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Shuaa bucks profit-takings at Dubai market
After hitting the upper Bollinger Band last Thursday as a result of a six-day gaining streak, the... Read full article »
Egypt keeps interest rates unchanged
Egypt's central bank has kept interest rates unchanged, weighing inflation risks against slower... Read full article »
Sabic plant hit by union action in the Netherlands
One day after the US bellwether index Dow Jones Industrial closed above 14,000 (a first since... Read full article »
Saudi Arabia sees inflationary pressures stable in 2013
The Saudi Arabian Monetary Agency (Sama) has said inflationary pressures in the kingdom should... Read full article »
Dubai Group debt restructuring deal to be reached soon
Emirates NBD has said Dubai Group's $6bn debt restructuring with banks should be agreed in the "... Read full article »
DP World shares consolidate above $13
The FTSE NASDAQ Dubai UAE 20 Index gained 0.90% Thursday, ending at 2,112.090. Dubai Ports (DP)... Read full article »
Bahrain's Al Salam Bank rallies as profits skyrocket
The Manama-based Bahrain All-Share Index closed flat at 1,085.14 Thursday. Year-to-date, the... Read full article »
Kuwait Stock Exchange index rises on bullish W-formation
The KSE Market Index added 0.06% Thursday, closing at 6,245.11. The market measure surged 5.23... Read full article »
ADCB adds slightly, reports lower FY net profit
The Abu Dhabi market ended the month on a high note, as the ADXGI closed 0.92% higher at 2,877.36... Read full article »
Dubai market gains 16.06% in January
The DFM General Index advanced for the 6th consecutive day Thursday, closing 0.72% higher at 1,... Read full article »
Egypt rating cut by Fitch on unrest
Fitch Ratings has downgraded Egypt's debt, citing political violence and budget strains, as the... Read full article »
Turkish gold shunned by Dubai dealers over possible Iran link
A growing number of banks and dealers in Dubai are refusing to buy Turkish gold bars to avoid the... Read full article »
Qatar plans $1.34bn investment in Greece
Qatar has pledged to invest up to €1bn ($1.34bn) in Greek companies, which could help Greece... Read full article »
Japanese bank ordered to give Iranian funds to '96 bombing victims
A US court has ordered the Bank of Tokyo-Mitsubishi UFJ to turn over funds belonging to Iran-... Read full article »
UAE issues new currency notes with more security features
The UAE central bank has announced it would put in circulation two currency notes of Dhs100 and... Read full article »
