Oman rolls out new tax law

A new corporate tax law has been put into effect in Oman. The new law imposes income tax at a... Read full article »
Oman: Wednesday, January 06 - 2010 at 10:33

Kingdom Holding reduces capital

A request by Saudi Kingdom Holding to reduce its paid-up capital by more than 40% has been... Read full article »
Saudi Arabia: Wednesday, January 06 - 2010 at 10:20

Saudi index sees slight gain

Saudi Arabia's Tadawul All Share Index (Tasi) rose 0.6% today, even though there fewer stocks... Read full article »
Saudi Arabia: Tuesday, January 05 - 2010 at 17:05

ADX gains 0.60%

The Abu Dhabi Securities Index gained 0.60% to close on 2,774 today, as all sectors ended lower... Read full article »
United Arab Emirates: Tuesday, January 05 - 2010 at 14:42

DFM nudges slightly higher

The Dubai Financial Market ended the day with a slight gain of 0.09%, as eleven stocks rose, 12... Read full article »
United Arab Emirates: Tuesday, January 05 - 2010 at 14:29

Weekly FX updates: 2010 Dollar prospects boosted by year-end rally

The Greenback ended the year on a positive note, rising against all its major counterparts as the... Read full article »
Middle East: Tuesday, January 05 - 2010 at 11:00

Abu Dhabi Economic Department inks deal with SCA

Abu Dhabi Economic Department has signed a joint cooperation agreement with the Emirates... Read full article »
United Arab Emirates: Tuesday, January 05 - 2010 at 10:32

Saudi stocks rise 0.84%, led by SABIC

Saudi Arabia's Tadawul All Share Index (Tasi) closed up slightly by 0.84% to 6,201. Saudi Basic... Read full article »
Saudi Arabia: Monday, January 04 - 2010 at 17:05

Abu Dhabi stocks see slight dip

The Abu Dhabi Securities Exchange fell 0.51% today to close on 2,758 as all sectors finished... Read full article »
United Arab Emirates: Monday, January 04 - 2010 at 15:51

DFM falls 2.60%

The Dubai Financial Market fell 2.60% today to close on 1,817, as only one of the 28 stocks... Read full article »
United Arab Emirates: Monday, January 04 - 2010 at 15:42

Jadwa Investment buys stake in Gulf Union Foods Company

Saudi-based Jadwa Investment has announced it has completed the acquisition of a substantial... Read full article »
Saudi Arabia: Monday, January 04 - 2010 at 11:02

Kuwait to float five tenders

Kuwait plans to float five tenders for key projects in 2010, as the first step towards the... Read full article »
Kuwait: Monday, January 04 - 2010 at 10:57

Tadawul stays level

Saudi Arabia's Tadawul All Share Index (Tasi) closed up slightly by 0.13% to 6,149.91. Fifty-... Read full article »
Saudi Arabia: Sunday, January 03 - 2010 at 17:12

DFM up 3.44% as Emaar prepares for Burj Dubai launch

The Dubai Financial Market closed up by 3.44% to 1,865.59, with 23 stocks rising, compared to... Read full article »
United Arab Emirates: Sunday, January 03 - 2010 at 17:09

ADX begins week up 1%

The Abu Dhabi Securities Exchange (ADX) ended the day up by 1.05% to 2,772.34, with 20 stocks... Read full article »
United Arab Emirates: Sunday, January 03 - 2010 at 17:06