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Dubai's debt may be $170bn, says report
The total debt of Dubai could be as much as $170bn, far higher than previously reported,... Read full article »
Nakheel pays interest on $750m bond
Dubai-based developer Nakheel has paid the $10.3m coupon on a $750m bond maturing in 2011, a... Read full article »
Corporate credit quality in GCC to stabilise
A report by ratings agency Moody's has said that corporate credit quality in the GCC will... Read full article »
Weekly FX roundup: Greek debt weighs on EUR
The currency markets were largely mixed last week before closing lower across the board against... Read full article »
Saudi stocks fall 0.63%
Saudi Arabia's Tadawul All Share Index (Tasi) slipped 0.63% to 6,368, as all sectors ended lower.... Read full article »
ADX sees slight dip
The Abu Dhabi Securities Exchange fell 0.89% to 2,655 as 22 of the 30 stocks traded ended lower.... Read full article »
DFM slips 1.57%
The Dubai Financial Market fell 1.57% to close on 1,661, as 22 of the 27 stocks traded on the day... Read full article »
Saudi Arabia leads investment in Jordan
Figures by the Jordan Investment Board (JIB) have indicated that Saudi investments in Jordan have... Read full article »
Abu Dhabi expects economy to grow 4%
A UAE government official has said that the economy of the emirate of Abu Dhabi will grow by up... Read full article »
Abu Dhabi's aid to Dubai shrinks by half
A Dubai government spokesperson said yesterday the $10bn bailout for the emirate from Abu Dhabi... Read full article »
Saudi stocks end slightly higher
Saudi Arabia's Tadawul All Share Index (Tasi) rose 0.24% to 6,409, with 63 stocks falling and 50... Read full article »
ADX sees slight rise
The Abu Dhabi Securities Exchange nudged up 0.20% to close on 2,679, as 16 stocks ended higher,... Read full article »
DFM gains 0.87%
The Dubai Financial Market climbed 0.87% today to close on 1,688, as 16 stocks ended higher, five... Read full article »
ACIG to raise capital by 150%
Omar Hafiz, chief executive of Saudi Arabia's Allied Cooperative Insurance Group (ACIG), has said... Read full article »
Citadel Capital to invest $400m in East Africa
Egyptian investment firm, Citadel Capital, has revealed plans to invest up to $400m over the next... Read full article »
