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Saudi Arabia's stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to a rebound of global oil prices, to which petrochemical profit margins are linked.
International Finance Corp (IFC), a unit of the World Bank, plans to meet fixed income investors starting on Monday ahead of a potential issue of U.S. dollar-denominated sukuk, a document from lead arrangers showed.
Regional equity markets were already reeling on account of weaker oil prices. Brent and US crude oil futures dropped significantly in the middle of the previous week and then tested fresh 6-1/2-year lows.
Former Iranian presidential candidates have been under house arrest since 2011.
Saudi budget faces plunging oil prices, declining reserves and an increase in military spending.
The programme aims to revitalize the economy by targeting poverty, unemployment, fiscal deficit and boosting GDP growth.
In a region in perpetual turmoil, capital markets have been hit hard. But there are some bright spots.
Opportunities in Iran's economy for Gulf investors are huge.But will good business sense prevail over geopolitics?
Does Brand Qatar need saving with the battering the country has been receiving in the Western media?
New listing activity picked up during the latter part of the first half as confidence returned to markets.
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Latest spreadings of companies financials.
|Posted On||Company||Financial Date|
|27 Aug 2015||Gulf General Investments Co. (P.S.C)||New: 30 Jun 2015|
|26 Aug 2015||Emirates Investment Bank (P.J.S.C)||New: 30 Jun 2015|
|26 Aug 2015||SHUAA Capital PSC||New: 30 Jun 2015|
|26 Aug 2015||Dubai Insurance Company (P.S.C.)||New: 30 Jun 2015|
|26 Aug 2015||Oman Insurance Company P.S.C.||Updated: 30 Jun 2014|
The entries are in and now it’s time to meet the finalists. The Ethical Finance Innovation & Challenge Award...26-08-2015
Trade is important. Just look at the attention paid to the depreciation of global currencies. The falling...25-08-2015
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|Exchange Name:||Dubai Financial Market|
|Address:||World Trade Center, Dubai
P.O. Box 9700 Dubai, United Arab Emirates
|Telephone:||00 971 43055555|
|Fax:||00 971 43055566|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
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