Waha Capital’s net profit in the three months to end-March rose to Dhs152 million($41.4 million).
Kingdom City in Jeddah will also include mixed-use residential and commercial developments, the chief executive said.
Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.
The company made a profit of OMR8.23 million ($21.4 million) in the three months to March 31.
The move is expected to make closing prices more predictable and eliminate large last-minute swings, the bourse said.
The Financial Times said this was an acceleration of the SFO’s probe into allegedly corrupt arrangements with Qatar as part of the bank’s emergency cash call in 2008.
The bank made a profit of Dhs512.1 million ($139.4 million) in the quarter, up from Dhs494.9 million a year earlier.
The developer’s profit rose to Dhs453.4 million ($123.4 million) in the first quarter from Dhs154.3 million in the same period of 2013.
Burgan made a net profit of KD17.1 million ($60.8 million) in the three months to the end of March.
The two firms’ owners aim to raise a combined $163 million through the sale of 35 per cent of each company.
Housing allowance currently stands at around 25 per cent of basic pay across most GCC countries.
The company’s gross profit rose almost 18 per cent to reach Dhs237.1 million in first quarter of 2014.
The launch of the two funds will follow MSCI’s upgrade of Qatar to emerging market status later this month.
Shuaa made a profit of Dhs8.2 million ($2.23 million) in the three months to March 31, according to a bourse statement.
Ahmed al-Musalmi, who has served as deputy chief executive officer for the bank since 2011, succeeds Salaam al-Shaksy.
The fund had revenue of Dhs91.2 billion ($24.8 billion) for the six months ending June 30, 2013, compared with Dhs77.3 billion in the same period in 2012.
The plan is to use bond market financing to take out a bridge loan signed in connection with the acquisition.
The new FOL would be 40 per cent and aims to improve the liquidity available to foreign investors.
Agility made a profit of 11.24 million dinars ($40.04 million) in the first three months of 2014.
SEBI was examining whether the share sale agreement between the two airlines amounted to an acquisition of joint control in the Indian airline.
Emirates made a profit of Dhs3.3 billion for the fiscal year ending March 31, it said in a statement.
Kuwait’s regulator noticed GFH stock traded in high volumes in May 2013, the Islamic investment firm said in a statement.
The IPO will be divided into two sections and conducted as a book-build offering, the statement said.
The full functioning of the Gulf Customs Union has been partly delayed by disagreements over a formula on how to divide customs revenues between the states.
The firm said it would pay 10 per cent of claims as an upfront payment and would target a total recovery for creditors of between 40 and 60 per cent of their due cash.
Further privatisations of state-owned companies in Oman were also unlikely to take place in 2014, its financial minister said.
KIPCO’s first-quarter revenue rose 19 per cent to 137 million dinars.
The Kingdom’s stock market saw five initial public offers of shares in 2013 worth around $506 million.
Saudi Arabian conglomerate Ahmad Hamad Algosaibi & Brothers’ failure in 2009 left debts estimated at more than $7 billion.
Oil prices are set to drop to $106 per barrel in 2014 and $101 next year from around $108 now.