Egypt has set limits on transferring shares of local companies into internationally-traded global depository receipts (GDRs), a move which could prevent a repeat of a controversial deal which may lead to the delisting of one of
Shareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading.
"(The general assembly) agreed to author
Abu Dhabi's Aldar Properties has no plans to delist from Abu Dhabi stock exchange, the company's deputy chief executive officer said on Wednesday, dismissing speculation that a major government shareholder may take the developer
Abu Dhabi-based Aabar Investments, the largest investor in German carmaker Daimler, has called a shareholders meeting to discuss delisting the company to boost flexibility.
Aabar said its board decided to seek regulatory approval for the e
State-owned fund Aabar has always stood out for its rapid growth and high-profile purchases but the world's only listed sovereign wealth fund is now making investors nervous with its plans to go private.
Aabar, majority-owned by the go
Abu Dhabi-based Aabar Investments will meet on June 24 to discuss a date for an extraordinary general meeting as it considers converting to a private joint stock company and delisting from the bourse.
International Petroleum Investment Co
Bahrain-based investment bank Investcorp is delisting $221.9 million worth of preference shares from the Bahrain Stock Exchange, the firm said.
Shareholders will be able to redeem their Series A shares on Friday, before the shares are deli