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Qatar index rises to 27-month highQatar's bourse rose to a 27-month high on Monday as regional investors bought a market considered a bargain because it has lagged others in the Gulf this year. More… |
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Dubai index soars to fresh four-year highDubai ended the session above 2,000 points for the first time since November 2009 as positive sentiment, fuelled by earnings optimism, drove the market higher. The index advanced 1.8 per cent to 2,021 points. Budget carrier Air Arabia More… |
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UAE, Qatar top Mena tourism performersThe UAE is the top performer in travel and tourism competitiveness in the Mena region, followed by Qatar, according to a report released by the World Economic Forum. The UAE – ranked 28th in the global Index – continue More… |
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GCC firms ‘cautiously optimistic for 2013’Most firms in the GCC remain cautiously optimistic regarding commercial agility, with more than half citing the optimization of operations as a key source of growth in the next 12 months, said a report. Business confidence decreas More… |
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Foreign funds lift Dubai to 34-month highDubai's index hit a 34-month high on Tuesday as foreign investors bought into the emirate's economic recovery, while Egypt's bourse slumped to a 2013 low after the army said political More… |
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Abu Dhabi climbs to fresh 19-month highAbu Dhabi's stock index rose to a fresh 19-month high but approaches a strong resistance level, while weak earnings weighed on Qatar's bourse. Abu Dhabi's index gained 0.3 percent to More… |
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UAE business indicator at 19-month highGrowth in the United Arab Emirates' non-oil private sector rose to a 19-month high in December as new orders increased sharply, a survey showed on Sunday. The HSBC UAE Purchasing Managers More… |
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Kuwait index slumps to 8-year lowIntensifying political turmoil in Kuwait and violent protests triggered another stock market sell-off, dragging the index to its lowest level since August 2004. The benchmark fell 1.9 percent to More… |
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Global stocks to edge higher by year-endCentral bank cash filtering through financial markets will nudge global stocks higher between now and year-end, showed a Reuters poll, with gains in the first half of next year likely to be more modest. Since last year's disas More… |
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GCC to invest $900m in fitout projectsThe Gulf countries led by Qatar and Saudi Arabia will pump more than $900 million into interiors contracting and fit-out developments in the healthcare and education sector by the end of this year, said a report. The data is part More… |
