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Etisalat lifts curbs on foreigners' voting rightsUAE-based telecom group Etisalat has lifted restrictions imposed on voting rights of the company's foreign shareholders, in a bid to augment FDIs inflows into the company over the coming period, a media report said. In 2015, t More… |
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Nigeria introduces new biometric enrolment fees for travellersOnline Integrated Solutions, the official visa application authority and biometrics service provider for Nigeria, has introduced new charges for biometric enrolment, applicable to both foreigners entering the country and locals travelling abroad More… |
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Foreigners buy $680m shares on DFMForeign investors purchased shares worth Dh2.5 billion ($680 million) on the Dubai Financial Market (DFM) over the week, while the value of stocks they sold amounted to Dh2.4 billion ($653 million), said a report. The net foreign More… |
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Iran offers state assets to foreigners in investment driveIran offered to sell state assets to foreigners, said it would cut the government's role in the economy and pledged a tight monetary policy as it sought to attract billions of dollars of investment from abroad after over a decade of isolatio More… |
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Saudi falls as foreigners slow to enter newly opened marketSaudi Arabia's bourse fell on Monday as modest trading volumes indicated there were no big fund inflows from abroad on the first day that the market opened to direct foreign investment. After rising as much as 0.5 per cent in More… |
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Saudi stocks soar ahead of opening to foreignersSaudi Arabia's bourse rose on Sunday ahead of its opening to direct foreign investment, though it remained unclear if any foreign funds would be able to buy local shares when the new regulations take effect on Monday. The main More… |
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Saudi bourse all set to welcome foreign investorsAs Saudi Arabian authorities prepare to open the stock market to direct foreign investment this month, they're laying plans for a fresh set of reforms: measures to expand and energise the corporate debt market. Corporate bond More… |
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Foreigners can buy into Saudi IPOs on case-by-case basisForeigners will be allowed to buy directly into initial public offers (IPO) of shares in Saudi Arabian companies on a case-by-case basis, the chairman of the Saudi Capital Market Authority said on Tuesday. The CMA announced on Mon More… |
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Saudi sets ownership caps to foreignersForeign investors can own no more than 10 per cent of Saudi Arabia's stock market by value, the regulator said on Monday as it announced rules opening the $575 billion bourse to direct foreign investment next month. A single f More… |
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Saudi fund sector offers foreigners access to IPOsA regulatory drive to reduce the volatility around initial public offers of shares is bolstering the Saudi funds sector and also creating an opportunity for international investors to sidestep the kingdom's foreign ownership restrictions. More… |
