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).
Egyptian financial services company Pioneers Holding is looking into issuing global depositary receipts (GDRs) and expanding into new Middle Eastern markets, a board member said.
"We are studying issuing GDRs right now b
Investment firm Kuwait Projects Company (Kipco) has delayed plans to sell global depositary receipts (GDR) abroad due to bad market conditions, its chief executive said in remarks published on Tuesday.
'The current market situati
Kuwait’s Global Investment House boosted second-quarter net profit by 96 per cent as its investment banking business benefited from booming Gulf economies.
Kuwait’s biggest investment bank by market value, which offers advisory services an
Commercial Bank of Qatar (CBQ), the country's second-largest lender by market value, said it has set the pricing of its global depositary receipts (GDRs) at $7.50 per GDR.
The GDRs, each of which represent an interest in 0.20 ordinary shar
Global Investment House, a leading asset management and investment banking company operating across 16 countries in the GCC and the wider Mena region, has listed its Global Depositary Receipts (GDRs) on the regulated market for listed securities o
Kuwait's Global Investment House said on Monday it had priced its global depositary receipts (GDRs) in the middle of the price range at $18.75, raising $1.15 billion.
Global, Kuwait's biggest investment bank by market value, is selling up
Kuwait Projects Company is in talks with international banks to sell global depositary receipts (GDRs) worth up to 15 per cent of its share capital, a newspaper said on Sunday.
Kuwaiti daily al-Qabas said in an unsourced report that Kipco
Global Investment House, a leading asset management and investment banking company, is expected to raise $1 billion from its planned Global Depositary Receipts (GDRs).
The GDR offer price will range between $17.50 and $19.50 per GDR, the c
Commercial Bank of Qatar, the country's second-biggest lender by market value, said on Wednesday it planned to sell global depositary receipts (GDRs) to institutional investors.
Commercial Bank will hold a shareholder meeting before the en