News Source: Khaleej Times
| about 1 month ago
UAE shares rose on Tuesday, boosted by higher Asian markets, while overnight gains on Wall Street revived investors� appetite for riskier assets. Dubai-based engineering and contracting company Drake & Scull International, climbed by 3.1 per cent...
News Source: Khaleej Times
| about 1 month ago
The four members of the Gulf Cooperation Council comprising Saudi Arabia, Kuwait, Bahrain and Qatar are expected to ratify the monetary union agreement by the end of this year, according to a top official. Mohamad Al Mazroui, assistant secretary-...
News Source: 7days
| about 1 month ago
There is no reason for alarm over the UAE banking sector’s exposure to Saudi groups in turmoil, speaker of the Federal National Council (FNC) and chief executive of Mashreq said in a newspaper yesterday. Saudi family banking conglomerates Saad...
News Source: Times of Oman
| about 1 month ago
The MSM-30 Index increased 0.260 per cent yesterday to close at 6,600 points. The total shares exchanged increased sharply by 162.2 per cent to 83.442 million shares and the total value traded increased by 69.8 per cent to RO19.752 million.
News Source: Khaleej Times
| about 1 month ago
UAE shares pulled back on Monday as investors cashed in gains from previous rallies, while crude oil prices dropping below $64 a barrel, helped dampen sentiment. Dubai index heavyweight Emaar Properties fell by as much as 4.9 per cent but clawed...
News Source: Zawya Market News
| about 1 month ago
Most Gulf Arab bourses fell across the region on Monday, reversing the previous day's gains, as they tracked weaker global markets and drifting oil prices, with Saudi Arabia the only market to rise. "Oil is below $66 and Asian markets sold off quite...