AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.
The DFM General Index opened even but eventally slipped 0.33% to close at 1,437.03 points. Earlier in the day, UAE Minister of Economy Sultan Bin Saeed Al-Mansouri said he expects the country's real GDP in 2012to slow down to 3% from 4.2% in 2011, "because global risk factors have increased, with regards to the Euro zone debt crisis and a possible slowdown in China." Emaar Properties, as the most liquid share, fell 1.08% to Dhs2.76. Bank Emirates NBD bucked the downtrend, gaining 1.85% to reach Dhs2.75. Markets in Asia and Europe gave also bad input tot the DFM, as Grexit-fears and the debt-pain in Spain remain on top of traders' agenda. Some 87.6m shares were traded, valued at Dhs95.2m.