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ADX gains 0.71%
The Abu Dhabi Securities Exchange rose 0.71% today to close on 2,729. The index was led by the... Read full article »
DFM rises 0.48%
The Dubai Financial Market gained 0.48% today to close on 1,621, with 18 stocks rising and two... Read full article »
Dubai's '09 inflation rate lowest in five years
Dubai witnessed its lowest inflation rate in five years in 2009, according to a new report by the... Read full article »
Shuaa joins Nasdaq Dubai's equity derivatives market
Dubai-based investment firm Shuaa Capital has said it has become a trading member on Nasdaq... Read full article »
Standard and Poor's launches credit rating scale for GCC
Standard and Poor's Rating Services has unveiled a new regional credit rating scale for the Gulf... Read full article »
UAE not looking at rejoining Gulf union, says CB governor
The UAE's central bank governor, Sultan Nasser al-Suweidi, has said the country is not discussing... Read full article »
Moody's upgrades Saudi Arabia rating
Moody's Investors Service has affirmed the ratings of its government-related issuers in Saudi... Read full article »
Tadawul rises 0.76%
Saudi Arabia's Tadawul All Share Index gained 0.76% today to close on 6,332, with 68 stocks... Read full article »
Abu Dhabi stocks drop 0.58%
The Abu Dhabi Securities Index fell 0.58% today to close on 2,710, with only the Construction... Read full article »
DFM falls 0.20%
The Dubai Financial Market dipped 0.20% to 1,614, with 14 stocks falling and seven stocks rising.... Read full article »
Weekly FX roundup: Greek uncertainty hounds markets
The markets moved lower this past week against the dollar on continued decaying of risk... Read full article »
Saudi official says dollar should expect competition
The governor of the Saudi Arabian Monetary Agency has said the US dollar will see competition... Read full article »
Dubai World says it made no offer to creditors
A spokeswoman for Dubai's Department of Finance has said that an offer to creditors on the state-... Read full article »
Gulf Finance House posts $607m Q4 loss
Bahrain's Gulf Finance House has recorded a $607m fourth-quarter loss compared to an $11m loss... Read full article »
Aabar eyes investment in UAE, Algeria ventures
Abu Dhabi-based investment firm Aabar Investments has said its board will consider investments in... Read full article »
