Latest Markets News

Last Updated: Wed, Jun 28 2017 | 6:50 AM |
Oil falls below $44 as report of supply build stuns market
Commodities»

Oil falls below $44 as report of supply build stuns market

Wednesday, 28 June 2017 10:50 AM

Market reacted to expanding production from US and Libya, which is expected to counter output cuts from the OPEC

New NOMU market boosts Gulf to five-year IPO high
Markets»

New NOMU market boosts Gulf to five-year IPO high

Tuesday, 27 June 2017 1:48 PM

Launch of Saudi Arabia's parallel market for smaller firms sees 10 IPO issued in Q1, the most since 2012

Dubai's Abraaj said to plan IPO of South African firm
Banking & Finance»

Dubai's Abraaj said to plan IPO of South African firm

Thursday, 22 June 2017 7:20 PM

Sources say initial public offering of Libstar may value the firm at as much as $1bn

Foreigners 'to inject billions' into Saudi on MSCI inclusion
Markets»

Foreigners 'to inject billions' into Saudi on MSCI inclusion

Thursday, 22 June 2017 10:40 AM

Kingdom could become ninth largest country on index if it wins EM status

Saudi gain is a loss for Qatar reeling from $13 billion slump
Markets»

Saudi gain is a loss for Qatar reeling from $13 billion slump

Thursday, 22 June 2017 9:27 AM

Qatar’s benchmark fell 1.8 percent to the lowest level since January 2016

Saudi stock market surges after new crown prince named
Markets»

Saudi stock market surges after new crown prince named

Wednesday, 21 June 2017 2:42 PM

Saudi Tadawul index, the largest in the Middle East, surges 4.12% in early afternoon trading

Saudi Arabia seen luring billions with MSCI indexes now in sight
Markets»

Saudi Arabia seen luring billions with MSCI indexes now in sight

Wednesday, 21 June 2017 9:27 AM

The kingdom, already boasting the Middle East’s largest equities market, was added to MSCI’s watch list for a potential upgrade in 2018

Dubai's Arabtec $409m rights issue fully subscribed
Construction»

Dubai's Arabtec $409m rights issue fully subscribed

Tuesday, 20 June 2017 11:07 AM

Company says it will use new funds to complete ongoing projects

Dubai's GEMS Education could fetch IPO valuation of $4bn
Education»

Dubai's GEMS Education could fetch IPO valuation of $4bn

Monday, 19 June 2017 7:22 PM

Sources say private-school operator has held meetings with investment banks in Dubai this month

MSCI to announce emerging markets watchlist on June 20
Markets»

MSCI to announce emerging markets watchlist on June 20

Thursday, 15 June 2017 2:23 PM

Saudi Arabia’s Tadawul is among stock markets aiming for inclusion on the list

Abu Dhabi's Senaat said to revive $1bn IPO plan
Industries»

Abu Dhabi's Senaat said to revive $1bn IPO plan

Thursday, 15 June 2017 11:41 AM

Senaat shelved plans for a share sale in 2014 and focussed on selling shares in its subsidiaries

Drake & Scull dominates busy day of trading on DFM
Construction»

Drake & Scull dominates busy day of trading on DFM

Wednesday, 14 June 2017 11:37 AM

Company confirms Tabari stake is purchased by Tabarak Investment

Emaar hires Goldman Sachs to manage IPO of real estate unit
Property»

Emaar hires Goldman Sachs to manage IPO of real estate unit

Sunday, 11 June 2017 9:09 AM

The malls unit IPO raised about $1.58 billion in 2014 and is the largest share sale in the UAE in the past nine years

Chinese banking giant lists $1.2bn bond on Nasdaq Dubai
Markets»

Chinese banking giant lists $1.2bn bond on Nasdaq Dubai

Wednesday, 7 June 2017 2:17 PM

Chairman of the China Construction Bank rings market opening bell to celebrate latest listing in Dubai

Qatar shares are most volatile globally amid escalating tension
Markets»

Qatar shares are most volatile globally amid escalating tension

Wednesday, 7 June 2017 12:37 PM

Qatar’s main index is heading for the world’s biggest weekly decline


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