Saudi stock regulator plans to tighten rulesThe Saudi Capital Market Authority has begun consultations that could change how closing share prices are calculated and how long listed firms can trade with large accumulated losses, part of a dr More… |
Saudi CMA caps first-day stocks price volatilityThe Saudi Capital Market Authority (CMA) announced on Sunday that stocks on the kingdom's bourse would be limited to price swings of 10 per cent on their first day of trade. More… |
Saudi Arabia 'not aware of Barclays probe'Saudi Arabia's market regulator said it was not aware of any investigation into a licence it granted British bank Barclays three years ago. The statement follows a report that US authorities More… |
Green light for EFG-Hermes, QInvest dealEgypt's regulator has no objections to the deal between EFG-Hermes and QInvest of Qatar to create an investment bank, the Egyptian investment bank said on Monday, giving a green light for the tie-up to go ahead. More… |
Iraq fines Asiacell, Korek for failing to listIraq's communications regulator has decided to fine mobile phone operator Asiacell $8,500 per day since September 1, 2011 for failing to list on the local stock exchange, a senior official at the body said on Tuesday. Ahmed Alomary, commis More… |
EU regulators may ease demands for banksEuropean banking regulators may ease demands on capital buffers for banks should a recent drop in sovereign debt yields prove lasting, Italian daily Corriere della Sera quoted European Banking Authority (EBA) chairman Andrea Enria as saying. More… |
Egypt regulator rejects Citadel planEgypt's regulator has rejected a request by Citadel Capital to raise its capital, citing reasons that included the failure of the private equity firm to give adequate justification, it said in a letter. The regulator's letter, obta More… |
Kuwait names new stock market headKuwait's cabinet has approved a draft decree appointing Hamed Al-Saif to head the Kuwaiti stock market, Kuna said. He replaces Saleh Al-Falah who will be heading the new stock market regulator. In February, the More… |
Kuwait names chief for stock market regulatorKuwait's cabinet has passed a draft decree appointing the director of the country's stock exchange as the head of the new stock market regulator, state news agency Kuna reported on Wednesday. The draft decree app More… |
Egypt regulator, ex-bourse head under probeAn Egyptian prosecutor is examining whether the head of the country's financial regulator along with the former chairman of the bourse broke the law, following complaints by investors, according to a statement. A complaint was filed by More… |








