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Traders are seen working below the Egyptian Exchange bell at the stock exchange in Cairo. (Reuters)
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FILE PHOTO: An investor walks past a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia June 29, 2016. REUTERS/Faisal Al Nasser/File Photo
Foreign, Gulf Investors Boost Saudi Stock Exchange
Riyadh- Saudi stock markets witnessed a busy week as notable trade activity took place by foreign, regional and local investors. Tadawul, the Kingdom’s official and sole stock exchange market, revealed on Sunday last week’s dealings amounted to an approximate SR 212.2...Caption:
A view of the Burj Khalifa tower is seen in downtown Dubai, in this May 10, 2011 file photo (REUTERS/Jumana El-Heloueh/Files)
Europe’s biggest Islamic bank to list shares in Dubai
Dubai, Asharq Al-Awsat—Europe’s largest Islamic bank is in the process of becoming listed on Dubai’s NASDAQ bourse next month, and if successful will be the Gulf emirate’s first listing in over four years. The Bank of London and The Middle East...Caption:
Egyptian Naguib Sawiris, chairman of the Orascom Telecom Holding, looks on during the St. Gallen Symposium at the University of St. Gallen, Switzerland, 02 May 2013. EPA/GIAN EHRENZELLER
Egyptian magnate promises major investment
Cairo, Asharq Al-Awsat—Egyptian businessman Naguib Sawiris, whose family control the Orascom business empire, has said he and his brothers intend to inject investment into Egyptian economy “like never before,” following the ouster of Mohamed Mursi....Caption:
A screen displaying stock market index is seen at the Saudi stock market in Riyadh. (Reuters)