Stock Markets

Saudi Arabia, Stock Markets
Saudi Tadawul Group Sees 41% Drop in Q3 Profit to $22 Million as Trading Slows

Saudi Tadawul Group Sees 41% Drop in Q3 Profit to $22 Million as Trading Slows The Saudi Tadawul Group, the operator of…

Kuwait, Stock Markets
Kuwait’s Burgan Bank Issues $500 Million in Five-Year Bonds

Kuwait’s Burgan Bank Issues $500 Million in Five-Year Bonds Kuwait’s Burgan Bank has announced the pricing of $500 million in senior unsecured…

Investment, Saudi Arabia, Stock Markets
Saudi Arabia May Open Stock Market to All Foreign Investors

Saudi Arabia May Open Stock Market to All Foreign Investors Saudi Arabia is considering a major step to make its stock market…

Abu Dhabi, Investment, Stock Markets
Abu Dhabi Sells $3B Bond After Strong Investor Demand

Abu Dhabi Sells $3B Bond After Strong Investor Demand Abu Dhabi has successfully raised $3 billion through a new bond sale, which…

Saudi Arabia, Stock Markets
Saudi Stock Market Jumps as Regulator Plans to Ease Foreign Ownership Rules

Saudi Stock Market Jumps as Regulator Plans to Ease Foreign Ownership Rules Saudi Arabia’s stock market had its biggest rise in more…

Stock Markets, UAE
UAE’s ALEC Holdings Sets IPO Price Range to Raise Up to $381M, Opens for Subscriptions

UAE’s ALEC Holdings Sets IPO Price Range to Raise Up to $381M, Opens for Subscriptions Dubai-based construction and engineering company ALEC Holdings…

Dubai, Investment, Stock Markets
Dubai Investments to Sell 25% of Real Estate Unit in IPO

Dubai Investments to Sell 25% of Real Estate Unit in IPO Dubai Investments has announced that it plans to sell a 25%…

Dubai, Stock Markets
Dubai’s ALEC Holdings to Sell 20% Stake in $400M IPO

Dubai’s ALEC Holdings to Sell 20% Stake in $400M IPO ALEC Holdings, a Dubai-based engineering and construction company, said on Monday it…

Abu Dhabi, Stock Markets
Borouge Shareholders Approve $660M Dividend as Profit Reaches $474M

Borouge Shareholders Approve $660M Dividend as Profit Reaches $474M Abu Dhabi-based Borouge announced that its shareholders have approved an interim dividend of…