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Al Salam Bank's REIT fund nets record 25.7pc returns in 2019Al Salam Bank-Bahrain, a pioneering shari’a-compliant bank in the kingdom, has announced that its ASB Global REIT (real estate investment trust) Fund achieved a record 25.75 per cent total return for the year ended December 31, 2019. More… |
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Al Salam Bank's REIT fund nets record 25.7pc returns in 2019Al Salam Bank-Bahrain, a pioneering shari’a-compliant bank in the kingdom, has announced that its ASB Global REIT (real estate investment trust) Fund achieved a record 25.75 per cent total return for the year ended December 31, 2019. More… |
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Incentives likely to boost Saudi IPOs: TadawulA package of incentives offered to Saudi companies to list on the Saudi Stock Exchange (Tadawul) is likely to increase the number of initial public offerings (IPOs) next year, the CEO of Tadawul was quoted as saying in a media report. More… |
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Saudi bourse announces closing price mechanism changesSaudi Stock Exchange (Tadawul) has announced major changes in the methodology for determining the opening and closing prices on both the Main Market and Nomu - Parallel Market - effective from May 27 onwards. Tadawul is the sole e More… |
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UAE's bourses closing in green for sixth sessionThe UAE stock markets continued their bullish trend though the buying spree over the past few days was selective, only targeting the property sector and some of Takaful insurance companies, which secured decent gains, said a report. More… |
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DGCX currency volumes surge in AugustThe Dubai Gold and Commodities Exchange (DGCX) witnessed an uptick in trading volumes in key products, driven by increased investor interest in the Exchange’s offerings in Euro Futures, INR Options and Indian Single Stock Futures. More… |
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Saudi Tadawul issues new rules for loss-making firmsSaudi Stock Exchange (Tadawul) will implement new procedures and laid out instructions related to listed companies with accumulated losses reaching 20 per cent or more of its share capital as of April 22, said a report, citing the kingdom' More… |
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Tadawul implements far-reaching reformsSaudi Stock Exchange (Tadawul) has implemented a number of significant changes to enhance efficiency, corporate governance, and transparency. The reforms are part of the exchange's efforts to further align Saudi capital market More… |
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Boursa Kuwait launches Special Trades transactionsBoursa Kuwait, a private entity which is managing the Kuwait Stock Exchange's (KSE) operations, has announced the launch of ‘Special Trades’ transactions, after receiving final approval from the Capital Markets Authority (CMA). More… |
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Kuwait bourse to introduce stock swing limitKuwait's stock exchange will introduce a limit of 20 per cent for the maximum daily rise or fall of individual stocks by November, Khaled Abdulrazzaq al-Khaled, chief executive of Boursa Kuwait, which operates the exchange, said on Tuesday. More… |
