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Kuwait budget records KD12.9bn in 9-month revenues
Kuwait's state budget has reported KD12.9bn in revenues by December 31, 2009, the end of the... Read full article »
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 »
DFM falls 1.48%
The Dubai Financial Market (DFM) fell 1.48% to 1,652.26, with four companies rising, three... Read full article »
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 »
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 »
Kuwait approves market regulator bill
Kuwaiti lawmakers have voted unanimously in favour of a capital markets bill that will pave the... Read full article »
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 »
Istithmar World replaces CEO
Istithmar World, the private equity firm of Dubai World, has said that it has replaced its CEO,... Read full article »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
