Friday 29 March 2024
 
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GDR

Iata DGR for Electronic Flight Bags takes off with Emirates

The International Air Transport Association (Iata) has announced that Emirates Airline is the launch customer for the Iata Dangerous Goods Regulations (DGR) for Electronic Flight Bags (eFB).    This importan

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GFH to terminate GDR

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). "After careful

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Egypt's Pioneers eyes GDRs, regional expansion

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

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Kipco postpones GDR issue amid crisis

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

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Global doubles Q2 profit on higher fees

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

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Qatar's Commercial Bank sets GDR price at $7.50

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

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Global GDRs listed on London Stock Exchange

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

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Global prices GDR in mid-range

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

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Kipco in talks to sell GDRs

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

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Global GDR issue to raise $1 billion

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

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