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SABIC shares gain as petrochems giant expands Jubail port capacities

The Riyadh-based equity index Tasi decreased by 0.16% to 6,816.93 points. Market bellwether SABIC... Read full article »
Saudi Arabia: Wednesday, November 14 - 2012 at 20:24

Bahrain Bourse back to square one

In the last three days, the Manama-based Bahrain All-Share Index almost completely erased gains... Read full article »
Bahrain: Wednesday, November 14 - 2012 at 16:44

Qtel adds slightly, announces date for bond-coupon payments

The QE Index in Doha gained a quarter percentage point Wednesday to close at 8,466.06 points. The... Read full article »
Qatar: Wednesday, November 14 - 2012 at 16:26

First Gulf Bank dips after announcing new $900m syndicated loan

Struggling with the 2,700-resistance level, the Abu Dhabi market measure ADX General Index closed... Read full article »
United Arab Emirates: Wednesday, November 14 - 2012 at 16:13

Drake and Scull advances on new $120m loan

The Dubai market DFM added 0.12% to close at 1,616.81 points Wednesday. Shares of real estate... Read full article »
United Arab Emirates: Wednesday, November 14 - 2012 at 16:07

Global's $1.7bn debt restructuring plan rejected by creditors

Kuwait's Global Investment House (Global) has said three of its creditors had failed to back a $... Read full article »
Kuwait: Wednesday, November 14 - 2012 at 05:10

Saudi Arabia's foreign assets jump by $70.8bn until August

The Saudi Arabian Monetary Agency (Sama) has said the kingdom's foreign assets grew by $70.83bn... Read full article »
Saudi Arabia: Wednesday, November 14 - 2012 at 05:10

Saudi private sector firms told to hire more Saudis

The Saudi labour ministry has said it would fine private sector firms that employ more foreigners... Read full article »
Saudi Arabia: Wednesday, November 14 - 2012 at 05:10

Egypt expects to ink IMF loan deal today

Egyptian finance minister Momtaz El-Said has said the government expects to sign a memorandum of... Read full article »
Egypt: Wednesday, November 14 - 2012 at 05:09

Saudi Stock Exchange index decline halted

The Riyadh-based Tadawul All-Share Index ended a four-day losing streak Tuesday by closing... Read full article »
Saudi Arabia: Tuesday, November 13 - 2012 at 19:44

Financials push Kuwait market index higher

The KSE Market Index extended its week-long gaining streak and closed half a percentage point... Read full article »
Kuwait: Tuesday, November 13 - 2012 at 15:57

Qatar Exchange falls the third session straight on weaker financials, industrials

The QE Index ended Tuesday trading 0.60% lower at 8,445.61 points. Industries Qatar fell 1.20%,... Read full article »
Qatar: Tuesday, November 13 - 2012 at 15:44

RAK Ceramics with mixed 9M,Q3 results

In line with the general sluggish sentiment in Asia and the Middlea East, the Abu Dhabi market... Read full article »
United Arab Emirates: Tuesday, November 13 - 2012 at 15:31

Dubai market struggles with 1,620-level

The DFM General Index lost 0.70% and closed at 1,614.85 Tuesday as Asian markets were heading... Read full article »
United Arab Emirates: Tuesday, November 13 - 2012 at 14:56

Global trade to make 'modest recovery' in 2013: HSBC

HSBC has said global trade will stage a modest recovery in 2013, with businesses more confident... Read full article »
Middle East: Tuesday, November 13 - 2012 at 02:02
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