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
Saudi 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.
Qatar'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
Iraq'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
Shares 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