Thursday 30 October 2014
 
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Dubai, Saudi markets lead rebound as panic eases

Most major stock markets in the Middle East rebounded on Monday, led by bourses in Dubai and Saudi Arabia, as global equities stabilised and several companies in the region reported strong quarterly earnings. On Sunday, some regio

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Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back towards their lowest in six months as concern mounts over global economic growth. New York markets were set to open flat to higher and cur

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Dubai's Marka jumps 59pc on listing

Dubai's bourse edged down on Thursday as investors focused on the listing of retail and restaurants start-up Marka, while Saudi Arabia's index rebounded from a one-month low and other markets in the region were mixed. Mark

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Bahrain’s shrimp stocks drop due to illegal fishing

Fishermen in Bahrain have reported a "significant" drop in shrimp stocks in the last month because of illegal fishing. Fishermen's Protection Society president Jassim Al Jeran said the season so far has been abysmal,

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Saudi likely to impose 20pc foreign ownership limit

Overseas investors in the Saudi Arabian stock market will face restrictions including a 20 per cent ceiling on combined foreign ownership of any listed stock, a major Saudi newspaper reported on Tuesday. The Capital Market Authori

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Blue chips lift Saudi index to six-year peak

Blue-chip stocks lifted Saudi Arabia's bourse to a new six-and-a-half year peak on Sunday, while other Middle East markets were mixed as low volumes led to choppy trading and a lack of clear direction. The Saudi index rose 0.5

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Qatar raises foreign ownership limit for stocks

Qatar's emir has issued a law providing for foreign investors to own up to 49 percent of listed Qatari companies, part of reforms to expand the stock market and develop the financial industry. "The law stipulates that non

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Qatar raises foreign ownership limit for stocks

Qatar's emir has issued a law providing for foreign investors to own up to 49 percent of listed Qatari companies, part of reforms to expand the stock market and develop the financial industry. "The law stipulates that non

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Damac looks to list shares on Dubai bourse

Dubai luxury property developer Damac is offering investors the option of converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that would be listed on Dubai's main stock market. I

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Damac looks to list shares on Dubai bourse

Dubai luxury property developer Damac is offering investors the option of converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that would be listed on Dubai's main stock market. I

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