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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 »
Saudi Arabia: Sunday, December 30 - 2012 at 03:33

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 »
Kuwait: Sunday, December 30 - 2012 at 03:32

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 »
Saudi Arabia: Saturday, December 29 - 2012 at 18:26

ADX to implement 'Call Auctions"

The Abu Dhabi Securities Exchange (ADX) has unveiled plans to implement a new trading mechanism... Read full article »
United Arab Emirates: Saturday, December 29 - 2012 at 02:48

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 »
Egypt: Saturday, December 29 - 2012 at 02:48

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 »
United Arab Emirates: Thursday, December 27 - 2012 at 15:08

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 »
Bahrain: Thursday, December 27 - 2012 at 14:23

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 »
Qatar: Thursday, December 27 - 2012 at 14:14

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 »
United Arab Emirates: Thursday, December 27 - 2012 at 14:06

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 »
United Arab Emirates: Thursday, December 27 - 2012 at 13:54

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 »
United Arab Emirates: Thursday, December 27 - 2012 at 05:08

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 »
Egypt: Thursday, December 27 - 2012 at 05:08

Jordan price hike 'important step': IMF

The International Monetary Fund (IMF) has said the decision by the Jordanian government to raise... Read full article »
Jordan: Thursday, December 27 - 2012 at 05:08

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 »
United Arab Emirates: Wednesday, December 26 - 2012 at 20:31

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 »
Saudi Arabia: Wednesday, December 26 - 2012 at 17:18
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