Wednesday 30 July 2014
 
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Bahrain plans crackdown on fish smuggling

A new crackdown on fish smuggling has been launched amid growing fears of depleting stocks in Bahrain.   The Municipalities and Urban Planning Affairs Ministry wants to introduce tougher penalties, saying the exi

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New lab to help boost Bahrain's fish stocks

China is helping Bahrain set up a new laboratory that will support efforts to replenish the nation's depleted fish stocks.   It will analyse fish diseases and water samples once it is fully operational at its

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Etisalat lists $7bn bonds on Irish Stock Exchange

Emirates Telecommunications Corporation (Etisalat), a leading telecoms operator in the Middle East, Asia and Africa, has completed the listing of its $7 billion Global Medium Term Note (GMTN) programme on the Irish Stock Exchange (ISE). 

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UAE, Qatar prepare for passive fund inflows

Stock markets in Dubai, Abu Dhabi and Qatar will see relatively large one-off inflows of money at the end of May as funds tracking the MSCI indexes adjust their positions in line with updated benchmarks. MSCI will move stocks from

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Saudi barley reserves at 4m tonnes

Saudi Arabia, one of the world's largest barley importers, has a strategic reserve of four million tonnes to last the kingdom for around eight months, a Gulf-based industry source with knowledge of the matter told Reuters. &nb

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ADCB to buy back 3pc of its shares

Abu Dhabi Commercial Bank (ADCB) plans to buy back a further three per cent of its shares this year, as it seeks to enhance its stock value, its chief executive said.   The emirate's third-largest lender by m

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UAE bourses must unify back offices: ADX

Stock markets in the UAE should unify their back office operations and processes for settlement and regulation, the chief executive of the Abu Dhabi Securities Exchange (ADX) said on Sunday. Last year Abu Dhabi and neighbouring Du

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Brent edges up towards $108

Brent crude futures edged up towards $108 a barrel on Thursday after positive economic data from China, the world's second-largest oil consumer, helped offset another rise in US crude stockpiles that had depressed prices overnight.

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Brent steadies above $109 after overnight losses

Brent steadied above $109 per barrel on Thursday, following steep overnight losses as data showed US crude stocks rose by the most in a year last week. Festering uncertainty over the budget standoff in Washington continued to clou

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Warba Bank to list on stock market Sept 3

Warba Bank, a Kuwait-based Islamic lender set up three years ago, will be listed on the country's stock exchange on September 3 after a restriction on public trading of the stock ended, an analyst and an industry source familiar with the mat

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