ADCB to move ahead with AED 6.1 bn rights issue
The offer is still pending regulatory approvals
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The offer is still pending regulatory approvals
James Martin was tapped as chief growth officer, while Kevin O’Reily will become the new head of commodities
Some USD 127 bn is benchmarked to GCC equities through MSCI indices
YTD, ADX is up 6.3% and DFM is up 13.2%
Plus: Masdar completes acquisition of 50% stake in solar portfolio from Endesa
This move follows former CEO Paolo Casamassima’s exit from the firm to join Dubai-based Arqaam Capital
The GCC is increasingly being viewed less as an emerging market and more as a stable, developed market
Russell 2000 hits all-time high, but investors have pulled USD 5.4 bn from the largest small-cap ETF this year
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