Kuwait’s Global Investment House said on Tuesday it aimed to relist its shares on the Kuwaiti bourse, after its listing was cancelled last year because of accumulated debt. In an interview with Reuters, Global’s…
Saudi Arabia set out draft proposals on foreign-shareholder limits as one of the world’s most restricted stock markets prepares to open…
Brokerages in the United Arab Emirates, where the market regulator last month vowed it may create new rules to control so-called…
Kuwait Food Co (Americana) said on Monday that it had no knowledge of any talks with Saudi Arabia’s Savola Group on…
Shares of Abu Dhabi National Energy Co. (TAQA), which took an impairment of $858 million in North America last year, climbed…
Dubai Investments (DIC), whose profit jumped 240 percent in the second quarter after it sold assets, says it may be on…
Dubai shares gained the most in almost seven years in July, helping claw back some of the losses sustained in a…
Emerging-market stocks fell as the European Union and U.S. said they’re imposing tougher sanctions against Russia to punish President Vladimir Putin…
Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week…
Saudi Arabian food company Savola Group said on Tuesday its chief executive officer, Abdulraouf Mannaa, is to step down for personal…
Saudi Arabia’s market regulator has suspended trading in Etihad Atheeb after the landline operator failed to disclose sufficient details on a…
Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under…
Asian shares hit one-year high on Monday thanks to a strong session on Wall Street and a decisive win for billionaire…
Qatar’s Ooredoo has signed a $1 billion five-year revolving credit facility, the telecommunications operator said in a statement on Thursday. Ooredoo…
Saudi Telecom Co (STC), the Gulf’s largest telecommunications operator by market value, has established a 5 billion riyals ($1.33 billion) riyal…
Dubai’s Emaar Properties said on Thursday that its revenue from villa sales dropped by nearly 17 percent in the first quarter…
The BSE Sensex and Nifty surged to its second consecutive record high on Monday as blue-chips including ICICI Bank rallied on…
|By TAP Staff|Ahmad Hamad Algosaibi & Brothers today offered to make an upfront payment equal to approximately 10 percent of creditors’…
As Dubai freight-forwarding firm Able Logistics Group began preparing early this year to go public, it conducted a leveraged recapitalisation, taking…
Dubai shares jumped the most since January after first-quarter earnings boosted investor sentiment. Qatar’s gauge also advanced. The DFM General Index…
Dubai contractor Arabtec Holding plans to list a portion of its construction unit in an initial public offering (IPO) on the…
Emaar Properties is talking to regulators about the possibility of listing its shopping malls unit on Dubai Financial Market (DFM), the…
Dubai Financial Market, the Gulf Arab region’s only listed bourse, said on Wednesday that first-quarter net profit surged eightfold, outstripping analysts’…
Arabtec Holding Co, the United Arab Emirates’s biggest listed construction company, is in talks to buy a large European company and…
Abu Dhabi National Energy Co (TAQA) said on Thursday it had signed a 20.5 billion yen ($200.4 million) loan with Bank…
Investors in Dubai, Abu Dhabi and Qatar booked profits for a second day on Monday as global markets remained gloomy and…
The Sensex could pause for breath after a record-setting rally as quarterly earnings reports, inflation data and the continued five-week long…
The rupee falls to 60.27/28 from its Wednesday close of 60.14/15, as state-run banks are spotted buying dollars, which traders say…