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Dubai bourse up, up and away

After reaching an 8-month high, the DFM General Index gained Thursday another 0.90% to close at... Read full article »
United Arab Emirates: Thursday, January 03 - 2013 at 14:07

Oman aims to create 56,000 jobs in 2013

Omani finance minister Darwish al-Balushi has said the country will continue spending heavily on... Read full article »
Oman: Thursday, January 03 - 2013 at 06:51

Egypt's sukuk draft law rejected by Al-Azhar

Members of the Islamic Research Academy, one of Al-Azhar's affiliated institutes, have said they... Read full article »
Egypt: Thursday, January 03 - 2013 at 06:50

Oman increases 2013 spending by 30%

Oman's has raised spending in its 2013 budget by almost 30% over its 2012 plan to OR12.9bn ($33.... Read full article »
Oman: Thursday, January 03 - 2013 at 06:50

Egypt's new currency regime welcomed by IMF

The International Monetary Fund (IMF) has welcomed steps that Egypt has taken to stop a drain on... Read full article »
Egypt: Thursday, January 03 - 2013 at 06:49

Tadawul bourse follows global uptrend

The Tadawul All-Share Index or Tasi gained 1.17% on its second trading day in 2013 (the market... Read full article »
Saudi Arabia: Wednesday, January 02 - 2013 at 17:47

Kuwait bourse flirts with 6,000 points

Rising oil prices and the general global sentiment lifted the KSE Market Index by one percetn,... Read full article »
Kuwait: Wednesday, January 02 - 2013 at 16:08

Bahrain Bourse misses positive start into 2013

Despite bullish input from abroad, the Bahrain All-Share Index fell 0.17% to 1,063.77 points.... Read full article »
Bahrain: Wednesday, January 02 - 2013 at 15:02

Dana Gas, developers surge at bullish Abu Dhabi bourse

In line with the global rebound at stock exchange Thursday as a direction to the U. S. budget and... Read full article »
United Arab Emirates: Wednesday, January 02 - 2013 at 14:46

Dubai market jumps to 8-month high on U. S. budget compromise

On the first trading day of the new year, the DFM General Index surged 2.73%, closing at 1,666.87... Read full article »
United Arab Emirates: Wednesday, January 02 - 2013 at 13:54

Saudi bourse soars on US budget deal, oil rebound

The Tadawul All-Share Index closed 0.86% higher at 6,860 points on Jan. 1 after the US Senate... Read full article »
Saudi Arabia: Wednesday, January 02 - 2013 at 07:42

Jordan's 2013 draft budget set at $10.5bn

The Jordanian cabinet has approved the 2013 budget draft law, set at around JD7.456bn ($10.5bn) ,... Read full article »
Jordan: Wednesday, January 02 - 2013 at 03:23

GFH fund plans partial exit from infrastructure projects

Gulf Finance House (GFH) has said it plans to partially exit Clients Funds Under Management from... Read full article »
Bahrain: Wednesday, January 02 - 2013 at 03:22

Abu Dhabi's foreign trade grew 37.6% in 2011

Abu Dhabi's foreign trade has climbed 37.6% in 2011 to Dhs532.9bn, Wam has reported. Exports and... Read full article »
United Arab Emirates: Wednesday, January 02 - 2013 at 03:22

Dubai plans to raise public spending this year

The government of Dubai has announced plans to increase public spending in 2013 to support the... Read full article »
United Arab Emirates: Wednesday, January 02 - 2013 at 03:21
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