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Majid Al Futtaim (MAF) and Banque Saudi Fransi both launched Islamic bonds, or sukuk, on Tuesday, as investor demand and favourable conditions drive issues from the Gulf region. ....
Most major Gulf stock markets opened higher on Monday, while Saudi Arabia's benchmark index extended its losses as lower oil prices and concerns over U.S. debt ceiling negotiations dampened investor sentiment. ....
StockNews.com began coverage on shares of Kennedy-Wilson (NYSE:KW – Get Rating) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the financial services provider’s stock. Separately, TheStreet downgraded Kennedy-Wilson from a b- rating to a c rating in a research note on Thursday, May 4th. Kennedy-Wilson Price Performance […] ....
Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, traders said, as Asian refiners held back spot purchases and China and India binged on cheap Russian oil. ....