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Qatar transfers third tranche of $2bn deposit to Egypt

Egyptian finance minister Momtaz El-Said has said the Central Bank of Egypt has received the... Read full article »
Egypt: Tuesday, November 13 - 2012 at 02:01

Mideast repayment fears fuelled by global uncertainty

Tim Reid, HSBC's regional head of commercial banking has said the use by Middle Eastern companies... Read full article »
Middle East: Tuesday, November 13 - 2012 at 02:00

Saudi CMA allows rights trade on Tadawul

Saudi Arabia's market regulator has decided to allow subscription rights for share offers to be... Read full article »
Saudi Arabia: Tuesday, November 13 - 2012 at 02:00

SABIC and Shell to expand partnership

Declining oil prices weighed on the Saudi equity index Tasi, closing Monday trading off 0.80% at... Read full article »
Saudi Arabia: Monday, November 12 - 2012 at 18:01

Air Arabia flies high on quarterly results

Shares of Sharjah-based Air Arabia advanced 1.17% to reach Dhs0.692 Monday. After the closing of... Read full article »
United Arab Emirates: Monday, November 12 - 2012 at 16:19

Vodafone Qatar gains, reports rising customer base

The Doha-based Qatar Exchange Index declined 0.40% to 8,494.34 points Monday. Shares of the... Read full article »
Qatar: Monday, November 12 - 2012 at 14:54

Abu Dhabi's Waha Capital advances on slightly higher third quarter profit

The ADX General Index added the most in the GCC Monday, closing 1.32% higher at 2,705.93 points... Read full article »
United Arab Emirates: Monday, November 12 - 2012 at 14:24

Dubai market dares to rebound

Despite week input from Asia, where Japan's declining GDP points to a new recession in the world'... Read full article »
United Arab Emirates: Monday, November 12 - 2012 at 13:52

Egypt mulls austerity measures to cut budget deficit

The Egyptian government has proposed tax changes and reducing energy subsidies to cut a budget... Read full article »
Egypt: Monday, November 12 - 2012 at 01:38

Iran's inflation rate up 1.4%

Iran's central bank has said the country's rate of inflation rose by 1.4% in the Iranian calendar... Read full article »
Iran: Monday, November 12 - 2012 at 01:38

Arab Spring economies to recover gradually next year: IMF

The International Monetary Fund (IMF) has said most economies hit by the Arab Spring uprisings... Read full article »
Middle East: Monday, November 12 - 2012 at 01:38

Qatari shares fall across the board

The QE 20 Index closed Sunday trading half a percentage point lower at 8,528.19, as all banks... Read full article »
Qatar: Sunday, November 11 - 2012 at 19:04

Reduced Saudi Arabian growth prospects drag Tadawul bourse down

The Saudi Stock Exchange's benchmark index Tasi fell by half a percentage point Sunday and closed... Read full article »
Saudi Arabia: Sunday, November 11 - 2012 at 18:30

Bahrain Bourse buoyant on bank gains

The Bahrain All-Share Index gained 0.40% Sunday, finishing at 1,072.87 points. Islamic bank Gulf... Read full article »
Bahrain: Sunday, November 11 - 2012 at 16:43

Kuwait bourse bucks regional downtrend for the third consecutive trading day

The KSE Market Index rose 0.22% Sunday, to hit 5,785.05. Kuwait's ruleing Emir last week he would... Read full article »
Kuwait: Sunday, November 11 - 2012 at 16:31
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