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Dubai committed to repayment of $10bn loan

The Investment Corporation of Dubai (ICD) has said the emirate is on track to repay a $10bn loan... Read full article »
United Arab Emirates: Monday, October 22 - 2012 at 04:08

GIC raises $325m from Swiss franc bonds

Regional financial firm owned equally by the six countries of the GCC, Gulf Investment Corp (GIC)... Read full article »
Kuwait: Monday, October 22 - 2012 at 04:05

Kuwait market plummets as country heads for another election

The KSE market index fell 3.05% Sunday, closing at 5,729.38. Financials in particular posted... Read full article »
Kuwait: Sunday, October 21 - 2012 at 16:03

Qatar's United Development Company closes even, publishes nine-month results

The Qatar Exchange closed 0.05% lower at 8.538.21 points Sunday. United Development Company (UDC)... Read full article »
Qatar: Sunday, October 21 - 2012 at 15:48

RAK Properties nine-month profit, share price dive

Ahead of the Islamic Eid-ul Adha festival end of this week, the Abu Dhabi market index ADXGI... Read full article »
United Arab Emirates: Sunday, October 21 - 2012 at 14:19

Dubai bourse enters Eid week with a loss

Following index losses in New York and Riyadh on Friday and Saturday, respectively, amid... Read full article »
United Arab Emirates: Sunday, October 21 - 2012 at 13:59

DEC: Eurozone debt crisis has no effect on UAE

The Dubai Economic Council (DEC) has said the UAE economy is immune from external economic shocks... Read full article »
United Arab Emirates: Sunday, October 21 - 2012 at 02:37

Saudi Telecom falls in value amid mixed quarterly results

Despite negative input from U. S. markets and the consequent dip in oil prices, the Tadawul All-... Read full article »
Saudi Arabia: Saturday, October 20 - 2012 at 20:26

Mannai Corp posts 47% rise in nine-month net income

Qatari conglomerate Mannai Corp has reported a 47% year-on-year jump in net profit for the nine... Read full article »
Qatar: Saturday, October 20 - 2012 at 05:58

QIF seeks shareholders nod to invest in KSA

The Qatar Investment Fund (QIF) is seeking shareholder approval to invest in Saudi Arabia as the... Read full article »
Qatar: Saturday, October 20 - 2012 at 05:57

Bahrain market index remains GCC's trouble child

The Manama-based Baharain All-Share Index slipped 0.16% Thursday, finishing a dull week of... Read full article »
Bahrain: Thursday, October 18 - 2012 at 16:19

Mannai Corp. nine-month profit soars, so does its share price

The QE 20 Index added 0.10% to reach 8,542.14 points. Multi-industrial group Mannai Corporation... Read full article »
Qatar: Thursday, October 18 - 2012 at 15:37

Gulf Pharmaceutical Industries posts slightly higher nine-month profit

The Abu Dhabi market measure ADX General index fell 0.13% to 2,652 Thursday. Shares of Gulf... Read full article »
United Arab Emirates: Thursday, October 18 - 2012 at 15:11

Positive foreign trade figures from July push Dubai market higher

The DFM General Index closed 0.66% higher at 1,654.42 points amid dull trading activity. Earlier... Read full article »
United Arab Emirates: Thursday, October 18 - 2012 at 14:53

Eid to begin on October 25 in UAE

The UAE's Ministry of Labour has announced that the Eid Al-Adha break will run from Thursday 25... Read full article »
United Arab Emirates: Thursday, October 18 - 2012 at 09:47
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