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UAE's growth forecast lowered by IMF
The International Monetary Fund has downgraded its forecast for the UAE's economic growth in 2010... Read full article »
Iraqi parliament approves budget
The Iraqi parliament has approved a 2010 budget that sets federal spending at ID84.7 trillion... Read full article »
Saudi inflation rises to 4.3%
Saudi Arabia's annual inflation rose to 4.3% in December, its highest level since September, the... Read full article »
IMF boosts Middle East growth forecast
The International Monetary Fund (IMF) has raised its Middle East's growth forecast this year to... Read full article »
Weekly FX roundup: Currency markets face selling pressure
The currency markets came under heavy selling pressure against the USD this week with the ongoing... Read full article »
Saudi stocks fall 0.94%
Saudi Arabia's Tadawul All Share Index (Tasi) rose 0.94% today to 6,256, with 106 stocks falling... Read full article »
ADX ends slightly lower
The Abu Dhabi Securities Exchange dipped 0.37% today to 2,598. The index was led by the health... Read full article »
DFM falls 3.61%
The Dubai Financial Market fell 3.61% today to close on 1,556, with only four stocks rising, 23... Read full article »
UAE may scrap Emirati workforce quotas
The UAE government may put an end to Emiratisation quotas on private companies and instead offer... Read full article »
Waha Capital posts 442% rise in Q4 profit
Abu Dhabi-based investment firm Waha Capital has reported a 442% surge in its fourth quarter net... Read full article »
Dar sukuk may serve as Gulf benchmark, says Moody's
Moody's Investors Service has said that the planned sukuk by Saudi developer Dar Al Arkan Real... Read full article »
Saudi stocks nudge higher
Saudi Arabia's Tadawul All Share Index (Tasi) gained 0.22% to close on 6,315, with 60 stocks... Read full article »
ADX sees slight gain
The Abu Dhabi Securities Exchange gained 0.32% today to close on 2,608, with 17 stocks rising,... Read full article »
DFM rises 2.82%
The Dubai Financial Market jumped 2.82% today to 1,614, with just one stock falling, 24 rising,... Read full article »
Dubai World assets top $120bn
Dubai World's property and investment assets exceeded $120bn at the end of 2009 and could cover... Read full article »
