Michael Fahy

'Strange things' are happening to all kinds of stocks, says Greenlight Capital president David Einhorn

The S&P500 index has gained 53.6% over the past 12 months

Carriers’ combined debt rose by $220bn last year to $651bn by year end, Iata says

Process to conclude next year and will create a lender with combined assets of $8.5bn

Lead manager Dalma Capital will run local offering expected to generate $200m of subscriptions

Italian club's shares jump 19 per cent and English club's shares trade 9 per cent higher

Abu Dhabi Investment Office will also hold workshops to advise consultants on putting together bids

Dedicated e-commerce free zone will feature 470,000 sq ft of a total 2.1m sq ft planned for the project in Umm Ramool

Central Bank of Egypt is allocating $6.38bn to make home ownership more affordable

Deal saves about 110 jobs of employees in Hong Kong, Malaysia, Philippines and Thailand subsidiaries

Shareholders say 'greater returns can be realised' through its current growth strategy

The suspension of tourism and municipality charges began in March last year

The financial free zone is consulting on procedures for inspections, investigations and handling complaints

The company will build two polypropylene units at a new project in Jubail Industrial City II

A core lending programme and financing guarantees will be offered to spur loan growth to industry