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Kuwait stocks upgraded
Kuwait's stocks were upgraded to 'neutral' from 'underweight' at Credit Suisse Group, which cited... Read full article »
Mubadala in talks to refinance $2bn loan
Abu Dhabi government investment fund Mubadala is in talks with banks to refinance a $2bn loan due... Read full article »
ADX sees slight gain
The Abu Dhabi Securities Exchange gained 0.27% to 2,766, even though twice as many stocks fell (... Read full article »
DFM falls 0.15%
The Dubai Financial Market fell 0.15% today to close on 1,625, with 12 stocks rising and 10... Read full article »
IMF calls for 'vigorous' restructuring of Dubai-owned firms
A new report by the the International Monetary Fund urges a 'vigorous' restructuring of Dubai's... Read full article »
Dubai World to offer debt restructuring plan in March
State-owned Dubai World will present a proposal to creditors in March to restructure about $22bn... Read full article »
Bahrain hires banks for $1bn bond sale
Bahrain has hired JPMorgan Chase Bank, Deutsche Bank and BNP Paribas to manage the sale of a $1bn... Read full article »
Tadawul rises 0.46%
Saudi Arabia's Tadawul All Share Index gained 0.46% today to close on 6,411, led by the Cement... Read full article »
ADX gains 1.07%
The Abu Dhabi Securities Exchange gained 1.07% today to close on 2,759, as all sectors ended... Read full article »
DFM sees slight rise
The Dubai Financial Market edged up 0.40% today to close on 1,628, with 10 stocks rising and 13... Read full article »
Saudi project finance market may hit $30bn in 2010
Saudi Arabia is on track to complete project finance deals worth about $30bn in 2010, well above... Read full article »
Dubai World aiming to avoid standstill
Dubai World appears to be pursuing a new strategy to restructure its $22bn debt without resorting... Read full article »
Bahrain Financial Exchange appoints new CEO
The Bahrain Financial Exchange (BFX) has announced the appointment of Arshad Khan as managing... Read full article »
Jordan's trade deficit falls
Jordan's Department of Statistics has said that the kingdom's trade deficit had dropped 14.8% in... Read full article »
Tadawul rises 0.79%
Saudi Arabia's Tadawul All Share Index gained 0.79% today to close on 6,382, with 65 stocks... Read full article »
