Business Blog

SMG is 51% owned by a fund managed by Dubai-based private equity firm Abraaj

Shares in Abu Dhabi Islamic Bank ADIB.AD rise 4.0 pct to 4.21 dirhams, highest since April 2016; market's most heavily traded stock by large margin ** Foreigners allowed to own up to 25 pct of shares in the bank from today; previously, only UAE citizens...

(Resends to wider subscribers, no changes to text) ** Al Khaleej Takaful Insurance's KINS.QA shares drop nearly 6 pct to hit their lowest in roughly 15 yrs after reporting lower earnings. ** Co posts nine-month net profit of 9.1 mln riyals, down...

** Al Khaleej Takaful Insurance's KINS.QA shares drop nearly 6 pct to hit their lowest in roughly 15 yrs after reporting lower earnings. ** Co posts nine-month net profit of 9.1 mln riyals, down 45.2 pct year-on-year. urn:newsml:reuters.com:*:nFWN1X805R...

Here are some factors that may affect Middle East stock markets on Tuesday

The Indian government took control of IL&FS this month after the infrastructure financing and construction company defaulted on some of its debt obligations