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UAE central bank to launch Direct Debit System
The UAE central bank has announced its decision to implement the Direct Debit System (UAEDDS) in... Read full article »
Egypt to receive IMF team tomorrow for loan talks
The Egyptian government has said an International Monetary Fund delegation is set to arrive in... Read full article »
Qatar ups government spending by 18%
Qatari finance minister Youssef Kamal has said the government plans to increase government... Read full article »
Kingdom Holding leads Tadawul rebound, Almarai seals SR1.3bn sukuk
The Tadawul All-Share Index added 0.45% to reach 7,157.85 points on Monday, support by oil prices... Read full article »
DP World shares fall below $14
The FTSE NASDAQ Dubai UAE 20 Index closed 0.73% lower at 2,190.44 points Monday. DP World ended... Read full article »
Ooredoo gets nod for 50pct cash dividend distribution
The QE 20 Index closed 0.89% lower to 8,500.96 points. After Ooredoo held its annual meeting and... Read full article »
Trading turnover melts on Abu Dhabi exchange
The ADX General Index declined 0.57% to 3,008.09 points Monday. The 2 top lenders in the... Read full article »
Developers flop, banks top at Dubai market
The DFM General Index slipped 0.19% to 1,825.76 points Monday amid lackluster trading due to the... Read full article »
Jordanian central bank capital increased
The Jordanian cabinet has decided to increase the capital of the central bank to JD48m ($67.2m),... Read full article »
Sipchem affiliate Int'l Diol seals refinancing, Ijara facility
The Saudi Stock Exchange's (SSE) Tasi index fell 0.45% to 7,125.73 points Sunday. The gauge... Read full article »
Commercial Bank of Kuwait hits 6-week high
The KSE Market Index closed the last trading day of Q1 2013 unchanged at 6,721.52 points. Shares... Read full article »
QNB, QIB in focus at lackluster Qatar Exchange
The QE 20 Index, which closed 0.10% lower at 8,577.72 points Sunday, finished Q1 with a tint plus... Read full article »
Dana Gas reports progress in operations, sukuk restructuring
The ADX General Index added 0.25% to reach 3,025.33 points Sunday. With a YTD performance of 14.... Read full article »
Dubai market gains 12.37% in Q1
The DFM General Index lost 0.85% on Sunday, closing at 1,829.24 points amid fickle input from... Read full article »
Iraq turns down Egypt's request to deposit $4bn bond
The Iraqi cabinet has turned down a request from Egypt for a $4bn bond to be deposited in Egypt's... Read full article »
