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Profit booking drags Dubai market slightly down
After gaining around 8% in the first week of the year, the DFM General Index closed Sunday 1.32%... Read full article »
Korea Finance Corp names GIC preferred investment partner
Kuwait-based Gulf Investment Corp (GIC) has announced the signing of a memorandum of... Read full article »
Egypt rules out using canal, state assets to back Islamic bonds
Egyptian prime minister Hisham Qandil has ruled out plans to use the Suez Canal or other state... Read full article »
Inflation in Abu Dhabi rose 1.1% last year
According to data by Statistics Centre Abu Dhabi (SCAD), the average consumer prices in the... Read full article »
Tadawul bourse up, Arriyadh Development Q4 profit more than doubles
The Saudi Stock Exchange's market started the week with a 0.55% advance, finishing at 7,165.76... Read full article »
Dubai Group in lawsuit settlement with lenders
Dubai Group, a unit of Dubai Holding, has settled with banks who brought legal action against it... Read full article »
New governor named for Egypt's central bank
Egypt has appointed Hisham Ramez to take over as governor of its central bank, as part of efforts... Read full article »
Lacklustre Bahrain bourse sheds 0.34%
The Manama-based Bahrain All-Share Index closed at 1,061.66 points Thursday. Khaleej Commercial... Read full article »
Qatar's top lender soars, expands to China
The QE 20 Index added one percent to reach 8,781.70 Thursday amid a general bullish sentiment at... Read full article »
Dana Gas jumps after board approves annual budget
The ADX General Index advanced 0.42% to reach 2,728.27 points Thursday. Shares of Dana Gas gained... Read full article »
Dubai market shaves key resistance, Emaar slips
The DFM General Index gained 0.63% to reach 1756.22 points, breaking through the old resistance... Read full article »
Lagarde says Egyptians must be convinced of need for IMF
Christine Lagarde, the head of the International Monetary Fund (IMF), has said the Egyptian... Read full article »
Dubai aims to make Islamic finance 'core industry'
The Dubai Department of Economic Development (DED) has unveiled plans to create an Islamic... Read full article »
DP World extends gaining streak, hits 8-week high
The FTSE NASDAQ Dubai UAE 20 Index closed at 1967.21 today, up 0.25%, from the previous close.... Read full article »
Saudi Stock Exchange closes at 4-month high
The Saudi Arabian equity index Tasi gained the third day straight Wednesday, closing 1.04% higher... Read full article »
