Beijing, China--Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results.Bao Fan, the group's billionaire chairman and executive director, went missing in February and was later revealed to be "cooperating" in an official investigation --...

Petrofact and Hitachi Energy secured a $14.1bn energy deal.

The stock rocketed to AED3.7 from an offer price of AED1.34.

The shares fell on the lender's rising cost of default cover.

The UAE-based exchange house said the number of ordinary shares has been increased from 37.50 million to 56.25 million. But the total size of the IPO— 750 million shares, equivalent to 10 percent of the Group’s issued share capital—remains unchanged.

It will make an initial public offering before listing.

ADNOC Gas said that ADNOC will now offer 3.83 billion shares, equivalent to approximately 5 percent of ADNOC's total issued share capital. Previously, the offering size was $2 billion or 3.07 billion shares. The final offer price is expected to be announced on March 3.

Sales jumped 73 percent to 132.2 billion euros.

"The new listings will take place between March and April. Another group of companies will be listed in the venture market, depending on the companies' submission of their requests and fulfillment of all procedures and requirements, and thus it has the right to move to the main market," he adds.

The stock exchange's net profit jumped 13% to $59m in 2022.

Dupixent drug has been a huge success for the firm.

Continuing with this week's losses to $45 billion after a US investment firm claimed it had committed "brazen" corporate fraud, shares in the business empire of Asia's richest man Gautam Adani fell down on Friday. He began the week as the world's third-richest man but now has dropped down the...

Inflation slows and China reopens to the world, give a boost to markets.

It will be Qatar's first firm to use book building for IPO.

DUBAI, UAE - A Dubai court Thursday authorized the extradition of a British national wanted over an alleged 1.7 billion euro tax fraud in Denmark, the suspect's defense team said, ahead of a further ruling by a higher court.Hedge fund trader Sanjay Shah was arrested in Dubai in June, but...

Saudi market's primary index fell for the eighth week in a row. Abu Dhabi index fell for four of five days. Dubai's main index fell three days out of five this week.

The limit will increase from 49% to 100%.

Profits for the Q1 came in at $1.3 billion.

Dubai, UAE---Luberef, a subsidiary of Saudi oil giant Aramco, expects to raise up to SAR 4.95 billion ($1.32 billion) from its Initial Public Offering (IPO), the company said. The company will sell nearly 30 percent of its share capital to individual and institutional investors, which translates into 50.045 million shares,...

ABU DHABI, UAE - Insurance shares distributed among beneficiaries is one of the most essential privileges in the Federal Law No. 7 of 1999 for pension and social security, said the General Pension and Social Security Authority (GPSSA) on Thursday. The authority stressed that shares are distributed to the daughter,...

The offering size was SAR 2.3 billion ($611 million), making it the second largest Accelerated Bookbuild Offering to ever take place in the Saudi market and the GCC region. It sold 12 million shares and its remaining stake is equivalent to 72 million shares or 60 percent of the Company's...

It will sell 10% of its stake, amounting to 12m shares.

Taleem set the price range at AED2.95 ($0.80) and AED3 per share, implying a market capitalization at time of listing of between AED2.962 billion and AED3 billion. It plans to sell up to 254.2 million shares, or about a 25.32 percent stake.

Dubai school operator plans to expand its network.

US automaker was bolstered by strong vehicle pricing.

The authorized capital of the company is US$78 million.

Firm is making 'pricing adjustments' as inflation soars.

American Airlines third quarter revenues rose to $13.5 billion.

The decline came amid reports of economic slowdown.

The company will list 880,000 ordinary shares via an IPO.

The Saudi developer will offer 20% of its shares on Nomu.

Large US banks reported a round of solid quarterly profits, but cautioned of rising recession risks as the economy absorbs higher inflation and a dramatic shift is central bank policy. JPMorgan Chase set aside US$808 million in case of bad loans, while Citigroup reserved for $370 million in potential losses...

The firm approved a $1 billion share buyback after Q2 result.

Its value is $2.8trn in the first nine months of the year.

The Arabian Plastic will offer 1m shares at $7.19 per share.

The subscription period for the IPO remains unchanged.

Dubai, UAE - A Dubai court on Monday rejected Denmark's extradition request for a Briton accused of robbing the Danish state of 1.7 billion euros ($1.72bn) through tax fraud, one of his lawyers told AFP. Hedge fund trader Sanjay Shah was arrested in June by Dubai police on Denmark's request....

Investment funds hold both local and foreign assets.

Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.

The developer's profit rose to $4.3m, after last year's loss.

It will proceed with an IPO of 20 percent of its capital on Nomu.

Though GCC markets witnessed an IPOs rush in the first half of 2022 due to the rising investment interest, the future is not comforting for the rest of the year, says an expert.

It issued 420,000,000 shares in order to raise capital of $307m.

Amid a high-stakes court battle with Twitter over a $44 billion buyout deal, Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday.

Its stock fell after it posted a drop in profit to $114m in H1.

The company is all set to resume 787 jet production.

Even as the interest in crypto remains more or less steady, and investors are still keen to buy in, it’s crucial that anyone looking to invest their hard-earned capital into crypto - particularly retail and first timers - exercise caution and look for a handful things before plunging into the...

The stock rose after it declared cash dividends of $80 million.

Profits were $476 million compared with just $19 million in the year-ago period.

The profit declined to $114m with its stock sliding too.