The repurchased shares will be held as treasury shares and will be used to cover future stock dividends. Between October 2, 2017 and December 15, 2017 a total of 51,864,626 common shares were repurchased, at an average price of EUR …
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE:CX) announced that it has sold 31,483,332 shares of common stock (the "Shares") of Grupo Cementos de Chihuahua, S.A.B. de C.V. ("GCC"), which …
Gulf Cooperation Council (GCC) stock markets achieved gains during the past week due to oil price settlement above $50. Dubai Financial Market (DFM) achieved a high growth rate of 3.31% and closed at 3,371 points, reaching weekly …
Cristal is owned 79 percent by Tasnee (a listed Saudi joint-stock company) and 20 percent by Gulf Investment Corporation (GIC), a company equally owned by the six states of the Gulf Cooperation Council (GCC), headquartered in Kuwait. …
DUBAI, June 5 (Reuters) - Qatar's stock market plunged on Monday after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with Doha, accusing it of supporting terrorism. The Qatari stock index sank 7.6 percent in the …
JEDDAH/DUBAI — Stock markets in the Middle East rose on Wednesday, bolstered by banking shares ahead of testimony from Federal Reserve Chair Janet Yellen that could offer clues on when the central bank will tighten US …
The capital market regulators of GCC nations have discussed a proposal to create a central regulatory body to regulate stock markets in the region. This was taken up at the 14th meeting of the committee of the presidents of GCC
Nowhere is this more apparent, however, than across the economies of the Gulf Cooperation Council (GCC), where a huge pivot towards the non-oil sector is crucial in securing future prosperity. The World Finance GCC Investment and
The Egyptian Stock Exchange was closed for several months while in the Gulf Cooperation Council (GCC) countries, all markets ended the first half in the red (even if the Abu Dhabi index and the Saudi Tadawul All Shares resisted well, …
Media reports said some $30 billion were wiped off the Australian stock market owing the result of Greece’s referendum. Even Japan’s Nikkei was down 455 points. In the GCC, however, stock markets were not affected much. Dubai and …