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ADIC-UBS to raise $600m for projects

The CEO of ADIC-UBS Investment Limited said the joint venture is raising up to $600m for... Read full article »
United Arab Emirates: Tuesday, November 11 - 2008 at 09:28

UAE shares lose Dhs35bn in two days

The Dubai Financial Market has lost 10% of its value in the past two days, including 4% in... Read full article »
United Arab Emirates: Tuesday, November 11 - 2008 at 09:22

ING launches new ME equity fund

Luxembourg-based ING Investment Management launched the ING (L) Invest Middle East and North... Read full article »
Middle East: Tuesday, November 11 - 2008 at 07:58

Demand in emerging markets 'not collapsing'

The financial crisis has slowed economies in emerging markets and is drawing new boundaries... Read full article »
United Arab Emirates: Monday, November 10 - 2008 at 17:16

Speed of financial crisis taken business by 'surprise'

The 'speed and far reaching impact' of the financial crisis 'has taken everyone by surprise',... Read full article »
Middle East: Monday, November 10 - 2008 at 16:59

Financial crisis 'confined' to Europe and the US

Farid Mohammed Ahmed, Secretary General at Dubai World, has said that business will continue to... Read full article »
United Arab Emirates: Monday, November 10 - 2008 at 16:48

Egypt exports slow

Egypt's export growth will probably slow this year due to the international financial crisis,... Read full article »
Egypt: Monday, November 10 - 2008 at 13:46

Bahrain sees rise of only one share

The decline at Bahrain was led by banks, the services and investment sectors, with the index... Read full article »
Bahrain: Monday, November 10 - 2008 at 10:09

Banks pressure Doha market

The pressure on Doha index which fell to 7000 points came mostly from banks. Trading value was... Read full article »
Qatar: Monday, November 10 - 2008 at 10:07

Kuwait suffers record fall

KSE closed on a record fall at 9904 points after pressure came from the services sector,... Read full article »
Kuwait: Monday, November 10 - 2008 at 10:05

Tadawul shows only rise

After a decline of more than 5% yesterday, Tadawul rebounded by 1.8% to 5863 points with support... Read full article »
Saudi Arabia: Monday, November 10 - 2008 at 10:03

Three Abu Dhabi shares fall below Dhs1

Dana Gas, Waha Capital and Rak Properties fell to below one dirham after heavy selling pushed the... Read full article »
United Arab Emirates: Monday, November 10 - 2008 at 10:02

Emaar leads DFM fall

Emaar, the second largest share, led the DFM decline, closing down by 10% at Dhs4.44, and taking... Read full article »
United Arab Emirates: Monday, November 10 - 2008 at 10:01

Gulf markets slump

Gulf stock markets started the week down, with random selling pushing all markets to fall with... Read full article »
Middle East: Monday, November 10 - 2008 at 09:56

UAE stocks fall sharply

The Dubai Financial Market on Sunday dropped 166.14 points, or 5.94%, to close on 2,631. Among... Read full article »
United Arab Emirates: Sunday, November 09 - 2008 at 15:08
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