Banks and petrochem boost Saudi stocks

The Tadawul All-Share Index (Tasi) has gone up by 1.90% last week, closing at 6,382.04 points,... Read full article »
Saudi Arabia: Saturday, January 23 - 2010 at 12:42

DFM falls 1.48%

The Dubai Financial Market (DFM) fell 1.48% to 1,652.26, with four companies rising, three... Read full article »
United Arab Emirates: Thursday, January 21 - 2010 at 16:48

ADX slides 0.64%

The Abu Dhabi Securities Exchange (ADX) fell 0.64% to 2,636.73, with seven stocks rising, three... Read full article »
United Arab Emirates: Thursday, January 21 - 2010 at 16:40

Dubai Group moots Onic stake sale

Dubai Group is in talks with Oman National Investment Corp (Onic) over a possible sale of the... Read full article »
United Arab Emirates: Thursday, January 21 - 2010 at 10:35

Kuwait approves market regulator bill

Kuwaiti lawmakers have voted unanimously in favour of a capital markets bill that will pave the... Read full article »
Kuwait: Thursday, January 21 - 2010 at 10:32

Yemen pumps $150m into FX market to prop up Riyal

Yemen's central bank has said that it injected $150m into the foreign exchange market, in an... Read full article »
Yemen: Thursday, January 21 - 2010 at 10:30

Istithmar World replaces CEO

Istithmar World, the private equity firm of Dubai World, has said that it has replaced its CEO,... Read full article »
United Arab Emirates: Thursday, January 21 - 2010 at 10:27

Saudi stocks rise 0.21%

Saudi Arabia's Tadawul All Share Index (Tasi) gained 0.21% to 6,382 as 68 stocks ended higher... Read full article »
Saudi Arabia: Wednesday, January 20 - 2010 at 17:08

ADX sees slight dip

The Abu Dhabi Securities Exchange nudged down 0.07% today to close on 2,653 on a balanced day of... Read full article »
United Arab Emirates: Wednesday, January 20 - 2010 at 16:27

DFM climbs 0.94%

The Dubai Financial Market gained 0.94% today to close on 1,677. Aramex was one of the day's big... Read full article »
United Arab Emirates: Wednesday, January 20 - 2010 at 14:59

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 »
United Arab Emirates: Wednesday, January 20 - 2010 at 10:31

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 »
United Arab Emirates: Wednesday, January 20 - 2010 at 10:04

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 »
Middle East: Wednesday, January 20 - 2010 at 09:57

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 »
Middle East: Tuesday, January 19 - 2010 at 18:09

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 »
Saudi Arabia: Tuesday, January 19 - 2010 at 16:52