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UK, US bourses in the green

The FTSE 100 gained 1.7% on Friday to close 106.8 points up at 6,262.1. The day's biggest gainer... Read full article »
UK: Saturday, November 24 - 2007 at 10:03

VAT in UAE edges closer

Dubai Customs has launched the second phase of its value added tax (VAT) study project which will... Read full article »
United Arab Emirates: Saturday, November 24 - 2007 at 09:30

Syria attracts Gulf cash

Abdullah Dardari, Syria's Deputy Prime Minister for Economic Affairs, has said that Gulf Arab... Read full article »
Syria: Saturday, November 24 - 2007 at 09:22

Emaar eyes DIFX listing

Emaar Properties is considering a listing on the Dubai International Financial Exchange (DIFX),... Read full article »
United Arab Emirates: Saturday, November 24 - 2007 at 09:02

Oman to keep peg

The Governor of Oman's Central Bank Hamud bin Sangur Al Zadjali has said the sultanate has no... Read full article »
Oman: Saturday, November 24 - 2007 at 08:53

Talaat Mostafa IPO oversubscribed

Egyptian real estate developer the Talaat Mostafa Group Holding Company has revealed that its... Read full article »
Egypt: Saturday, November 24 - 2007 at 08:24

Tasi up 17.6% in a month

Saudi Arabia's Tadawul All Share Index (Tasi) has gained 17.6% over the past four weeks, reported... Read full article »
Saudi Arabia: Saturday, November 24 - 2007 at 08:03

DFM, ADSM finish lower

The Dubai Financial Market and the Abu Dhabi Securities Market both ended the week on a down... Read full article »
United Arab Emirates: Thursday, November 22 - 2007 at 15:55

Global Investment sells Nibras stake

Kuwait's Global Investment House has sold its 88% stake in Nibras Holding Co. for a net profit of... Read full article »
Kuwait: Thursday, November 22 - 2007 at 12:17

DIC eyes stakes in Asian firms

Dubai International Capital plans to diversify its investments in Asia by buying stakes in large... Read full article »
United Arab Emirates: Thursday, November 22 - 2007 at 11:30

National Industries ups capital

The board of National Industries Group Holding SAK, the largest industrial investment company in... Read full article »
Kuwait: Thursday, November 22 - 2007 at 10:45

New tool calculates zakat

The Zakat Fund has launched a service on its web site that will enable companies to calculate... Read full article »
Thursday, November 22 - 2007 at 10:30

Dubai eyes LNG contract

The Dubai Multi Commodities Centre is planning to launch the world's first liquefied natural gas... Read full article »
United Arab Emirates: Thursday, November 22 - 2007 at 10:07

Scholars criticize sukuk market

The Accounting and Auditing Organisation for Islamic Financial Institutions believes about 85% of... Read full article »
Thursday, November 22 - 2007 at 09:13

DP World IPO raises $4.96bn

DP World, the Dubai-owned port operator, said it raised $4.96bn in the Middle East's biggest... Read full article »
United Arab Emirates: Thursday, November 22 - 2007 at 08:20
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