The iShares MSCI South Africa Index Fund's (EZA Quote) second largest stock holding (behind Sasol Limited (SSL Quote)) is Africa's large mobile telecom operator MTN Group (listed on the Johannesburg exchange, with no ADR
).
Monday, the Financial Times reported that Bharti Airtel (listed on the Bombay exchange, with no ADR), India's mobile phone leader, made a multi-billion dollar bid for a 51% stake in MTN.
Thursday, Citigroup (C Quote) said it was moving its co-head of investment banking to Dubai, United Arab Emirates.
With all this recent activity in the Middle East and Africa, what do you need to know about investing in these two regions of the world? ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,489.11 | 1,110.44 | 2,179.57 | 32.79 |
Oil *
79.42
|
|
UP
144.27
|
UP
14.81
|
UP
34.97
|
UP
0.78
|
10 Yr
3.28%
SPDR Gold
117.58
|
|
+1.39%
|
+1.35%
|
+1.63%
|
+2.44%
|
Data delayed 20 minutes |


Connect with TheStreet