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
The financial market regulator of the UAE said it would tighten supervision of the stock exchanges, after wild trading in Dubai-listed construction firm Arabtec helped to trigger a market crash.
Regulations on bank lending against
Saudi Arabia's stock exchange introduced on Sunday a new method for calculating the closing prices of traded shares, to limit excessive speculation and manipulation in the Gulf Arab region's largest stock market.
Telecom operator Zain Bahrain and a firm involved in running petrol stations are among the firms preparing for an initial public offer (IPO) of shares on Bahrain's stock exchange this year, a top bourse official said.