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UAE stocks recover a little

The UAE stock market recovered by 1% yesterday but is still more than 13% off its recent peak.... Read full article »
United Arab Emirates: Thursday, December 01 - 2005 at 08:02

UAE public holiday confusion

The private sector has been left without official guidance about the UAE National Day holiday... Read full article »
United Arab Emirates: Thursday, December 01 - 2005 at 07:33

Dana Gas to list

Dana Gas says it will list its shares on the Abu Dhabi Securities Market on 6 December. The... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 17:10

DIB $500m Enoc finance

Dubai Islamic Bank has been mandated to arrange a $500m Islamic facility by Enoc to finance an... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 16:54

Credit Suisse, brokerage firm

Credit Suisse and its Saudi partners are setting up a brokerage business in Riyadh called Saudi... Read full article »
Saudi Arabia: Wednesday, November 30 - 2005 at 13:53

Saudi women win chamber spots

Two Saudi women have been elected to the Jeddah Chamber of Commerce and Industry board. The polls... Read full article »
Saudi Arabia: Wednesday, November 30 - 2005 at 12:33

IIB, 50% stake in $80m project

Bahrain-based International Investment Bank is taking a 50% equity stake in an $80m office tower... Read full article »
Bahrain: Wednesday, November 30 - 2005 at 12:28

BDB five-times capital increase

The Bahrain government is increasing the Bahrain Development Bank's capital by five-times to $... Read full article »
Bahrain: Wednesday, November 30 - 2005 at 09:28

PCFC, $2.8bn sukuk

Dubai's Ports Customs and Free Zone is planning to raise $2.8bn through an Islamic bond issue to... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:41

Saudi's foreign assets grow

Saudi's central bank held foreign assets worth $132.3bn at the end of October 2005, representing... Read full article »
Saudi Arabia: Wednesday, November 30 - 2005 at 07:37

Saudi ups gold production

Saudi mining firm Maaden plans to double gold output to 700,000 ounces a year by 2009, but it... Read full article »
Saudi Arabia: Wednesday, November 30 - 2005 at 07:36

UAE shares drop further

The Dubai Financial Market index lost 3.45% yesterday to close at 1,087.87 points in moderate... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:33

GCC, 3% inflation differential

The GCC monetary union will allow a maximum inflation rate differential of 3% between member... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:31

$136.8m freight rail contract

Saudi Arabia has a awarded a contract worth $136.8m to a consortium led by the US-based Louis... Read full article »
Saudi Arabia: Wednesday, November 30 - 2005 at 07:26

Dubai buys P&O for $5.7bn

Dubai is to buy Peninsular & Oriental Steam Navigation Company, the UK's largest port operator,... Read full article »
United Arab Emirates: Tuesday, November 29 - 2005 at 17:26
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