The bank used to hold auctions four days a week but last Thursday reduced the frequency to three per week
Both local and international investors are positioning themselves to trade the largest Arab bourse
Egyptian investors had challenged the government in court over the tax, saying it was causing confusion and hampering investment
The Cairo index slid 1.9 percent to 8,331 points, its lowest level since Dec. 18, ignoring positive news such as first-quarter earnings
Stock markets across the Gulf region rose after Brent oil hits recent high
Excitement is growing internationally as Saudi prepares to open its $500 billion-plus bourse.
Turkish President Tayyip Erdogan dreams of transforming Istanbul into a financial hub that can rival Dubai or Singapore, but first he needs to win ...
World equity markets tested record highs on Friday on hopes of more stimulus from top central banks
Most major Gulf stock markets rose on Thursday as positive corporate news and earnings outweighed a pull-back of oil prices, while Egypt continued its ...
Dubai's stock index edged up 0.4 percent, mostly on the back of speculative small-cap shares
The financial services firm said it preferred UAE banks and consumer-related stocks
Brent oil is back around $55 per barrel after a loss of as much as 3 percent on Wednesday
The kingdom remains on track to open its $510 billion stock market to direct foreign investment in the first half of this year
Separate data showed U.S. consumer sentiment rose in January to its highest in 11 years
Equities in the U.S., Europe and Asia also advanced on Friday as U.S. consumer sentiment hit an 11-year high
Saudi Arabia’s index added 0.7 percent, partly because of a rebound in beaten-down petrochemicals
Dubai's index dropped 3.9 percent as most stocks declined
MSM's main index is down 20 percent from its November peak
Gulf stock markets dropped in early trade after oil resumed its slide on bearish comments about OPEC
Emaar Properties, the emirate's largest listed firm, tumbled 7.5 percent to 7.70 dirhams
The slide of Brent crude to $70 a barrel last week, from around $115 in June
Investors have turned tail and ran in fear as global growth prospects evaporate
Shares in energy firm Dana Gas gained 2.9 percent after it announced a deal with Egypt
Investors in Turkish markets are also looking ahead to a central bank meeting on Thursday
Saudi Arabia's National Commercial Bank IPO-NACO.SE will begin its much-anticipated initial share sale later this month
CEO Jack Ma stood at the New York Stock Exchange as eight Alibaba customers rang the opening bell
The anticipated IPO could raise more than $20 billion, making it the biggest technology listing in the U.S.
Saudi Arabia's main stock index pulled back because of profit-taking
The Saudi measure rose 0.5 percent to 10,716 points, its highest finish since January 2008
The CMA said it would publish draft regulations for the reform in August, before a 90-day public consultation period.
We use cookies to improve your experience on our site and to show you personalized advertising. To continue browsing, please click ‘OK, I Accept’.
For more information, please read our Privacy Policy
