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Kuwait budget increase to cover pay rises, KD600m required
The Kuwaiti cabinet is expected to seek the approval of the parliament for an increase in the... Read full article »
Europe debt crisis could push down debt prices, hurt Mena growth
The International Monetary Fund (IMF) has said a renewed crisis in Europe would push down oil... Read full article »
Russia's VTB capital eyes Middle East expansion
VTB Capital, the investment banking unit of Russia's second-biggest lender, is expanding its... Read full article »
Abraaj Capital eyes three to four $150m Saudi investments
Dubai-based private equity firm Abraaj Capital has said it is looking at three to four... Read full article »
Bullish first quarter results boost Saudi Telecom share price
The Riyadh-based Tadawul All Share Index added 0.03% Wednesday, closing at 7,513.85 points.... Read full article »
Bahrain Bourse outperforms GCC indexes as IIF forecasts 'brighter prospects in 2012'
The Bahrain All Share Index advanced the most in the GCC Wednesday, closing 0.84% higher at 1,... Read full article »
Kuwait Stock Exchange gains half a percentage point on real estate firms, industrials
The KSE Market Index added 0.49% on Wednesday, ending at 6,268. Al-Aman Investment Co. advanced... Read full article »
Emaar Properties on the rise, while Dubai market remains sluggish
The DFM General Index closed at 1,642 (off 0.39%) Wednesday, as losses at Tamweel (down 9.50%)... Read full article »
Abu Dhabi bourse edges up by 0.32% on strong developers
The ADX General Index consolidated above 2,500 points Wednesday, closing at 2,513. Real estate... Read full article »
Yemen plans major boost in 2012 spending
Yemeni lawmakers have approved a budget for 2012 that sharply increases spending to meet demand... Read full article »
Sanctions weigh heavily on Syria
French diplomats have said Western sanctions on Syria have almost halved the country's foreign... Read full article »
Abu Dhabi's Invest AD plans more investments in Africa
Abu Dhabi's state-owned fund Invest AD is eyeing growth opportunities in Africa, and said the... Read full article »
Saudi stock market jumps 3.21% driven by Sabic earnings, rising oil prices
The Tadawul All Share Index or Tasi closed at 7,511.72 Tuesday, up 3.12% after the index chart... Read full article »
Bahrain Bourse advances the fourth trading session straight
The Bahrain All Share Index hit 1,144.10 points Tuesday, up half a percent from the previous... Read full article »
Doha Insurance shares close flat, despite Q1 profit increase
The Qatar Exchange saw its QE 20 market index falling by 0.16% to 8,713.27 points Tuesday. Shares... Read full article »
