DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Egypt tumbles on stamp duty worry, Q4 earnings support Saudi
DUBAI / Reuters Egypt’s blue-chip stock index tumbled on Thursday after Reuters reported that authorities were considering temporarily reintroducing a stamp duty on stock market transactions, while Saudi Arabia was supported by quarterly corporate earnings. The index dropped 3.7 percent, its largest single-day decline since June 2016. Local traders were heavy net sellers after a Finance Ministry source, speaking …
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