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Saudi Arabia’s Capital Market Authority said it has approved Saudi Kuwaiti Finance House Company’s request to offer, register and list Al-Markaz REIT Fund units on the Saudi Stock Exchange (Tadawul) as Real Estate Investment Traded Fund.
“The CMA’s approval of Al-Markaz REIT Fund should not be considered as a recommendation to invest in it. The CMA’s approval of Al-Markaz REIT Fund merely means that the legal requirements as per the law and its implementing regulations have been met,” the CMA said in a statement.
The MSM30 index ended lower on Wednesday and closed at 4,485.06 points, down by 0.24 per cent. MSM Sharia Index closed at 622.01 points, down by 0.06 per cent. Bank Muscat was the most active in term
Times of Oman
Trade values dwindled on the UAE’s stock markets, with the main indices ending nearly flat on Wednesday amid a lack of catalysts to drive any strong trading activity.
The Dubai Financial Ma
Kuwait stocks slipped into red on Wednesday extending the losses to third straight session. The All Shares Index dropped 10.78 points in choppy session to 5118.62 points dragged by heavyweights even
The MSM30 index ended lower on Tuesday and closed at 4,495.69 points, down by 0.45 per cent. MSM Sharia Index closed at 622.37 points, down by 0.03 per cent. Bank Muscat was the most active in terms
Times of Oman
The UAE’s main stocks indices ended lower on Tuesday, albeit marginally, as sentiment remained sour amid concerns about emerging market stocks and currencies as well as trade tariffs.