Dubai's Emaar Properties expects the listing of its retail unit to occur within months, while it is also preparing its Egyptian unit for an initial public offer in Egypt, Emaar chairman Mohammed Alabbar said on Sunday.
Emaar Properties, the global property developer, has announced plans to list its shopping malls & retail subsidiary, marking one of the largest public offerings in the region since 2008.
Subject to market conditions, Emaar wil
Mesaieed Petrochemical Holding Company, a unit of state-owned Qatar Petroleum, plans a listing of its shares on Qatar Exchange on February 23, said a report.
The announcement comes after Mesaieed Petrochemical received the approva
GEMS Education today (January 28) marked the listing of a Dh735 million ($200 million) sukuk on Nasdaq Dubai, with its founder and chairman Sunny Varkey ringing the market opening bell at Dubai Financial Market (DFM).
The sukuk li
Qatar Exchange, a leading stock market in the GCC region, recently held its second IPO Advisory Group meeting, aiming to seek input from the various market participants on its new initiatives.
The idea of the IPO Advisory meeting
Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates NBD, rang the opening bell at Dubai Financial Market (DFM) today to celebrate the listing of two sukuks by Emirates Islamic Bank (EIB) on Nasdaq Dubai.
EIB’s choice of the re
Dubai listed its first new stock in more than four years on Tuesday but the shares drew no trade, underlining the limits of the market's recovery from its 2008 crash.
Bank of London and The Middle East (BLM
Doha Bank, Qatar's fifth-largest lender by market value, has won approval from key regulatory authorities to list 51.6 million new shares at Qatar Exchange in line with its plans to boost capital, said a top official.
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries may inflict damage on the Cairo stock market that lingers long after Egypt's politics stabilise and the economy recovers.
The 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