2009
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DFM tumbles 6.1%
The Dubai Financial Market fell 6.1% today to 1,638.05, its lowest close since July 13. The index... Read full article »
Dubai World restructuring may take longer than 6 months, says Saleh
Dubai World might need more than six months to complete its restructuring, Abdulrahman Al Saleh,... Read full article »
Acquisition numbers to 'keep dropping'
The volume of deals in the region will keep on dropping for the next two to four quarters due to... Read full article »
Kuwait's Dar reaches deal with creditors
Kuwait's Investment Dar has said it has reached an agreement with its creditors and investors on... Read full article »
Kuwait to invest Citi sale proceeds overseas
Kuwait's finance minister, Mustapha al-Shamali, has said that the proceeds of the $4.1bn sale of... Read full article »
World trade to fall 10%, says WTO
Pascal Lamy, head of the World Trade Organization, has said that global trade this year is likely... Read full article »
Saudi Tadawul dips 0.99%
Saudi Arabia's Tadawul All Share Index (Tasi) fell 0.99% to close on 6,246. All sectors ended... Read full article »
ADX falls 1.73%
The Abu Dhabi Securities Exchange reversed yesterday's gains by falling 1.73% today to close on... Read full article »
DFM loses 5.84%, led by Emaar
The Dubai Financial Market fell 5.84% today to close on 1,744, as the index pulled back following... Read full article »
Dubai will not sell assets, says Al Saleh
Abdul Rahman Al Saleh, Director-General of Dubai's Department of Finance has said that the... Read full article »
Kuwait's Noor to launch property fund
Kuwait-based Noor Financial Investment Co. (NOOR) has announced plans to launch a Shariah-... Read full article »
Kuwait sells stake in Citigroup for $4.1bn
The Kuwait Investment Authority (KIA), the country's sovereign fund, has sold the stake it took... Read full article »
Weekly FX roundup: Dollar received US results boost
Heading towards the end of 2009, a significant reversal in the US currency happened last Friday... Read full article »
Tadawul up 0.33%
Saudi Arabia's Tadawul All Share Index (Tasi) ended the day up slightly by 0.33% to 6,309.05,... Read full article »
DFM pushes up by 1.18%
The Dubai Financial Market (DFM) ended the day up by 1.18% to 1,853.13, with 19 stocks rising,... Read full article »
