Thursday 28 March 2024
 
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CCP

Tadawul sets up $160m unit for clearing services

The Saudi Stock Exchange (Tadawul) has established the Central Counterparty Clearing House (CCP) for clearing of securities in the Saudi capital market as a closed joint stock company with a capital of SR600 million ($160 million).

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Egypt inks deal with China firm to develop new capital

Egypt signed an agreement with a Chinese company on building and financing part of a planned new administrative capital east of Cairo, the investment minister told Reuters on Monday. The memorandum of understanding calls

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Qalaa chairman increases CCP stake by 4pc

Qalaa Holdings chairman and founder has increased his stake in Citadel Capital Partners, which is a lead investor in the company, by four per cent.   The transaction brings Ahmed Heikal’s ownership of CCP t

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