Dual-listed Shares Witness Buying In Quiet Dubai Market
First Abu Dhabi Bank, which will go ex-dividend on Tuesday, may weigh on Abu Dhabi index Read more
Indias Telco, Aircel, Files For Bankruptcy Cover Over $7.7b Dues
Mobile carrier Aircel Ltd owes about Rs150 billion to secured financial creditors and the rest to operational unsecured ... Read more
UK Watchdog Fines Ex-Deutsche Bank Trader Over Libor
Guillaume Adolph has been fined £180,000 for ‘improperly influencing’ quotes used for the Libor interest rate bench... Read more
China Keeps Growth Target At 6.5%, Stays Focused On Financial Risks
Pledges to continue crackdown on risks in financial system Read more
Insurer AXA Agrees To Buy XL Group For Around $15b
Deal strengthens AXA’s property and casualty insurance business; AXA shares fall 5% Read more
Egyptian Exchange To Launch Derivatives Soon
The bourse is expecting 5-6 Initial Public offerings from the private sector this year Read more
UAE May See Public Listing Of Four Companies This Year
The companies mainly belong to aluminium, electricity, services and financials Read more
Egypt Commits 1,000 Sq Km In South Sinai To Saudi Mega-city
Part of $10b joint investment fund with Riyadh; Saudi to work with Egypt, Jordan to attract European cruises Read more
DGCX Plans To Introduce Sharia-compliant Gold Product
The first ever Sharia compliant spot gold contract to go live on March 29 Read more
Saudi Underperformance Pins Lacklustre Earnings Season And A New Zakat Regime
Fourth quarter earnings was a dry spell, with the aggregate net profit of the banks declined 7 per cent sequentially dri... Read more
UAE Flyers Offered Up To 25 Kilos Of Free Additional Baggage Allowance
In one of the offers, flyers need to pre-purchase 40 kilos of weight to get 25 kilos extra Read more
Saudi Data Points To Muted Growth In February
New orders grew at their slowest pace on record, while foreign demand contracted Read more
UAEs Non-oil Private Sector Growth Eases In February
PMI cools to lowest reading since September Read more
Saudi ACWA Power Picks JPMorgan, Citi, NCB Capital For IPO
An IPO is expected by the end of the year Read more
Oil Prices Climb Ahead Of Opec Meeting With US Shale Firms
Opec to meet with US shale firms in Houston Read more