Latest Stock Market News provides you with the latest news about the different stock markets. Stay updated with the breaking news about the different companies listed in the international stock markets.


Bawan subsidiary inks SAR 269.8 million deal with Saudi Electricity

2018-10-10 05:44:07 GMT (
Bawan Company announced that a 85.5%-owned subsidiary signed an agreement worth SAR 269.776 million with Saudi Electricity Company to supply distribution stations. The agreement was signed with ...

Saudi Industrial Export EGM nods to SAR54 million capital top-up

2018-10-10 05:36:57 GMT (
  The extraordinary general meeting of Saudi Industrial Export Co. approved yesterday the capital increase via a rights issue worth SAR 54 million.   The capital increase is aimed to ...

NCB Capital advises Amlak, Nayifat on Tadawul listing

2018-10-10 03:21:24 GMT (
NCB Capital, the investment arm of National Commercial Bank, is providing financial advisory services to both Amlak Real Estate Finance and Nayifat Finance, for possible share listings on Saudi ...

Capital Intelligence reaffirms Emirates NBD rating, ‘Stable’ outlook

2018-10-10 02:44:26 GMT (
Capital Intelligence Ratings announced that it has reaffirmed the financial strength rating (FSR) of UAE's Emirates NBD Bank at 'A-'. The international credit rating agency said it assigned a ...

Amanat Holdings mulls bonds issue, investments in Egypt, India

2018-10-10 02:31:38 GMT (
DFM-listed Amanat Holdings is in a phase of growth and is currently considering the issuance of debt instruments at the right time, according to Managing Director Shamsheer Vayalil. He noted that ...

Upbeat forecasts for UAE corporate earnings in Q3, Q4

2018-10-10 02:30:02 GMT (
Forecasts for the financial results of UAE listed companies remain upbeat in the third and fourth quarters of this year, in light of the solid performance of the national economy, coupled with the ...

GFH to boost value of managed assets to $15bn

2018-10-09 14:35:54 GMT (
GFH Financial Group, which trades on Dubai, Kuwait and Bahrain stock makets, is planning to raise the value of assets under management to $15 billion from $6.5 billion. CEO Hisham Al Rayes said ...

NCB sees special trade worth SAR2.2m

2018-10-09 12:35:49 GMT (
Saudi Stock Exchange (Tadawul) announced that a special trade worth SAR 2.193 million was executed today on shares of National Commercial Bank (NCB). A total of 48,000 shares were exchanged in the ...

NFB converts AED 500m notes into ordinary shares

2018-10-09 12:22:02 GMT (
National Bank of Fujairah (NBF) announced that it converted tier-one bonds worth AED 500 million into 175.348 million ordinary shares, with a conversion rate of 2.85 per note. Thus, the ...

Telecom regulators lifts halt on Mobily services to new clients

2018-10-09 05:12:14 GMT (
Etihad Etisalat Co. (Mobily) announced, in a filing Tuesday to Tadawul, that the Governor of Communications and Information Technology Commission issued a decision yesterday to lift the suspension of ...

Tabuk Agricultural inks MoU with Arab Authority for Agricultural Investment

2018-10-09 05:07:58 GMT (
Tabuk Agricultural Development Co. (TADCO) announced it signed a non-binding Memorandum of Understanding yesterday with the Arab Authority for Agricultural Investment and Development (AAAID); an ...

Saudi unemployment rate likely down to 10.5% in 4 yrs - Minister

2018-10-09 02:35:41 GMT (
Unemployment rate in Saudi Arabia is expected to be reduced to 10.5% in four years, said Minister of Labor and Social Development Ahmed Al-Rajhi. In an interview with Rotana Khalijiah Satellite ...

3 new firms to float shares on UAE markets, says Al-Zaabi

2018-10-09 02:15:35 GMT (
Obaid Al-Zaabi, chief executive officer of the Securities and Commodities Authority (SCA) said that the market regulator received requests from three news companies to list their shares on the ...

Emirates NBD unit considers IPO

2018-10-08 14:10:18 GMT (
Emirates NBD announced on Monday that its 51%-owned subsidiary, Network International (NI) is studying possible options for offering shares for public subscription. No decision has been made so ...
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