2009
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Weekly FX roundup: Markets watch for 'Dubai effect'
The Dollar and Yen surged while stocks declined as risk aversion kicked in over the thin trading... Read full article »
Abu Dhabi index tumbles 8.31%
The Abu Dhabi Securities Index plunged 241.93 points, or 8.31%, today to close on 2,668. Heavily... Read full article »
DFM loses 7.3% in Dubai World fallout
The Dubai Financial Market had its worst fall in a year today on the first day of trading after... Read full article »
Nakheel seeks suspension of listed sukuks
Dubai-based Nakheel on Monday requested that all three of its sukuks listed on Nasdaq Dubai be... Read full article »
UAE shares tumble in early trading
Shares in Dubai's and Abu Dhabi's main stock markets fell at least 6% in the first hour of... Read full article »
Dubai may lose its status as financial hub, says report
Dubai may lose its status as the region's financial hub in return for a rescue package from Abu... Read full article »
Abu Dhabi's 'AA/A-1+' sovereign ratings affirmed
Standard & Poor's Ratings Services has announced the affirmation of its 'AA' long-term and 'A-1+'... Read full article »
Kuwait's provisional budget surplus rises to $20bn
According to Kuwait's ministry of finance, the country's preliminary budget surplus had amounted... Read full article »
Abu Dhabi to 'pick and choose' Dubai support
Abu Dhabi will 'pick and choose' which of Dubai's assets to underwrite, Reuters reported, citing... Read full article »
Nakheel may pay sukuk by deadline, says report
Nakheel, the Dubai-owned developer which has asked for a delay in its debt payments, may still... Read full article »
Saudi's Tadawul rises again
Saudi Arabia's Tadawul index rose 0.83% to end the day on 6,355, led by the Banks and Financial... Read full article »
Abu Dhabi market sees slight gain
The Abu Dhabi Securities Exchange gained 0.56% today to close on 2,910, led by the construction... Read full article »
DFM gains 1.08%
The Dubai Financial Market gained 1.08% today to close on 2,093. Global Investment House led all... Read full article »
Abu Dhabi banks lend Dubai $5bn
The Dubai government said today it raised $5bn by selling bonds to Abu Dhabi government-... Read full article »
Aabar secures $1.63bn club loan
Abu Dhabi-based Aabar Investments has borrowed $1.63bn from a group of local and foreign banks to... Read full article »
