Friday 29 April 2016
 
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Saudi Arabia puts on hold $324m bourse tower project

Saudi Arabia has put on hold a 380 billion won ($324 million) financial centre project being developed by Samsung C&T Corporation at the King Abdullah Financial District (KAFD) for a seven-month period owing to financial difficulties amid oi

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Saudi bourse appoints Al-Hussan as CEO

The board of Saudi Arabia's stock market has formally appointed Khalid Abdullah Al-Hussan as chief executive effective from March 21, according to a statement posted on the Capital Market Authority website. Al-Hussan had been

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BHB adopts distribution license fees for data vendors

The Bahrain Bourse has approved the data distribution fees for licensed data vendors, effective from April 3.   Shaikh Khalifa bin Ebrahim Al-Khalifa, chief executive officer, said the resolution includes a list

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Bahrain Bourse creates REITs market

Bahrain Bourse has issued a resolution in respect of the creation of the real estate investment trusts (REITs) market and adding it to its markets.   Yusuf Abdullah Humood, chairman, said that in this market, REI

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New push to support smaller firms in Bahrain

Oversight of Bahrain Bourse (BHB) has been moved to the Industry, Commerce and Tourism Ministry from the Central Bank of Bahrain with a view to making it easier and quicker for smaller companies to access public funding, Minister Zayed Al Zaya

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Bourses join global market rout; Egypt tumbles 2.8pc

Stock markets in the Middle East fell on Tuesday, erasing the prior session's gains, as risk appetite diminished following a slump in global shares. Egypt's main index tumbled 2.8 per cent to 6,004 points, erasing the prio

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Saudi bourse uncertain on MSCI entry in 2017

Saudi Arabia's stock exchange (Tadawul) is not certain that it can join international index compiler MSCI's emerging markets index in 2017, the exchange's acting chief executive was quoted as saying. The kingdom opened

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Trade in t-bills at Bahrain Bourse begins with 11 listings

Bahrain Bourse (BHB) has launched the ‘Treasury Bils Market,’ with the listing of 11 issues in the market issued by the Central Bank of Bahrain.   It was launched under the patronage and presence of R

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BHB adopts treasury bills trading guidelines

Bahrain Bourse (BHB) has adopted guidelines on the trading of treasury bills (t-bills) in its market.   Shaikh Khalifa bin Ebrahim Al Khalifa, chief executive officer, said the t-bills market is one of the joint

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Bahrain Bourse launches market for treasury bills

Bahrain Bourse has launched the Treasury Bills Market, adding it to the markets for trading.   Yusuf Abdullah Humood, BHB’s chairman, said that in this market, Treasury Bills issued by the Government of Bah

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