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Drake & Scull mulls dual listing in SaudiDubai contractor Drake and Scull may consider an additional listing of its shares on Saudi Arabia's Taduwal bourse though the firm does not have any imminent plans for it, its chief executive said on Monday. Tadawul is the lar More… |
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Bahrain Air investors face action over payoutInvestors in liquidated airline Bahrain Air are being threatened with legal action unless they hand over outstanding severance package payments, a report said. Hundreds of former employees are still waiting for the second half of More… |
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Regulations ‘helping business growth in Mena’Eighty-one per cent of senior executives in the Mena region believe that the current regulatory environment provides support for business growth, a report said. Business confidence across Mena was broad based, with respondents pos More… |
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Regulations, lack of liquidity ‘hitting GCC IPOs’Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hittin More… |
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Turkish lira eases after cbank tightens liquidityThe Turkish lira eased slightly on Wednesday after the central bank cut its overnight lending rate and tightened liquidity in the previous session, the latest moves in one of the world's most complicated monetary policy mixes. More… |
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Abu Dhabi lists big private firms to lure investorsThe Abu Dhabi stock exchange is looking to list some of the emirate's large private companies to help boost liquidity on the bourse and ensure its benchmark index better reflects the economy, its chief executive said on Tue More… |
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Real estate PE challenged by liquidity issuesReal estate private equity (PE) fund managers around the world continue to face major challenges stemming largely from ongoing illiquidity within the capital markets, a report said. This has left few able to secure bank financing More… |
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UAE plans new market rules by year endThe UAE's main market watchdog approved market making and short selling of listed securities in a long-awaited move which may help revive the country's moribund equity markets. The Securities and Commodities Authority said More… |
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Saudi Arabia approves mortgage draft lawSaudi Arabia has approved a draft law allowing mortgages to be sold in the kingdom, the state news agency said on Monday. 'It should help address one of the critical social issues in the kingdom - housing,' James Reeve, senior econ More… |
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Dubai bonds rally on investor confidenceDubai's sovereign bonds rallied this week, benefiting from good liquidity in the market as well as a rise of investor confidence in the high-flying emirate's ability to repay debts and sustain growth. Traders cited a general improv More… |
