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Abu Dhabi buys stake in Citigroup

The Abu Dhabi Investment Authority has acquired a 4.9% stake in Citigroup, America's largest... Read full article »
United Arab Emirates: Wednesday, November 28 - 2007 at 06:32

Dow up, FTSE lower

U.S. stocks rose on Tuesday after Abu Dhabi's $7.5bn purchase of a stake in Citigroup Inc spurred... Read full article »
Wednesday, November 28 - 2007 at 06:24

Kuwait, Monglia sign MoU to boost oil ties

Kuwait and Mongolia signed a memo of understanding (MoU) on how to further bilateral cooperation... Read full article »
Kuwait: Tuesday, November 27 - 2007 at 14:05

Oman budget deficit expected

Oman sees a shortfall of $1.04 billion in its next year's state budget if its crude oil fetched $... Read full article »
Oman: Tuesday, November 27 - 2007 at 12:26

China renews oil contracts with Iran

Chinese oil firms have renewed contracts to buy crude from Iran for the next year and are seeking... Read full article »
Iran: Tuesday, November 27 - 2007 at 12:06

Japanese exports to Qatar grow by 24.86%

Japan's exports to Qatar for the first six months of this year totalled $817.96m compared to $... Read full article »
Qatar: Tuesday, November 27 - 2007 at 11:02

Qatar inflation up to 14%

Annual inflation in Qatar jumped to nearly 14 per cent at the end of September as accommodation... Read full article »
Qatar: Tuesday, November 27 - 2007 at 10:53

Cost of fava beans rise in Egypt

Fava beans or better known as foul, is under threat of the rising cost of imports and a... Read full article »
Egypt: Tuesday, November 27 - 2007 at 10:39

100% food hike in Kuwait

With the rising global trend of food prices the Union of Cooperative Societies said that some of... Read full article »
Kuwait: Tuesday, November 27 - 2007 at 07:10

DFM, ADSM finish lower

The Dubai Financial Market fell 39.63 points or 0.73% today, Monday, to end on 5,366. Agility had... Read full article »
United Arab Emirates: Monday, November 26 - 2007 at 14:55

NBK buys 25% stake in HWA AG

Qatar's NBK Holding (Nasser Bin Khaled), has purchased 25% of shares in German Motor sport... Read full article »
Qatar: Monday, November 26 - 2007 at 14:17

Dubai buys stake in Sony

Dubai International Capital, the international investment arm of Dubai Holding, has announced... Read full article »
United Arab Emirates: Monday, November 26 - 2007 at 10:42

Kuwait eyes tax changes

Kuwait's Minister of Finance Mustafa Al-Shimali said reforming the country's tax law to... Read full article »
Kuwait: Monday, November 26 - 2007 at 10:29

Oman creates anti-inflation body

Oman has created a ministerial committee to try to curb inflation, which has hit a 16-year high... Read full article »
Oman: Monday, November 26 - 2007 at 09:16

Bahrain rules out currency peg change

Bahrain's finance minister, Sheikh Ahmed bin Mohammad Al Khalifa, said the country has no plans... Read full article »
Bahrain: Monday, November 26 - 2007 at 09:07
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