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$40bn bonds in 2007

Gulf Arab governments and companies could sell up to $40bn of bonds in 2007, 60% more than this... Read full article »
Wednesday, December 20 - 2006 at 07:45

Saudi stocks drop 4.33%

Saudi shares plunged 4.33% on Tuesday, as news of the kingdom's largest-ever budget failed to... Read full article »
Saudi Arabia: Wednesday, December 20 - 2006 at 07:43

Investcorp buys US logistics major

Bahrain-based Investcorp has acquired the US' Greatwide, a major transportation and logistics... Read full article »
Bahrain: Tuesday, December 19 - 2006 at 17:03

Bayan lists on DFM

Kuwait's Bayan Investment Company listed its shares on the Dubai Financial Market on Tuesday.... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 14:26

DFM to list in January

The Dubai Financial Market will list its shares in the second half of January 2007, and expects... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 07:47

Saudi $70.66bn surplus

Saudi Arabia expects to record a 24% increase in its budget surplus to $70.66bn in 2006, with... Read full article »
Saudi Arabia: Tuesday, December 19 - 2006 at 07:25

IMF against GCC dollar revaluation

The International Monetary Fund is telling GCC countries they should invest their record oil... Read full article »
Tuesday, December 19 - 2006 at 06:50

$2bn Macquarie REIT on DIFX

Australia's Macquarie Bank plans to start a $2bn UAE real estate investment trust with Abu Dhabi... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 06:31

QFC, draft fund rules

The Qatar Financial Centre Regulatory Authority has released its consultation paper and... Read full article »
Qatar: Monday, December 18 - 2006 at 16:12

DCCI, Saudi talks

The Dubai Chamber of Commerce and Industry has held talks with a trade delegation from Saudi... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 15:50

DGCX, Gold Souk ticker

The Dubai Gold and Commodities Exchange has unveiled a rate ticker in the Deira Gold Souk. The... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 14:16

Tourism, 22% of UAE's GDP

Sheikha Lubna Al Qasimi, the UAE Minister of Economy, has revealed that tourism contributes... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 09:30

Guardian RAK, $100m loan

The Guardian Zoujaj International Float Glass Company, or Guardian RAK, has signed a joint... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 08:49

UAE, monetary union doubts

The Governor of the UAE's Central Bank Sultan Nasser Al Suwaidi has said full implementation of... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 08:14

Jafza top for Dubai trade

The Jebel Ali Free Zone has accounted for 68.8% of non-oil foreign trade through Dubai's free... Read full article »
United Arab Emirates: Sunday, December 17 - 2006 at 16:34
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