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Lower growth prospects for UAE weigh on Dubai market

The DFM General Index fell Sunday by 0.21% to hit 1,614.16 points amid losses in the real estate... Read full article »
United Arab Emirates: Sunday, November 11 - 2012 at 16:14

Sukuk news fail to lift Abu Dhabi Islamic Bank

The Abu Dabi equity index ADXGI slipped 0.14% to 2,670.72 points. The sheikhdom's first lender... Read full article »
United Arab Emirates: Sunday, November 11 - 2012 at 15:56

Saudi Arabia's HADAF to stop unemployment payments after one year

Saudi Arabia's Human Resources Development Fund (HADAF) has said it does not plan to continue... Read full article »
Saudi Arabia: Sunday, November 11 - 2012 at 01:09

Jordan to see inflation rise by less than 3% once subsidies lifted: PM

Jordanian prime minister Abdullah Ensour has said the expected increase in oil prices after... Read full article »
Jordan: Sunday, November 11 - 2012 at 01:09

Iraq says $1trn needed for reconstruction

Iraq's National Investment Commission has said the country needs up to $1trn over the next 10... Read full article »
Iraq: Sunday, November 11 - 2012 at 01:09

Iraq's former central bank governor refutes corruption charges

The former governor of Iraq's central bank has dismissed as "baseless" charges against him, and... Read full article »
Iraq: Sunday, November 11 - 2012 at 01:08

Tadawul bourse holds fire ahead of the 7,000 points-level

The Riyadh-based Tadawul All-Share Index or Tasi slipped 0.33% Saturday amid low trading volumes.... Read full article »
Saudi Arabia: Saturday, November 10 - 2012 at 17:17

ADIA challenges Citi victory in $4bn arbitration

A lawyer for Abu Dhabi Investment Authority (ADIA) has urged a US judge to overturn an... Read full article »
United Arab Emirates: Saturday, November 10 - 2012 at 04:49

Iran imposes temporary ban on luxury goods imports

A temporary ban has been imposed by Iran on the import of some "luxury goods" including foreign-... Read full article »
Iran: Saturday, November 10 - 2012 at 04:48

Gulf Warehousing rises, reaches out to Algeria

The Qatar Exchange Index closed even at 8,572.75 points. Shares of Gulf Warehousing Co. advanced... Read full article »
Qatar: Thursday, November 08 - 2012 at 17:08

Kuwait's telecom giant Zain gains on R&D announcement

The Kuwait Stock Exchange (KSE) Market Index advanced 0.80% to close at 5,772.17 points Thursday.... Read full article »
Kuwait: Thursday, November 08 - 2012 at 16:29

Etisalat saves Abu Dhabi bourse from plummeting

The ADX General Index declined 0.10% to 2,647.39 points Thursday. While merger candidates Aldar... Read full article »
United Arab Emirates: Thursday, November 08 - 2012 at 16:20

Union Properties gain as developer returns to profits

After briefly testing the support level at around 1,600 points, the Dubai Financial Market... Read full article »
United Arab Emirates: Thursday, November 08 - 2012 at 13:55

Sedco expects assets to double by 2017

Saudi Shari'ah-compliant investment firm Sedco Capital has said its assets under management are... Read full article »
Saudi Arabia: Thursday, November 08 - 2012 at 13:06

Arcapita secures Islamic bankruptcy loan

Bahrain-based investment bank Arcapita has secured a court approval for a $125m bankruptcy loan... Read full article »
Bahrain: Thursday, November 08 - 2012 at 11:31
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