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GFH receives nod to restructure WestLB facility

Bahrain-based Islamic investment bank, Gulf Finance House (GFH) has said it has secured approvals... Read full article »
Bahrain: Sunday, April 07 - 2013 at 03:54

Qatar's population up 92% in past six years

The Qatar Statistical Authority (QSA) has said the Gulf country's population has grown by over... Read full article »
Qatar: Sunday, April 07 - 2013 at 03:54

Doha Global Investment plans IPO next month

Qatar-based Doha Global Investment Co, a new investment firm backed by assets from the country's... Read full article »
Qatar: Sunday, April 07 - 2013 at 03:53

IILM to issue Islamic bonds after unexpected Saudi pull-out

The International Islamic Liquidity Management Corp (IILM), a body backed by central banks from... Read full article »
Saudi Arabia: Sunday, April 07 - 2013 at 03:53

U. S. labour market data halt Tadawul rally

The Saudi Stock Exchange fell 0.90% Saturday, closing at 7,113.74 points. The 3-day gaining... Read full article »
Saudi Arabia: Saturday, April 06 - 2013 at 17:03

Egypt sees $4.8bn IMF loan deal in two weeks

Egypt's planning minister Ashraf al-Araby has said the government expects to reach a final... Read full article »
Egypt: Saturday, April 06 - 2013 at 01:14

Aabar secures $2.5bn facility

Abu Dhabi's Aabar Investments has signed a $2.5bn loan deal with 12 banks to refinance a deal... Read full article »
United Arab Emirates: Saturday, April 06 - 2013 at 01:14

Muscat market gains the third day straight

The Omani MSM-30 Index finished Thursday trading at 6,111.31 points. Bank Muscat shares jumped... Read full article »
Oman: Thursday, April 04 - 2013 at 15:56

Qatar Exchange rises amid narrowing Bollinger bands

The QE 20 Index ende up 0.10% at 8,576.86 points Thursday. Medicare gained the most (up 8.33% at... Read full article »
Qatar: Thursday, April 04 - 2013 at 15:50

Abu Dhabi market consolidates above 3,000 points

The ADX General Index closed 1.21% higher at 3,058.81 points Thursday. Sorouh Real Estate... Read full article »
United Arab Emirates: Thursday, April 04 - 2013 at 15:37

Air Arabia soars on Mideast air traffic prospects

The Dubai equity market index DFMGI closed a volatile first trading week in April 1.42% higher at... Read full article »
United Arab Emirates: Thursday, April 04 - 2013 at 13:53

EFG-Hermes records Q4 loss

Egypt's biggest investment bank, EFG-Hermes has posted a net loss of EGP21m ($3.08m) for the... Read full article »
Egypt: Thursday, April 04 - 2013 at 01:27

Saudi spending seen to grow more moderately

Saudi finance minister Ibrahim Alassaf has said that government spending is likely to increase at... Read full article »
Saudi Arabia: Thursday, April 04 - 2013 at 01:26

Prince Alwaleed calls for opening Tadawul to foreign investors

Prince Alwaleed bin Talal has urged the Saudi government open the kingdom's stock market to... Read full article »
Saudi Arabia: Thursday, April 04 - 2013 at 01:26

Banks extend Zain KSA's 'junior debt', shares rise

The Tadawul All-Share Index hit an 11-month high Wednesday, closing at 7,178.1 points. Mobile... Read full article »
Saudi Arabia: Thursday, April 04 - 2013 at 00:02
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