The first ever Arab IPO summit kicked off in Dubai, UAE today with participation from senior officials across capital markets and top companies to discuss the latest trends in the region and regulations on listings for issuers.
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash.
Al Meera Consumer Goods Company was selected among the top 10 performing companies among the 43 businesses listed on the Qatar Exchange at a recent ceremony hosted by Qatar Today, a leading news and business monthly.
Dubai Financial Market, the emirate's main stock exchange, will add a five-minute "trading-at-last session" to its daily routine as it adjusts the pre-closing session next month, it said on Monday.
The pre-closing se
The two main stock exchanges in the UAE are trying to attract market makers but some industry professionals say Abu Dhabi is offering more generous financial terms and more liberal rules than Dubai, suggesting it may have more success.
Qatar's stock exchange will treat investors from Gulf Cooperation Council (GCC) countries as local citizens from Thursday when calculating whether foreign ownership in listed companies has reached permissible limits, the bourse said on Wedne
Turkey's Borsa Istanbul has decided to go public, it said in a statement on Tuesday, in an offering that will see the $220 billion stock exchange sell up to nearly 43 per cent of its capital.
Turkey's sole stock exchange s
Dubai-based Marka, a retail and restaurant start-up which listed on the emirate's bourse last year, expects to turn profitable in the fourth quarter of 2015, its chief executive said on Monday.
Nick Peel also said the firm was
Daman Investments, a United Arab Emirates investment management firm, said on Monday it planned to list on the Dubai Financial Market during the first quarter of 2015.
Dubai-based Daman will sell new shares equivalent to 55 per ce
Abu Dhabi Securities Exchange (ADX) is in discussions with four companies about listing on the bourse, with two potentially happening before the end of the year, ADX chief executive Rashed al-Baloush said on Monday.
He did not say