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Egypt's sukuk bill approved
Egyptian president Mohamed Morsi has approved a law allowing the state to issue Islamic bonds the... Read full article »
Oman's stock exchange to launch index for Islamic firms next July
Muscat Securities Market (MSM) has announced it has started internally activating an index that... Read full article »
Floating of Qatar's $12bn investment firm delayed
Qatar Exchange has said a planned floatation of Doha Global Investment Co, a $12bn Qatari... Read full article »
Qatar's $3bn deposit received by Egypt
Egypt's central bank has received a $3bn deposit from Qatar, aimed at shoring up finances hit by... Read full article »
GGICO gains as firm returns to profits q-o-q
Shares of Gulf General Investment Co. (GGICO) which are listed on the Dubai bourse DFM rose 2.84%... Read full article »
Tadawul market in stutter mode
The Tadawul All-Share Index fell 0.35% to 7,195.17 points Sunday. Sabic lost 0.27% to close at... Read full article »
Al Baraka Banking Group reports Q1 results, leads Bahrain Bourse rise
The Bahrain All-Share Index extended its record-long gaining streak by ending up 0.40% at 1,138.... Read full article »
Qatar Insurance rights issue oversubscribed
The Doha-based QE 20 Index closed at 8,847.50 Sunday, unchnanged from the previous close, so did... Read full article »
Waha Capital Q1 profit rises 5-fold, shares gain
The Abu Dhabi equity market measure ADXGI closed up 1.05% at 3,404.46 points Sunday. Leasing,... Read full article »
Union Properties hits 3-year high as developer announces new projects
With backwind from U. S. and German exchanges which reached new all time highs last Friday, the... Read full article »
Citadel Capital narrowed 2012 losses
Egyptian private equity firm Citadel Capital has said it has narrowed its consolidated net loss... Read full article »
Saudi non-oil exports in March down 5.9%
The Saudi Central Department of Statistics and Information has said the kingdom's non-oil exports... Read full article »
Egypt confident on IMF deal
Egypt's new planning minister Amr Darrag has said he was confident the country would reach a deal... Read full article »
Dubai Group says close to sealing $10bn debt deal
Dubai Group, the financial services arm of Dubai Holding, has said it expects a $10bn... Read full article »
Zamil Industrial holds OGM, shares gain slightly
The Tadawul All-Share Index ended up 0.20% to reach 7,220.42 points Saturday. Sabic ended flat at... Read full article »
