A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy.
The agreement has made s
The chief executive of the United Arab Emirates (UAE) stock market regulator, Abdullah al-Turifi, is due to retire, four sources familiar with the matter told Reuters.
Turifi, a founding member of the regulatory body, is serving h
Egypt's stock exchange will soon move to next-day settlement of trades, the bourse chairman said on Sunday, a move that it hopes will increase activity and liquidity on the exchange.
The securities regulator "will issue a
Qatar Navigation (Milaha) warned of a challenging 2015 as conditions in its offshore business remained weak and its investment business was exposed to instability in local equity markets.
The shipping firm made the forecast on Mon
As Saudi Arabia's $500 billion-plus bourse prepares to open its doors to foreigners in June, outside investors appear ready to accept the political and financial risks as they finally get access to a market that rivals Brazil and Russia'
Saudi Arabia will open its $532 billion stock market to direct foreign investment on June 15, allowing qualified foreign institutions to buy shares from that date, the Capital Market Authority said on Thursday.
Final rules coverin
The Kuwait Stock Exchange may offer up to 44 per cent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday.
Such a move, which still require
Dubai-based financial services firm Arqaam Capital has chosen Rothschild to advise it on its planned stock market flotation in the emirate later this year, sources aware of the matter told Reuters on Thursday.
The appointment come
Middle East funds are turning positive on Saudi Arabia's stock market because of signs that oil prices are starting to stabilise, the latest Reuters survey of asset managers shows.
Many fund managers became bearish on Saudi Ar
Gold added to overnight losses on Thursday as strength in the dollar and equities plus robust US economic data reduced the metal's appeal as a hedge, triggering further outflows from the top bullion-backed fund.
Spot gold ease