UAE budget into operation

The $7.73bn UAE budget with zero deficit has been put into place for 2007, the local WAM news... Read full article »
United Arab Emirates: Wednesday, January 03 - 2007 at 09:17

Rent cap to pull down inflation

A 7% cap on rent rises in Dubai, announced Monday, could help pull down inflation rates by 6% or... Read full article »
United Arab Emirates: Wednesday, January 03 - 2007 at 07:44

UAE stocks slow start

UAE stock markets started 2007 on a quiet note, with both Dubai and Abu Dhabi indices slightly... Read full article »
United Arab Emirates: Wednesday, January 03 - 2007 at 06:38

Investcorp $311m UK purchase

Bahrain-based Investcorp has agreed to buy the UK's Moody International for $311m from Close... Read full article »
Bahrain: Wednesday, January 03 - 2007 at 06:28

Brokerage firms suspended, warned

The UAE's capital markets regulator suspended two brokerages and warned others for failing to... Read full article »
United Arab Emirates: Wednesday, January 03 - 2007 at 06:16

Emaar 35% profit increase likely

Emaar Properties is expected to post a 35% increase in profit to $1.74bn in 2006, a sharp decline... Read full article »
United Arab Emirates: Tuesday, January 02 - 2007 at 11:14

GFH plans secondary LSE listing

Bahrain-based Gulf Finance House plans to launch a secondary listing on the London Stock Exchange... Read full article »
Bahrain: Tuesday, January 02 - 2007 at 08:52

Oman forcasts 38.5% deficit cut

Oman has forecast a budget deficit of $1.04bn for 2007, 38.5% lower than that forecast for 2006,... Read full article »
Oman: Tuesday, January 02 - 2007 at 06:44