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Saudi Arabia announces record budget for 2013
Saudi finance minister Ibrahim Alassaf has said the cabinet has set a record state budget for... Read full article »
Central bank sees Kuwait inflation to continue falling next year
Kuwaiti central bank governor Mohammed al-Hashel has said inflation will slow to 4.3% this year... Read full article »
Saudi Arabia's ACE Coop Insurance rises on product approval
The Tadawul All-Share Index or Tasi gained 0.16% Saturday, closing at 6,877.06 points amid thin... Read full article »
ADX to implement 'Call Auctions"
The Abu Dhabi Securities Exchange (ADX) has unveiled plans to implement a new trading mechanism... Read full article »
Egypt plans to increase bond sale target by 60%
The Egyptian finance ministry plans to sell about 60% more government bonds next quarter after... Read full article »
FTSE NASDAQ Dubai UAE 20 index hits one-month high
The FTSE NASDAQ Dubai UAE 20 Index, which measures the performance of 20 liquid stocks listed on... Read full article »
Bahrain Bourse to end on high in 2012
The Bahrain All-Share Index soared to a six-week high Thursday, closing up 1.16% at 1,063.92... Read full article »
Mazaya Qatar soars on property purchase offer
The Doha-based QE 20 Index fell for the 5th consecutive day, ending 0.20% lower at 8,311.22... Read full article »
Aldar, FGB lift Abu Dhabi market,...again
The ADX General Index recovered a quarter percentage point Thursday, ending at 2.625.51 points.... Read full article »
DFM shares surge as market volumes rise
The DFM General Index closed near a three-week high at 1,610.84 points Thursday. Shares of the... Read full article »
Sanctions hit UAE re-exports to Iran
Abdulla Al Saleh, the UAE undersecretary for foreign trade has said the country's re-exports to... Read full article »
Egypt postpones sales tax hike for two weeks
Egypt's planning minister Ashraf al-Araby has said the government will not implement a series of... Read full article »
Jordan price hike 'important step': IMF
The International Monetary Fund (IMF) has said the decision by the Jordanian government to raise... Read full article »
United Arab Bank obtains USD 125m club loan facility
United Arab Bank, whose shares are listed on the Abu Dhabi market ADX, said Wednesday it obtained... Read full article »
SABIC, Dallah Healthcare push Tadawul market up
The Riyadh-based market measure Tasi ended a three-day losing streak Wednesday, closing unchanged... Read full article »
