 |
Adib Securities launches trading on Saudi Stock ExchangeAdib Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank (Adib), is now providing access for clients holding GCC nationalities to trade on the Saudi Stock Exchange (Tadawul), the Middle East’s largest bourse. The new of More… |
 |
Dow to convert $4bn preferred stock into equityDow Chemical Company has announced that it would convert all of the Series A preferred stock worth $4 billion held by Warren Buffett's Berkshire Hathaway and Kuwait's sovereign wealth fund, into common equity. Buffett boug More… |
|
Dow to convert $4bn preferred stock into equityDow Chemical Company has announced that it would convert all of the Series A preferred stock worth $4 billion held by Warren Buffett's Berkshire Hathaway and Kuwait's sovereign wealth fund, into common equity. Buffett boug More… |
 |
Facebook stock ‘can climb 20pc on ad growth’Facebook stock has the potential to climb by more than 20 per cent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday. The social media giant, which traded at More… |
 |
Saudi to open stock market wider to foreigners on Sept 4Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its bourse, the regulator said on Wednesday. W More… |
 |
Gulf stake in Europe firms ‘4 times bigger than thought’Some Gulf-based government funds are likely to own four times as many European shares as companies' management believe, according to a study by Nasdaq Corporate Solutions. Sovereign wealth funds' combined shareholdings are More… |
 |
Saudi stock market reforms by mid-2017Saudi Arabia will implement by the middle of 2017 planned reforms to stimulate the stock market and open it wider to foreign investment, the Capital Market Authority (CMA) said on Thursday. "The amended rules will be publishe More… |
 |
Boursa Kuwait starts managing KSEBoursa Kuwait has officially assumed responsibility for the management of the Kuwait Stock Exchange’s (KSE) operations, it announced today. The hand-over follows the implementation of a detailed operational plan and strategic road More… |
 |
Oil turns higher, pushes world stock markets upGlobal equity markets got a boost from an upturn in crude oil as the market focused on an upcoming meeting of major oil producers that investors hope could stabilise volatile petroleum markets. US stock indexes More… |
 |
Al Noor, Mediclinic shares start trading on LSEAl Noor Hospitals Group and Mediclinic International has begun trading shares on the London Stock Exchange. The newly enlarged Mediclinic Internatinoal now boasts 73 hospitals and 43 clinics in Southern Africa, More… |
