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Tasi targets 10,000 points

Saudi Arabia's Tadawul All Share Index (Tasi) is set to break through the 10,000 points barrier... Read full article »
Saudi Arabia: Saturday, December 08 - 2007 at 10:07

Sensex close to record high

India's benchmark Sensex Index climbed 170.1 points, or 0.9%, on Friday to close on 19,966 and... Read full article »
India: Saturday, December 08 - 2007 at 09:35

FTSE, Dow Jones up, Nasdaq down

The FTSE 100 closed the week with a 1.1% advance to end on 6,554.9 points, a climb of 69.3... Read full article »
UK: Saturday, December 08 - 2007 at 09:28

QIA pumps $850m into Indonesia

The Qatar Investment Authority (QIA), which manages around $60bn of assets, is to pump $850m into... Read full article »
Qatar: Saturday, December 08 - 2007 at 08:46

$2bn Jebel Ali sukuk to DIFX

The Jebel Ali Free Zone's (Jafza) Dhs7.5bn ($2bn) local currency sukuk has become the first non-... Read full article »
United Arab Emirates: Saturday, December 08 - 2007 at 08:40

$325m Rakia sukuk to DIFX

The Ras Al Khaimah Investment Authority (Rakia) listed a $325m sukuk on the Dubai International... Read full article »
United Arab Emirates: Saturday, December 08 - 2007 at 07:44

Kuwait mulls wage increase

Kuwait's parliament has approved a draft law which calls for a wage hike for public and private... Read full article »
Kuwait: Thursday, December 06 - 2007 at 12:36

UAE cuts interest rates

The UAE trimmed its main interest rate by 15 basis points on Thursday to 4.5%, matching the... Read full article »
United Arab Emirates: Thursday, December 06 - 2007 at 12:29

GCC to launch common market

Leaders of the six-member Gulf Cooperation Council (GCC) announced their intention to launch a... Read full article »
Thursday, December 06 - 2007 at 10:37

UAE-Sino trade to hit $20bn

Bilateral trade between China and the UAE will reach $20bn at the end of this year, an increase... Read full article »
United Arab Emirates: Thursday, December 06 - 2007 at 10:24

UAE to keep dollar peg

UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi said Wednesday the bank would leave its... Read full article »
United Arab Emirates: Thursday, December 06 - 2007 at 08:42

Dow, FTSE rise sharply

The Dow Jones rose sharply on Wednesday after a two-day sell-off, boosted by a report showing... Read full article »
Thursday, December 06 - 2007 at 06:31

Suez wins contracts for Cairo wastewater plant

Suez Environment said it has won 55m euro in contracts from Egyptian authorities for the Gabal El... Read full article »
Egypt: Wednesday, December 05 - 2007 at 12:50

Japan's export to the Gulf up by 36%

The boom of Japanese firm activities in the Gulf has raised Japan's exports 36 per cent to $9.7bn... Read full article »
Middle East: Wednesday, December 05 - 2007 at 10:51

Egypt talks with Iran over wheat imports

Egypt has held talks with Iran over the possibility of importing Iranian wheat, reported Reuters.... Read full article »
Egypt: Wednesday, December 05 - 2007 at 09:07
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