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Emirates Securities Market down by -0.73 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.73% to close at 4418.03 points. Accordingly the Market Capitalization has lost AED 5.29 billion attaining AED 716.66 billion. A total of 313 Million Shares were traded with a total value of AED 356.37 million during the trading session of 26-04-2016 through 4475 transactions. The number of companies which ...

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Woes descend on Japanese IPOs as stocks tank at start of trading

BLOOMBERG As starts go for Japan’s initial public offering market, this year’s has been pretty bad. When Willplus Holdings Co., a car dealer, opened below its offer price on its debut last week, it became the sixth of 21 IPOs to do so this year. In the rush of initial share sales in 2015 that saw 98 companies go public, ...

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Gulf Contracting chosen for Saadiyat landscape

Abu Dhabi / Emirates Business Saadiyat Development and Investment Company (SDIC) awards the landscaping contract of Hidd Al Saadiyat to Gulf Contracting Company (GCC). Hardscaping of the neighborhoods, kicking off in 2016, will include pavement of driveways, pathways and road signage, benches, light poles, and bollards. Furthermore, underground work activities including irrigation, electrical, manholes and concrete bases for signage will ...

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