Sunday 27 May 2018
Foreign investor

Saudi bourse readies for flurry of foreign investor licences

A flurry of foreign licences for Saudi Arabia's stock exchange could be awarded in the coming weeks after the first investors have been allowed direct entry to the $564 billion market, the bourse's chief executive said. Th


UK mulls tax on foreign property investors

Britain is considering imposing capital gains tax on foreign property investors in an effort to tackle soaring house prices in the capital, Sky News reported on Thursday citing unidentified sources. It said the Treasury had provis


Egypt's reserves ‘strong, banks liquid’

Egypt's central bank's reserves are strong, banks are liquid and any capital flight by foreign investor "hot money" will be short-lived, the deputy governor said on Saturday, adding banks would stay closed on Sunday. The comments follow fi

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