Saturday 23 September 2017
 
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Zain and Omantel complete treasury share sale

Omantel and Zain have closed the treasury shares transaction by which Omantel bought a key stake in the latter for $846.1 million. This announcement came after an auction process managed by the Boursa Kuwait in which Omantel won the bid

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Global airline share prices see first fall since March

Global airline share prices fell by 3.2 per cent in July – the first monthly fall since March. Having risen by nearly 15 per cent over the previous three months, and having outperformed the global equity index over the past year, the month

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Hyundai aims to grow market share in Middle East

Hyundai, a leading automobile manufacturer, is aiming to take a bigger share of the market for medium and large sedans in the Middle East, with the new Azera and updated Sonata models. The new models are offering dramatic new look

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Hyundai aims to grow market share in Middle East

Hyundai, a leading automobile manufacturer, is aiming to take a bigger share of the market for medium and large sedans in the Middle East, with the new Azera and updated Sonata models. The new models are offering dramatic new look

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Share of investment-grade sovereign issuers down 50pc

The proportion of sovereign bond issuers with investment grade ratings continues to fall, driven in part by an increase in riskier emerging market debt issuance, according to Moody's Investors Service.   The

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Global airline share prices up 7.8pc in May

Global airline share prices made strong gains in May, rising 7.8 per cent in the month, to be more than 20 per cent higher over the past year. Airline shares have now outperformed the global equity index in year-on-year terms, for

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Global airline share prices hit highest level since Oct 2015

Global airline share prices rose by 2.5 per cent in April, taking them to their highest level since October 2015. The global airline index has now risen by 10 per cent over the last year, just below the 13 per cent increase seen in global equiti

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Global airline share prices down 1.5pc in March

Global airline share prices fell by 1.5 per cent in March, partly unwinding recent gains. The global index is now unchanged from a year ago, while global equities overall are up 13 per cent over the same period. According to an ai

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Waha Capital sells key stake in New York firm

Waha Capital, a leading Abu Dhabi-based investment company, said it has extended collar hedges on 18.89 million shares for up to 43 months and also sold four million shares in New York-listed AerCap Holdings. AerCap’s share

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Waha Capital sells key stake in New York firm

Waha Capital, a leading Abu Dhabi-based investment company, said it has extended collar hedges on 18.89 million shares for up to 43 months and also sold four million shares in New York-listed AerCap Holdings. AerCap’s share

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