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Doha Bank gets approval for new share listingDoha 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. Announci More… |
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Orascom buyout battle scars Egypt stock marketA 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. 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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Saudia catering unit listing on July 9Saudi Airlines Catering Company will commence trading on the kingdom's stock exchange on July 9, a bourse statement said, after completing a 30-per cent initial public offering which was more than twice covered by investors. The cateri More… |
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Qatar's Barwa plans to issue sukuk by 2013Qatar's Barwa Bank plans to issue a sukuk by 2013 and is eyeing a share listing over the longer term, according to its chief executive. The Islamic lender, a unit of Barwa Real Estate, sees an issuance as helping smooth out maturities More… |
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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… |
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Japan firm's shares soar after Saudi listingShares in an affiliate of Japanese insurance giant Tokio Marine & Nichido Fire Insurance Company soared as they listed on the Saudi Arabian stock market yesterday, showing strong demand for fresh equity among Saudi investors despite the global More… |
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Zain Iraq invests $20m to listZain Iraq, the country's biggest mobile phone company, has invested about $20 million in its efforts to list on the local stock exchange, its chief executive said on Thursday. The Iraqi unit of Kuwait mobile phone operator Zain is required More… |
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DGCX to list copper futures on Apr 20The Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, will formally launch trading of copper futures on April 20. Copper is the third most widely used metal in the world and is listed on a number of major More… |
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Shuaa plays key role in NMC London listingDubai-based Shuaa Capital said it was the joint lead manager for the successful initial public offering of UAE healthcare provider NMC and its listing on the London Stock Exchange (LSE). Shuaa played a key role in the admission of the enti More… |
