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KUWAIT BOURSE
TPG Global to offload entire 7.6% stake in Campus Activewear via block deal Friday: ReportThe asset management firm aims to sell 2,32,07,692 shares of the company. The floor price for stake sale has been fixed at Rs 345 a share.- Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
- NSE-BSE bulk deals: HSBC Asian Equity Fund buys stake in Rolex RingsIn another transaction, Bank of Bahrain and Kuwait sold 350,000 shares of CMI Ltd at Rs. 65.97 apiece through a bulk deal on the NSE.
- Kuwait bourse gains in early trade, other Gulf markets firmIn Kuwait, the index added 0.6%, on track to extend gains for a third straight session, with Kuwait Finance House rising 0.8% and telecoms ...
- NSE-BSE bulk deals: Goldman Sachs, Kuwait Invt Authority lap up Route MobileShares of Route Mobile more than doubled on its debut and rose as much as Rs 735, up 110 per cent from its issue price of Rs 350. It pared ...
- $320 billion shaved off Saudi Aramco's market-cap in two daysSaudi Aramco's capitalisation stands at $1.44 trillion, way below the $2 trillion sought by the kingdom.
- Gaja Capital, GPE India sell TeamLease shares worth Rs 148 croreThe shares were sold at an average price of about Rs 2,645, valuing the transactions at Rs 148.47 crore.
- SBI Life to open Bahrain branch by DecemberSBI Life is a joint venture between the State Bank of India and the French financial services heavyweight BNP Paribas Cardiff.
- BSE IPO opens, 3% shares lapped up within first hourListing of BSE arms could also be value accretive for investors. CDSL, a subsidiary of the exchange, has already filed papers with market r...
- BSE raises Rs 373 crore from anchor investorsThe issue is entirely an offer for sale of a total of 1.54 cr shares (including anchor portion) by existing investors s including Singapore...
- Gulf-based GFH Financial Group signs pact with Adani for Mumbai economic zoneBahrain-based GFH has signed an agreement with Indian conglomerate Adani Group for developing an economic development zone in Mumbai.
- Markets' rebound likely to slow as oil outlook still cloudyEgypt's stock market, which also began rebounding on Thursday, may get a further boost from news that Fitch upgraded Egypt's debt to B, cit...
- Arab investors keen on pie in Indian market post liberal rulesIndia's decision to allow foreign individuals or groups to invest directly into the country's stock market has attracted serious investment...
- Bharti Airtel share shoots up on Zain dealBharti Airtel will become the world's fifth largest wireless company with operations in Africa. Top 5 picks | Mid-term picks | Gainers, los...
- Bharti Airtel in exclusive talks with Zain for Africa assetsBharti & Zain have agreed to enter into exclusive discussions until March 25, for acquisition of Zain's African unit. Full Coverage: Bharti...
- Bharti falls for Africa again, woos Zain with $10.7 bnBharti has again attempted at overseas acquisition by offering to buy African assets of Kuwaiti telecom firm. Nokia's $700 mn deal with Bha...
- World lacks understanding of debt crisis: DubaiUAE looked to allay concern over Dubai World's $60 bn debt-load, stressing strength of Dubai and it's economies as markets tumbled. Full Co...
- Kuwait moves to prop up major bank after lossesKuwait's Central Bank stepped in Sunday to prop up one of the country's biggest banks and said it was considering guaranteeing deposits in ...
- Kimaya ties up with Max Mara for India launchAs the fad for designer labels catches up in the country, leading fashion house Kimaya Stores is planning a retail expansion with about 40 ...
- Agility says part of group in $50 bn dealKuwaiti logistics provider Agility said on Saturday it was part of a group with U.S. firm Dyncorp International which won a $50 billion dea...
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