Saudi real estate hit by 'limited stock, affordability issues' in Q1Saudi Arabia’s real estate market started the year with fragmented performance across cities and asset classes, with limited stock and affordability constraints marking the first quarter of 2023, according to property expert CBRE. More… |
Saudi FDI into Bahrain hits $9.8bn; finance gets lion's shareThe foreign direct investment (FDI) stock coming from Saudi investments stands at $9.8 billion, making up around 29% of the total inward FDI stock in Bahrain, which has reached $33.5 billion in 2021, said a senior official of Bahrain Eco More… |
ADX posts $1.7bn of additional stock in H1The Abu Dhabi Securities Exchange (ADX) said that three companies listed on ADX raised foreign ownership limits to 49% and one increased to 40%, adding AED6.3 billion ($1.7 billion) of stock in these companies accessible to foreign investors in More… |
Adib Securities launches trading on Saudi Stock ExchangeAdib Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank (Adib), is now providing access for clients holding GCC nationalities to trade on the Saudi Stock Exchange (Tadawul), the Middle East’s largest bourse. The new of More… |
Dow to convert $4bn preferred stock into equityDow Chemical Company has announced that it would convert all of the Series A preferred stock worth $4 billion held by Warren Buffett's Berkshire Hathaway and Kuwait's sovereign wealth fund, into common equity. Buffett boug More… |
Dow to convert $4bn preferred stock into equityDow Chemical Company has announced that it would convert all of the Series A preferred stock worth $4 billion held by Warren Buffett's Berkshire Hathaway and Kuwait's sovereign wealth fund, into common equity. Buffett boug More… |
Facebook stock ‘can climb 20pc on ad growth’Facebook stock has the potential to climb by more than 20 per cent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday. The social media giant, which traded at More… |
Saudi to open stock market wider to foreigners on Sept 4Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its bourse, the regulator said on Wednesday. W More… |
Gulf stake in Europe firms ‘4 times bigger than thought’Some Gulf-based government funds are likely to own four times as many European shares as companies' management believe, according to a study by Nasdaq Corporate Solutions. Sovereign wealth funds' combined shareholdings are More… |
Saudi stock market reforms by mid-2017Saudi Arabia will implement by the middle of 2017 planned reforms to stimulate the stock market and open it wider to foreign investment, the Capital Market Authority (CMA) said on Thursday. "The amended rules will be publishe More… |