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.
Al Maha's initial public offering to open on Tuesday
Al Maha Ceramics will float its OMR7.9 million-initial public offering today.
Listing of Oman insurance firms will boost sector finances-Moody's
A recent royal decree requires insurers to be listed on the MSM and raised the minimum capital for insurers to OMR 10 million.