2009
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Emaar announcement fuels DFM 7% gains
The Dubai Financial Market (DFM) ended the week on a high note, going up by 7% to 1,640.76.... Read full article »
Abu Dhabi ends week on upward trading
The Abu Dhabi Securities Exchange ended the day up by 1.43% at 2,502.24, with 21 stocks rising,... Read full article »
Oman Central Bank assets rise
Data from Oman's central bank showed its net foreign assets had climbed 14.6% to OR4.63bn in... Read full article »
Dubai World banks agree payment rescheduling
Four UK banks have agreed to reschedule Dubai World's debt, Arabic daily Albayan has said, citing... Read full article »
Tasi falls 2.43%
Saudi Arabia's Tadawul All Share Index (Tasi) fell 2.43% today to close on 5,954. All sectors... Read full article »
UAE has 'contained' economic downturn, says president
The president of the UAE said today the country has successfully 'contained' the negative impacts... Read full article »
ADX dips 2.82%
The Abu Dhabi Securities Index fell 2.82% to close on 2,467, with all sectors ending lower save... Read full article »
Dubai index drops 6.39%
The Dubai Financial Market fell 6.39% today to 1,533, eliminating all of the index's gains this... Read full article »
Moody's downgrades Dubai Inc. corporates
Moody's downgraded ratings on all six Dubai government-related issuers (GRIs) yesterday citing... Read full article »
Citadel sells stakes in ASEC, United Foundries
Egypt's Citadel Capital has said it has sold a 6% stake in ASEC Holding and a 6% stake in United... Read full article »
Kuwait's parliament approves Gulf monetary union pact
The Gulf monetary union pact has been unanimously ratified by Kuwait's parliament, AFP has... Read full article »
Saudi's Tadawul dips 2.3%
Saudi Arabia's Tadawul All Share Index (Tasi) fell 2.3% today to close on 6,102. All sectors... Read full article »
ADX falls 3.36%, led by real estate sector
The Abu Dhabi Securities Exchange fell 3.36% today to close on 2,538 as all sectors save for... Read full article »
Gulf job cuts rise due to downturn
Nearly two-thirds of professionals working in the Gulf have not received any pay rises and one in... Read full article »
More Dubai firms may have debt problems, says report
More Dubai government-run companies may need help making debt payments, says a new report by... Read full article »
