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Soaring valuations that have tracked the commodities boom ignored whether companies were likely to turn a profit or have enough proven resources, warns industry veteran (read more)
07/07/2008 06:09 PM
AngloGold Ashanti of South Africa progressed towards its aim of becoming an unhedged gold producer after raising $1.6bn through a rights issue (read more)
07/04/2008 03:15 PM
A number of foreign businesses, anxious to distance themselves from a violent regime, have pulled out this week – but others continue to argue that their presence is beneficial for an impoverished people (read more)
07/03/2008 06:36 AM
The UK mobile group is buying a 70% stake in Ghana Telecom for $900m, in the latest sign of its appetite for Africa's fast-growing telecommunications markets (read more)
(Arabic) Abdullah Al Othaim Markets and Halwani Brothers IPOs allocated one share per subscriber. (read more)
07/08/2008 03:43 AM
(Arabic) Nasser Al Tayyar, Al Tayyar Group Director expects to get approval for the IPO before Ramadan. (read more)
07/08/2008 03:35 AM
(Arabic) Naeem Investments has violated the Capital Market law and its regulations and deliberately gave the CMA materially false and misleading information during the period of granting the license. (read more)
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