Dubai jumps after global markets rebound; Arabtec surges
Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.
UAE lender FGB sells 45% stake in brokerage
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was selling its 45% stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company.
Finance House’s board to meet on October 22
Abu-Dhabi listed Finance House said its board will meet on October 22 to approve the third quarter financial results.