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Tasi gains 2.14%

Saudi Arabia's Tadawul All Share Index (Tasi) rose 2.14% today to close on 6,155. All sectors... Read full article »
Saudi Arabia: Monday, December 14 - 2009 at 16:55

New panel to rule on Dubai World disputes

Dubai is to set up a tribunal to decide disputes related to the settlement of the financial... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 16:47

Nakheel bond prices soar

Nakheel bond prices doubled today after Abu Dhabi said it had agreed to provide $10bn to help... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 14:56

Abu Dhabi stocks rise sharply

The Abu Dhabi Securities Exchange climbed 7.93% today after the UAE central bank agreed to... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 14:53

Dubai index surges 10.37%

The Dubai Financial Market rose sharply today after the Abu Dhabi government said it had agreed... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 14:43

Three Saudi firms plan IPOs

Saudi Arabia's capital market authority has granted its approval to three local firms to launch... Read full article »
Saudi Arabia: Monday, December 14 - 2009 at 11:30

Abu Dhabi's $10bn support only for Dubai World

The $10bn provided by Abu Dhabi today to support Dubai will be used solely to fund the... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 11:26

Nakheel to repay sukuk in next 2 weeks

Nakheel has announced that that it will repay within the next 14 days the Islamic bond that... Read full article »
United Arab Emirates: Monday, December 14 - 2009 at 11:22

Weekly FX roundup: Dollar gains strength

The US Dollar extended its gains last week despite higher equity prices, its positive run boosted... Read full article »
Middle East: Monday, December 14 - 2009 at 11:20

Tadawul holds steady

The Saudi Arabian Tadawul All Share Index (Tasi) closed steady, recording an upward nudge of 0.... Read full article »
Saudi Arabia: Sunday, December 13 - 2009 at 17:06

DFM begins week with gains

The Dubai Financial Market (DFM) closed 3.33% at 1,695.35, with 24 companies rising, three... Read full article »
United Arab Emirates: Sunday, December 13 - 2009 at 16:54

ADX closes up 4.46%

The Abu Dhabi Securities Exchange (ADX) went up by 4.46% to 2,613.88, with 29 stocks rising,... Read full article »
United Arab Emirates: Sunday, December 13 - 2009 at 16:50

UAE economy to grow 3.2% in 2010

The UAE's economy minister has said the country's economy is expected to grow 1.3% in 2009 and 3.... Read full article »
United Arab Emirates: Sunday, December 13 - 2009 at 10:58

UAE to build currency printing unit

The UAE central bank has revealed plans to build a currency printing unit in Abu Dhabi, Reuters... Read full article »
United Arab Emirates: Sunday, December 13 - 2009 at 10:53

Nakheel bond up 54 cents before deadline

Nakheel PJSC's $3.52bn bond has gone up to as much as 54 cents on the dollar, three days before... Read full article »
United Arab Emirates: Saturday, December 12 - 2009 at 10:34
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