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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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
