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Oman approves two sukuk issues
Oman's market regulator has given its initial approval for two local firms to issue sukuk, Muscat... Read full article »
Saudi SME owners told to run their businesses full-time
The Saudi labour ministry has instructed owners of small and medium sized enterprises (SMEs) in... Read full article »
QInvest to launch 'at least' 30 Islamic funds by 2016
Qatar-based investment bank QInvest has revealed plans to launch at least 30 Islamic funds over... Read full article »
Alinma Tokio Marine Co. gets nod for 9 insurance products
The Saudi Arabian Tasi index fell 0.28% Saturday, closing at 7,157 points. The world's first... Read full article »
Mubadala in talks with lenders to renew $2bn facility
Abu Dhabi's state-owned Mubadala Development Co plans to pay 45 basis points above the benchmark... Read full article »
Effective cabinet could help Lebanon's GDP grow to 3%
Lebanese lender Byblos Bank has said Lebanon's GDP growth may climb to 3% if an effective cabinet... Read full article »
Nasdaq Dubai-listed stocks end mixed
The FTSE NASDAQ Dubai UAE 20 Index closed Thursday 1.30% higher at 2216.40. DP World finished up... Read full article »
Bank shares keep Bahrain market afloat
The Bahrain All-Share Index closed insignificantly higher at 1,086.08 points Thursday. Bahrain... Read full article »
Capital Intelligence raises Doha Bank outlook
The QE 20 Index fell 0.24% to 8,586.26 points Thursday. Doha Bank slipped 0.32% to QR47.05. The... Read full article »
ADIB gains, injects Dhs600m into Manazel Real Estate
The ADX General Index advanced 0.41% to reach 3,017.72 points. Abu Dhabi Islamic Bank or ADIB... Read full article »
Dubai market digests Cyprus woes
The DFM General Index added 0.45% to reach 1,844.89 points Thursday amid thin trading. The gauge... Read full article »
High oil price pushes Kuwait's surplus to record levels
According to figures by the Kuwaiti finance ministry, the Gulf country has achieved a record... Read full article »
Kuwait exempts 6 categories from visa transfer suspension
Kuwaiti social affairs and labour has decided to exempt university graduates, experts and... Read full article »
Zain KSA extends one more time SR9bn loan maturity
The Saudi equity market index Tasi closed flat at 7,177.62 points, so did market bellwether Sabic... Read full article »
DP World shares fall below $14
The FTSE NASDAQ Dubai UAE 20 Index closed 1.43% lower at 2188.23 Wednesday. Dubai Ports (DP)... Read full article »
