European stock futures rose, indicating the region’s equities will advance, before a U.S. report that may show house building held near a four-year high last month. U.S. index futures and Asian shares also advanced.
Zurich Insurance Group AG may move after reporting second- quarter net income that exceeded analysts’ estimates. Telekom Austria AG (TKA) might move after cutting its profit and sales forecast for 2012. SBM Offshore NV may be active after posting first-half earnings that missed analyst projections.
Futures on the Euro Stoxx 50 Index (SX5E) expiring in September added 0.3 percent to 2,440 at 7:03 a.m. in London. Contracts on the U.K.’s FTSE 100 Index expiring the same month increased 0.3 percent. Standard & Poor’s 500 Index futures rose 0.3 percent and the MSCI Asia Pacific Index climbed 0.5 percent.
A Court Ruling In Favor Of Barwa
On April last year, Barwa Real Estate Group announced that a court ruling by Dubai International Arbitration Centre has been issued to obligate Barwa International Company and The Green City Compan
Doha Bank may sell bonds to raise capital
Qatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said.
The Gul
NASDAQ Dubai welcomes EIFB as a member
Emirates Islamic Financial Brokerage (EIFB), one of the UAE's leading Shari'a compliant brokers, has become a Member of NASDAQ Dubai, the region's international exchange.
EIFB will focus
Regulations, lack of liquidity ‘hitting GCC IPOs’
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