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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 »
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 »
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 »
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 »
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 »
Saudi Arabia: No need to change dollar FX regime
Muhammad al-Jasser, Governor of the Saudi Arabian Monetary Agency (Sama) has ruled out the need... Read full article »
Oman GDP to grow 6.1% in 2010
Oman's finance minister has said the Sultanate's GDP in real terms for 2010 is projected at 6.1%,... Read full article »
Egypt attracts $42.4bn FDI in five years
Mahmoud Mohieldin, Egyptian investment minister has said his country had managed to attract $42.... Read full article »
UAE sets minimum capital for insurance firms
The UAE has set the minimum subscribed or paid up capital of Dhs100m for establishing insurance... Read full article »
Oman spending may rise to 12%
Oman's state news agency has said the Sultanate's budgeted spending is expected to increase by... Read full article »
