Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (March 15 - March 19) reached Dhs803.3m comprising 36.8% of the total value of stocks traded during the period.
The value of stocks sold by foreign investors during the same period reached Dhs888m comprising 40.7% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs84.8m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs499.1m comprising 22.9% of the total value of stocks traded during the period.
The value of stocks sold by institutional investors during the period reached Dhs413.8m which constitutes 19% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs85.3m during the period.
Omantel partners with Inmarsat
Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, announced its partnership with Inmarsat which owns and operate three global constellations of 12 satel
Riyad Bank launches Riyad Mobile Business
In another first, Riyad Bank has launched a smartphone application for its corporate clients which will make banking with Riyad Bank even easier for businesses across the Kingdom.