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Union National Bank shares soar on Q1 profit
The Abu Dhabi market gauge ADXGI fell the third session straight Wednesday, ending down 0.12% at... Read full article »
Arabtec gains on partnering with Samsung Engineering
The Dubai market index DFMGI bounced 0.12% to reach 1,970.19 Wednesday. Construction firm Arabtec... Read full article »
Aabar, Malaysian partner raise $3bn
Abu Dhabi Aabar Investments and its partner 1Malaysia Development (1MDB) have raised $3bn through... Read full article »
Egyptian regulator not yet approved EFG, Qinvest merger
Egypt's financial regulator has not yet given its approval for the merger between EFG-Hermes, the... Read full article »
MENA growth seen to slow down in 2013: IMF
The International Monetary Fund has said a decline in oil production growth amongst exporting... Read full article »
Egypt's unemployment rate rose to 12.7% last year
According to data released by Egypt's statistics agency, CAPMAS, the country's unemployment rate... Read full article »
Sabic hits 1-month low, Petrochem reduces Q1 loss significantly
The Tadawul All-Share Index fell 0.68% to 7,096.99 Tuesday. Market bellwether Sabic slipped 1.10%... Read full article »
Kuwait Stock Exchange shaves 7,000 points
The KSE Market Index gained 1.32% Tuesday, closing at 7,043.84 points as shares advanced across... Read full article »
Qatar market halts 7-day losing streak
The QE 20 Index climbed 0.42% Tuesday to reach 8,368.33 points Tuesday. Shares of Gulf... Read full article »
Aldar rises, strikes deal with Arabtec on WTC tower Abu Dhabi
The Abu Dhabi market gauge ADX General Index closed 0.36% lower at 3,094.26 points Tuesday. The... Read full article »
Dubai market closes flat amid lower volumes
The DFM General Index finished Tuesday trading at 1,967.92 points. Shares of the DFM, the only... Read full article »
IMF talks with Egypt end without deal
The International Monetary Fund has said talks with Egypt have ended without agreement on a... Read full article »
Dubai inflation up 0.6% in March
The Dubai Statistics Centre has said inflation in the emirate rose to 0.6% year-on-year in March,... Read full article »
Zain KSA net loss narrows further
The Tadawul All-Share Index closed 0.70% lower at 7,145.6 points Monday as global markets were... Read full article »
Losses across the board keep Bahrain bourse at bay
The Bahrain All-Share Index finished Monday trading 0.40% lower at 1,087.63 points. Islamic... Read full article »
