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Saudi REITs market worth over $2bn in Q1Saudi Arabia's Real Estate Investment Trusts (REITs) market continues to expand and now surpasses a market capitalisation of $2 billion, said an expert. The number of listed REITs doubled in the last two quarters; with 12 REIT More… |
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BDO named authorised sponsor on Bahrain Investment MarketBahrain Bourse (BHB) has authorised the appointment of BDO Consulting as a specialised advisory firm (sponsor) operating within the Bahrain Investment Market (BIM), an equity market for growing business ventures in Bahrain and the wider Mena reg More… |
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Nasdaq Dubai joins hands with Tunisian bourseNasdaq Dubai, the international exchange serving the Middle East and North Africa (Mena) region said it has joined hands with Bourse de Tunis to explore collaboration possibilities, including initiatives regarding existing and future issuers and More… |
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Saudi bourse appoints first female chairSarah Al Suhaimi, the chief executive of NCB Capital, the investment banking unit of National Commercial Bank, has become the first woman to chair The Saudi Stock Exchange, the largest bourse in the region. Al More… |
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Saudi Arabia puts on hold $324m bourse tower projectSaudi Arabia has put on hold a 380 billion won ($324 million) financial centre project being developed by Samsung C&T Corporation at the King Abdullah Financial District (KAFD) for a seven-month period owing to financial difficulties amid oi More… |
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Saudi bourse appoints Al-Hussan as CEOThe board of Saudi Arabia's stock market has formally appointed Khalid Abdullah Al-Hussan as chief executive effective from March 21, according to a statement posted on the Capital Market Authority website. Al-Hussan had been More… |
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BHB adopts distribution license fees for data vendorsThe Bahrain Bourse has approved the data distribution fees for licensed data vendors, effective from April 3. Shaikh Khalifa bin Ebrahim Al-Khalifa, chief executive officer, said the resolution includes a list More… |
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Bahrain Bourse creates REITs marketBahrain Bourse has issued a resolution in respect of the creation of the real estate investment trusts (REITs) market and adding it to its markets. Yusuf Abdullah Humood, chairman, said that in this market, REI More… |
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New push to support smaller firms in BahrainOversight of Bahrain Bourse (BHB) has been moved to the Industry, Commerce and Tourism Ministry from the Central Bank of Bahrain with a view to making it easier and quicker for smaller companies to access public funding, Minister Zayed Al Zaya More… |
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Bourses join global market rout; Egypt tumbles 2.8pcStock markets in the Middle East fell on Tuesday, erasing the prior session's gains, as risk appetite diminished following a slump in global shares. Egypt's main index tumbled 2.8 per cent to 6,004 points, erasing the prio More… |
