MIDEAST STOCKS-Emaar lifts Dubai as malls unit IPO pricing nears
Emaar Properties, Dubai's largest listed developer, helped lift the emirate's market in early trade on Tuesday on hopes that it will float its malls unit at the upper and of the announced price range due to strong demand.
MIDEAST STOCKS-Emaar Malls IPO may temporarily siphon more money from Dubai
Dubai's bourse may remain soft on Wednesday as retail investors temporarily take money from the market in order to participate in the initial public offer of Emaar Malls Group (EMG), while Saudi Arabia and Egypt look more positive.
MENA markets rebound in August 2014
Kuwait Financial Centre "Markaz" recently released its Monthly Market Research report. In this report, Markaz examines and analyzes the performance of equity markets in the MENA region as well as the global equity markets.