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Roach: Dubai crisis 'isolated example'

Stephen Roach, Chairman of Morgan Stanley Asia Ltd. has said that the Dubai crisis "is an... Read full article »
United Arab Emirates: Sunday, December 20 - 2009 at 10:45

Dubai government revises financial laws

A number of economic and financial laws to add to the legislative system in Dubai has been issued... Read full article »
United Arab Emirates: Saturday, December 19 - 2009 at 11:28

Oman budget in $39m deficit

According to official data, Oman's state budget shows a deficit of RO15m between January and... Read full article »
Oman: Thursday, December 17 - 2009 at 11:07

Abu Dhabi fund wants Citigroup damages

Abu Dhabi Investment Authority (ADIA) is seeking $4bn in damages from Citigroup over a bailout... Read full article »
United Arab Emirates: Thursday, December 17 - 2009 at 10:59

Dubai bailout provided a $10bn bond

The $10bn of financial aid from Abu Dhabi for Dubai to meet debt obligations was in the form of... Read full article »
United Arab Emirates: Thursday, December 17 - 2009 at 10:58

Tasi sees slight advance

Saudi Arabia's Tadawul All Share Index (Tasi) rose 0.72% today to close on 6,153. All sectors... Read full article »
Saudi Arabia: Wednesday, December 16 - 2009 at 17:01

Abu Dhabi index falls slightly

The Abu Dhabi Securities Exchange slipped 0.94% today to close on 2,767. All sectors ended lower,... Read full article »
United Arab Emirates: Wednesday, December 16 - 2009 at 14:31

DFM rises 2.54%

The Dubai Financial Market rose 2.54% today to close on 1,889, led by market heavyweight Emaar.... Read full article »
United Arab Emirates: Wednesday, December 16 - 2009 at 14:16

Kuwait says it offered help on Dubai debt

Kuwait's finance minister, Sheikh Mohammad al-Salem al-Sabah has said that his country has... Read full article »
Kuwait: Wednesday, December 16 - 2009 at 10:11

Tasi index sees slight drop

Saudi Arabia's Tadawul All Share Index (Tasi) fell 0.73% today to close on 6,109. All sectors... Read full article »
Saudi Arabia: Tuesday, December 15 - 2009 at 17:03

Abu Dhabi index down slightly

The Abu Dhabi Securities Exchange dipped 0.96% today to close on 2,794. All sectors ended lower... Read full article »
United Arab Emirates: Tuesday, December 15 - 2009 at 15:32

DFM falls for first time in four days

The Dubai Financial Market declined for the first time in four days today, falling 1.49% to 1,... Read full article »
United Arab Emirates: Tuesday, December 15 - 2009 at 15:18

Kuwait, BlackRock eye foreign investments

Kuwait Investment Authority, the country's sovereign wealth fund, and US asset manager BlackRock... Read full article »
Kuwait: Tuesday, December 15 - 2009 at 11:35

Dubai to unveil new bankruptcy law

A new reorganization bankruptcy law based on international standards that state-owned Dubai World... Read full article »
United Arab Emirates: Tuesday, December 15 - 2009 at 10:37

Abu Dhabi agrees to give Dubai $10bn

The government of Abu Dhabi and the UAE Central Bank have announced that they will provide $10bn... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 19:07
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