GMG granted licence to operate from DIFC

GMG Limited, part of Switzerland-based G2 Group, has received a licence by the Dubai Financial... Read full article »
United Arab Emirates: Monday, January 18 - 2010 at 10:18

DFM slips 1.98%

The Dubai Financial Market (DFM) fell 1.98% to 1,673.60, with only three stocks rising, 18... Read full article »
United Arab Emirates: Sunday, January 17 - 2010 at 16:32

ADX sees index fall 1.22%

The Abu Dhabi Securities Exchange (ADX) fell 1.22% on Sunday, going down to 2,674.04. Only four... Read full article »
United Arab Emirates: Sunday, January 17 - 2010 at 16:15

Saudi Fransi: Private sector to grow 3.7% in 2010

Banque Saudi Fransi has said the private sector in the kingdom is expected to recover to 3.7% in... Read full article »
Saudi Arabia: Sunday, January 17 - 2010 at 10:42

Eastern Holding to launch $100m for new projects

Jordan-based Eastern Holding Group has announced it plans to launch $100m worth of new projects... Read full article »
Jordan: Sunday, January 17 - 2010 at 10:17

Yemen to set up stock market

Jalal Omar Yaqoub, Yemen's deputy finance minister has announced the signing of a memorandum of... Read full article »
Yemen: Saturday, January 16 - 2010 at 10:56

Kuwait to up spending by $52bn

Kuwait's finance minister, Mustafa al-Shimali has said the Gulf state may increase spending to as... Read full article »
Kuwait: Saturday, January 16 - 2010 at 10:44

DFM slips slightly at end of week's trading

The Dubai Financial Market (DFM) fell 0.29% to 1,707.37 today, with 13 stocks rising, eight... Read full article »
United Arab Emirates: Thursday, January 14 - 2010 at 16:20

ADX slips down 0.24%

The Abu Dhabi Securities Exchange (ADX) fell 0.24% to 2,707.20 on its last day of trading of the... Read full article »
United Arab Emirates: Thursday, January 14 - 2010 at 16:18

HSBC: GCC business confidence falls in Q4

HSBC Bank Middle East has said that confidence levels of the business community in Kuwait and... Read full article »
Middle East: Thursday, January 14 - 2010 at 11:07

Fitch: Saudi ratings affirmed at AA-

Saudi Arabia's Long-term local and foreign currency Issuer Default ratings (IDRs) have been... Read full article »
Saudi Arabia: Thursday, January 14 - 2010 at 10:55

Saudi index sees slight dip

Saudi Arabia's Tadawul All Share Index (Tasi) nudged down 0.05% to 6,262, with 83 stocks falling... Read full article »
Saudi Arabia: Wednesday, January 13 - 2010 at 16:50

ADX falls 1.62%

The Abu Dhabi Securities Index fell 1.62% today to close on 2,713, as 28 of the 32 stocks traded... Read full article »
United Arab Emirates: Wednesday, January 13 - 2010 at 15:20

Dubai stocks fall again

The Dubai Financial Market fell 2.65% today to close on 1,712, as only three of 31 stocks ended... Read full article »
United Arab Emirates: Wednesday, January 13 - 2010 at 15:09

Barclays recommends selling Nakheel bonds

Barclays Capital has issued a new report a report which recommends that investors sell their... Read full article »
United Arab Emirates: Wednesday, January 13 - 2010 at 10:40