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Abu Dhabi bourse renamed ADX
Abu Dhabi
The UAE capital’s bourse “Abu Dhabi Securities Market” has been renamed as Abu Dhabi Securities Exchange (ADX).
HSBC fund dumps pricey commodities
London
One of HSBC's most actively managed fund divisions has been reducing its exposure to commodities, expecting a major correction in the high-flying sector.
Saudi pension agency mulls IPO
Riyadh
Saudi Arabia's Public Pension Agency is considering selling shares to the public in a real estate management unit that has 3 billion riyals ($800 million) of investments, its governor said on Wednesday.
More top stories
Saudi investor pulls out of Austrian airline deal
RAK plans $2 billion sukuk
StanChart to run RAK Sukuk
Foreigners buy $646.3m shares on DFM
Nakheel prices $980m Islamic bonds
Dubai's Future Pipe drops $554m IPO
Tabreed sets final terms for $408m trust certificates
Damac Kuwait to be listed on KSE
Stanchart opens trading room at DIFC
$158m AirAsia sukuk issue approved
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Oil bears hard to find after market's record run
Bears are a rare breed, but not yet extinct in an oil market where prices have doubled in the pas
Turnaround experts in big demand as US recession looms
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Drugmakers chase new markets as US, Europe flop
As sales of big-brand medicines in the United States and Europe falter, Western drug companies ha
Gulf currency bets resurrect Islamic bond sales
The Gulf's once red-hot Islamic bond market is coming back to life after a nine-month lull as sel
KFC heads to China as US faces recession
With a possible US recession looming, Colonel Sanders is turning to China to fill the breach, off
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