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Nasdaq Dubai set to launch futures trading of 12 Saudi companies

DUBAI / WAM Nasdaq Dubai on Tuesday announced the names of 12 Saudi Arabian companies on which the exchange will launch equity futures in September. The 12 companies are some of the Middle East’s largest businesses, active in sectors from real estate and petrochemicals to banking and transport. Their combined market capitalisation is SR859 billion ($229 billion), representing 43 percent ...

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Opposition claims big lead in Zimbabwe presidential vote

Bloomberg Zimbabwe’s main opposition party said it was well ahead in the first election of the post- Robert Mugabe era and it’s ready to form the next government, as unofficial results began streaming in. With official tallies set to start being announced on Tuesday afternoon, the focus now shifts to whether the vote was credible and the results are accepted, ...

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DED receives 14,970 consumer complaints

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP) sector in the Department of Economic Development (DED) saw a 23 percent increase in consumer complaints during the first half of 2018, compared to the same period last year as more consu-mers came forward and raised their concerns with the authorities as well as the merchants. The CCCP, while continuing ...

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