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Saudi to fine sponsors refusing transfer
The Saudi labour ministry has warned it will fine Saudi sponsors for not transferring workers... Read full article »
Egypt's credit rating cut further
Egypt's credit rating has been cut further by Standard & Poor's into junk territory, saying Cairo... Read full article »
DP World shares rise 50 pct-in the last 12 months
The FTSE NASDAQ Dubai UAE 20 Index closed at 2483.50 Thursday, up 12.580 or 0.51%. Dubai Ports (... Read full article »
Bahrain Bourse stays on the winning track
The Bahrain All-Share Index closed 0.38% higher at 1,134.31 points Thursday. Aluminium Bahrain or... Read full article »
Qatar Exchange halts 5-day gaining streak
Investors in Doha took proftit ahead of the week, sending the QE 20 Index down by 0.12% to 8,847.... Read full article »
Abu Dhabi market investors hail Dana Gas sukuk refinancing
The Abu Dhabi Securities Exchange (ADX) saw its market index rising by 0.76% to close at 3,369.21... Read full article »
Shuaa Capital jumps on Dubai Group debt deal
The DFM General Index consolidated at a 3.5-year high Thursday by closing up 0.70% at 2,177.68... Read full article »
US seeking to block Iran's access to foreign exchange reserve
A group of US senators have introduced legislation that aims to block Iran's access to billions... Read full article »
IMF says Kuwait's reliance on oil to fund projects risky
The International Monetary Fund (IMF) has said that Kuwait should sell bonds rather than rely on... Read full article »
Petrochems lift Tadawul bourse
The Saudi Arabian Tadawul All-Share Index climbed up by 0.33% to reach 7,206.27 Wednesday, ending... Read full article »
Doha-listed shares gain across the board
A volatile QE 20 Index added 0.14% to 8,858.29 Wednesday. Qatar National Bank or QNB closed up 1.... Read full article »
Alba results trigger joy at Manama market
The Bahrain All-Share Index gained the 4th session straight Wednesday, closing at 1,130.03... Read full article »
Scotland operations halt, Canada oil weigh on Taqa Q1 results
The ADX General Index advanced 0.12% to reach 3,343.82 points Wednesday. Abu Dhabi National... Read full article »
China trade, German industry give Dubai market a reboot
A volatile DFM General Index closed 0.60% higher at 2,162.55 points Wednesday. Bullish trade data... Read full article »
Saudi public subsidies 'distorting economy'
Saudi Arabia's economy and planning minister, Mohammed al-Jasser has said public subsidies,... Read full article »
