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Merrill Lynch sees Dubai Group debt decision as credit positive
Bank of America Merrill Lynch has said the announcement that the Dubai government would not... Read full article »
PPP initiatives could save Qatar up to $30bn
According to a report by the Qatar Financial Centre Authority (QFCA), Qatar could save up to $... Read full article »
Qatar posts 25.6% Q2 surplus
According to preliminary estimates published by the Qatari central bank, the Gulf country's state... Read full article »
S&P affirms Lebanon 'B' ratings, divisive political environment cited
Standard & Poor's has said it has affirmed its 'B' long-term and 'B' short-term foreign- and... Read full article »
Saudi Cement Company rides high on construction boom in the Kingdom
The Saudi Stock Exchange advanced 0.80% to reach a 22-month high at 6,797.09, as bellwether Sabic... Read full article »
Etisalat shares retreat, weigh on Abu Dhabi market
The Abu Dhabi Securities Exchange (ADX) General Index declined 0.15% to 2,464.88 points. Sorouh... Read full article »
NASDAQ Dubai: DP World soars to three-month high, Depa Limited hits $0.40
The FTSE NASDAQ Dubai UAE 20 Index closed at 1532.48 up 1.38%, from the previous close. DP World... Read full article »
Lacklustre Qatari bourse ends unchanged
The QE 20 Index closed at 8,690 points Wednesday, while market breadth ended down as 14 shares... Read full article »
Dubai bourse defies downturn as Emaar edges higher
After a sluggish start, which pushed the Dubai gauge more than one per cent down, the DFM General... Read full article »
Jordan economy to grow 3-4% this year, says World Bank
The World Bank has said Jordan's economy may grow between 3% and 4% in 2012, Bloomberg has... Read full article »
European Union mulls sanctions on Syria central bank
European Union member countries are considering a new round of sanctions against Syria, which... Read full article »
Dubai Group offers to pay creditors $6bn over 5-10 years
Dubai Group, controlled by Dubai Holding, has offered to pay creditors over five to 10 years as... Read full article »
Too early to offer IMF contribution, says Saudi finance minister
Saudi finance minister, Ibrahim Alassaf has said it was too early for the kingdom to offer a... Read full article »
Kingdom Holding Company soars as Prince Al-Waleed announces expansion of Kingdom Center
As the Saudi Arabian Tadawul bourse loses steam after a surge for many weeks, the market gauge... Read full article »
Bahrain Bourse falls for the fifth consecutive day
The Bahrain All Share Index ended off 0.12% to close at 1,134.46 points. The gauge has not added... Read full article »
