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Zain KSA soars on extension of $2.4bn Murabaha facility
The Saudi Arabian Tadawul All-Share Index closed 0.22% higher at 7,043.55 Wednesday. Shares of... Read full article »
Ahli Bank in focus at Qatar Exchange
The QE 20 Index rose 0.44% Wednesday to hit a 2-week high at 8,727.83 points Wednesday. Al Ahli... Read full article »
FGB rises on 2012 net profit increase
The ADX General Index added 0.55% Wednesday to reach 2,854.61 points, mostly fuelled by... Read full article »
Emaar shares have Dhs5 in sight
The DFM General Index extended its gaining streak to the 5th day Wednesday, closing 1.13% higher... Read full article »
Oman Investments and Finance reports 16% drop in net profit
Oman Investments and Finance Co (OIFC) has announced a 16% year-on-year fall in its net profit... Read full article »
S&P revises Mumtalakat outlook to 'Stable'
The outlook of Bahrain's Mumtalakat has been revised by Standard & Poor's Ratings Services to '... Read full article »
Jordan to sell bonds
Jordan is set to tap the bond market for the first time in more than two years, as the kingdom... Read full article »
Kingdom Holding soars on Shar'iah board formation
The Saudi Stock Exchange closed 0.10% higher at 7,027.81 points Tuesday. The shares of Kingdom... Read full article »
BBK gains, confirms news on Arcapita $20m loan
The Bahrain All-Share Index rose by 0.58% Tuesday, closing at 1,085.61 points. The Bank of... Read full article »
QE Index in desperate struggle to crack 8,700 points
The Qatar Exchange 20 Index gained 0.28%, finishing at 8,689.69 points Tuesday. For the last... Read full article »
RAK Cement net loss narrows, shares dive
The ADX General Index gained 1.15% to close at 2,839.04 points Tuesday, the highest level since... Read full article »
Dubai market rises the fourth day straight
The DFM General Index closed 1.75% higher at 1,853.17 points Tuesday amid positive input from... Read full article »
Qatar to issue local bonds this year
The International Monetary Fund has said Qatar is planning to issue local currency sovereign... Read full article »
Egypt says new income tax not to exceed 25%
Egyptian deputy finance minister Osama Tawakol has said the government is not planning to raise... Read full article »
Gulfmena shuts proprietary funds
Dubai-based Gulfmena Investments has decided to close its proprietary funds and to adopt a new... Read full article »
