Qatar bourse caps brokerage discountsQatar has limited the size of discounts that stock brokerages in the country can offer their customers, in a move that could reduce short-term speculative trading in shares. The Qatar Financial Markets Authority (QFMA), the regula More… |
Asiacell shares double bourse market capThe market capitalisation of the Baghdad bourse doubled in February to reach $9.2 billion, boosted by Asiacell share trading, which started in early February. As the first major flotation since a U.S.-led invasion toppled Saddam H More… |
Summit to discuss new Arab stock exchangeThe setting up of a joint Arab exchange in Bahrain will be discussed at a key joint Arab Foreign and Finance Ministers' Meeting being held today in Manama. Foreign Minister Shaikh Khalid bin Ahmed Al Khalifa and Finance Minist More… |
GIH approves delisting from Kuwait bourseShareholders 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 More… |
Saudi plunges to 10-month low on Egypt worriesSaudi Arabia's bourse slumped to a 10-month closing low on Sunday as political turmoil in Egypt spooks investors mainly due to the Kingdom's heavyweight sectors - petrochemicals and banking. Saudi Basic Industries Corporat More… |
UAE plans new market rules by year endThe UAE's main market watchdog approved market making and short selling of listed securities in a long-awaited move which may help revive the country's moribund equity markets. The Securities and Commodities Authority said More… |
Barwa Bank eyeing potential Doha IPOBarwa Bank, a Qatari lender part-owned by Qatar Holding, plans an initial public offering on the Doha stock exchange and is being advised by local investment bank QInvest, Barwa's top executive said on Monday. "We have be More… |
Tharwa funds rank top on Kuwait bourseTharwa Investment Fund and Tharwa Islamic Fund, leaders in asset management services, have achieved top positions for their performance since the beginning of 2012 on the Kuwait Stock Exchange. Abdullatif Al-Muzaini, assistant vice preside More… |
Commercial Bank of Kuwait names new chairmanCommercial Bank of Kuwait (CBK), the Gulf state's fourth largest lender, has named Ali Al-Moussa as its new chairman, the company said in a statement posted on the bourse website on Monday. In February CBK reported a sharp drop in full-yea More… |
Dubai-Abu Dhabi bourse merger ‘still on table’A long-touted merger between the Abu Dhabi and Dubai stock exchanges is still on the table, the United Arab Emirates' economy minister said on Tuesday, with a committee expected to present its recommendations by year-end. The owners of the More… |








