Damac shares get Sharia compliance certification

Damac Properties, a leading luxury real estate developer in the UAE, said it has obtained Sharia-compliant certification for its shares from Dar Al Sharia Islamic Finance Consultancy for purposes of investment and trading. This fo

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Samsung cuts stake in four companies

Tech giant Samsung Electronics said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses. Samsung said in a statement i

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Shares crumble as oil falls, bond yields soar on stimulus doubts

Asian shares wallowed near six-week lows on Wednesday, bruised by a fall in oil prices on renewed worries about a supply glut and as investors grew nervous about the diminishing capacity of the world's major central banks to shore up economi

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