stock markets

The UAE’s stock market capitalization has surged by 21.3 billion dirhams ($5.79 billion) this year, thanks to three new initial public offerings launched since the beginning of 2024, according to a new analysis. Alef Education Holding,…
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Ten investors have been convicted of violating the Kingdom’s Capital Market Law and ordered to pay the government a total of $27.1 million in fines and compensation for losses, the Saudi Press Agency reported on Thursday. The Appeal…
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Saudi Arabia led the Gulf Cooperation Council initial public offering market with an annual 594 percent surge in the first quarter of 2024, according to Kuwait Financial Centre. A report issued by the organization, commonly known as…
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Saudi Arabia’s economic growth and efforts have enhanced indirect investment opportunities in the Kingdom’s stock market, said a top official of the Egyptian financial services company, EFG Hermes. Ahmad Shams El Din, head of research…
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The Dubai Financial Market witnessed a 12.5 percent surge in the number of investor accounts in 2023 as compared to the previous year, the Emirates News Agency, also known as WAM, reported on Tuesday. The report, citing official data,…
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Foreign and regional institutional investors have led a significant surge in net stock purchases, amounting to 7 billion dirhams ($1.91 billion) year-to-date in the Abu Dhabi and Dubai markets. Demonstrating sustained interest in locally…
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