The Nasdaq Dubai stock exchange is in line for its first public share sale since 2008, after the little-known RegisCard, based in London, yesterday announced its intention to list. Read Article First IPO planned on Nasdaq Dubai since 2008
Qatari conglomerate and an Egyptian investment bank plan to force remaining minority shareholders of Damas International to sell their stock as theentities buying the troubled UAE jeweller prepare to delist it. Read Article Forced stock sale at Damas
Mannai Corp has taken control of Damas, the troubled Dubai jeweller, after more than three-quarters of shareholders agreed to its US$445 million (Dh1.63 billion) takeover bid. Read Article $445m takeover agreed for Dubai's Damas
Damas International yesterday received a US$455 million cash bid from a pair of investors, creating the prospect of ending the jeweller's turbulent listing on Nasdaq Dubai. Read Article $445m bid for Damas by Mannai and EFG-Hermes
An increasingly lucrative gold market is putting the shine back on the prospects of Damas International with a proposed deal with Mannai Corporation and EFG-Hermes on the table. Read Article Rush to buy gold helps Damas bury its problems
Controls required to help guard against a repeat of the boom and bust cycle in the Dubai property market, Masood Ahmed, the director of the IMF’s Middle East and Central Asia Department, said. IMF official urges caution amid resurgence in Dubai property
Children are among the dozens reported dead so far in Moore, the Oklahoma City suburb ravaged by Monday's tornado that packed winds of up to 320 kilometres per hour. Tornado tears apart Oklahoma community
