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Dubai stocks hit fresh 40-month highDubai stocks resumed gains as bargain hunters returned ahead of first-quarter earnings, lifting the emirate's benchmark to a fresh 40-month high. Budget carrier Air Arabia rose 4 percent to More… |
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Dubai stock market hits 40-month highThe Dubai stock market index rose to a 40-month high today as investors continued their buying spree expecting strong first-quarter earnings. Emaar Properties rose 2.1 percent, Dubai Islam More… |
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Egypt bourse to restart same-day tradingEgypt's stock exchange will reinstate the buying and selling of single stocks in the same session from the first week of next month in an effort to boost market volumes. The ability to buy and sell a stock in the same session More… |
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Open market to foreigners, urges Prince AlwaleedSaudi Arabian billionaire Prince Alwaleed bin Talal called on the kingdom's regulators to open up the stock market to foreigners and reduce its reliance on retail investors. In a televised i More… |
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IPOs may help revive Saudi stock marketAfter a stellar start to the year, Saudi Arabia's stock market has lost its momentum because of disappointing earnings at blue-chip companies. Now investors are hoping a spate of new listings of family-owned businesses will restore energy to More… |
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Egypt sees IMF loan deal in DecemberEgypt expects to reach a loan agreement with the IMF by mid-December after talks this month focusing on limiting the budget deficit and a minimum level for its foreign reserves, the finance minister said. More… |
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Dubai market hits 23-week highDubai's benchmark index extended its rally to hit a 23-week high on Sunday, with real estate stocks attracting buyers amid renewed momentum in the once-troubled sector. Other Gulf markets we More… |
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Zain Iraq plans Baghdad listing by early 2013Iraqi mobile phone company Zain Iraq plans to go ahead with a long-delayed stock market listing in Baghdad by early 2013 at the latest, its chief operating officer said on Tuesday. Zain Iraq, owned by Kuwaiti telecom group Zain, s More… |
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India launches reforms to boost stock marketIndia moved to encourage investors to put extra money in the stock market and spur more domestic companies to borrow cheaply abroad, leading to fresh leaps on the Bombay Stock Exchange yesterday. Finance Minister P Chidambaram ann More… |
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Egypt shares hit 14-month high on funding hopeEgypt's benchmark share index rose 2 per cent on Tuesday to its highest since June 2011 as retail investors moved into the market, optimistic that government efforts to bolster an ailing economy are bearing fruit. In the last four m More… |
