Middle East
Middle East | 23 Jan 12
saudi bourse to permit foreign listings
Saudi Arabia said it will permit foreign companies to list on its stock exchange for the first time, in what is seen as a first step toward opening up its famously-closed investment market to outsiders.
Middle East | 6 Jan 12
shariah specialist eiib takes rasmala stake
Shariah investment banking specialist EIIB today formally announced its investment in Rasmala Holdings, a financial services company operating in the Gulf Cooperation Council countries and Egypt.
Middle East | 4 Jan 12
esca tipped to be wholesale regulator for uae
The Emirates Securities & Commodities Authority (ESCA) is likely to become the wholesale regulator in the UAE, regulating life companies to IFAs, according to HSBCs Daniel Rudd.
Middle East | 2 Jan 12
leumi ceo galia maor to leave
Galia Maor, who has headed Tel Aviv-based Leumi Group for the past 16 years, announced on Sunday that she will leave her post in the second quarter of the year.
Middle East | 15 Dec 11
qatar and uae remain frontier markets msci
Index provider MSCI has decided not to upgrade Qatar and the United Arab Emirates from frontier to emerging market status, following an extended review period.