Most Gulf stock markets slipped on Sunday after oil prices fell, while Egyptian equities extended gains following the delay of an unpopular capital gains tax.
Brent oil fell $1.17, or 1.8 per cent, to $65.37 a barrel on Friday, de
A new government policy-making council in Saudi Arabia may accelerate privatisations of state-owned companies, Saudi Stock Exchange chief executive Adel Al-Ghamdi said on Tuesday.
The Council of Economic and Development Affairs, c
Kuwait's Capital Markets Authority will separate the settlement of trades from its central depository and make the time allowed for the transfer of securities the same for all investors, to bring its practices in line with international norm
Oil prices fell more than 3 per cent on Thursday as officials from the big global powers stayed locked in nuclear talks with Iran that, if successful, could allow the Islamic state to release more crude oil onto world markets.
Bahrain’s fish stocks could be wiped out within three years unless urgent action is taken, according to an expert.
Agriculture and Marine Resources Directorate marine licences acting head Abdulla Isa said shrimp trawling was
Abu Dhabi's Aabar Investments is preparing a bond that can be exchanged for shares in Italian bank UniCredit SpA, a source familiar with the matter said on Monday.
A spokesman for Aabar, which has a stake of just over 5 per ce
Investors enjoying near-record levels for major stock indexes will scrutinise housing data and other economic indicators in the coming week for hints about the timing of US interest rate hikes to see if the rally will continue.
Brent crude oil fell to around $54 a barrel on Monday, its lowest for more than a month, on rising global inventories and signs of a possible nuclear deal with Tehran that could allow more Iranian oil exports.
Western powers are h
Brent crude rose towards $57 a barrel on Wednesday, paring some of the previous session's sharp losses, after data showed US crude stocks fell for the first time in two months.
The benchmark closed nearly 4 per cent down in th
Gulf stock markets rose in early trade on Sunday after oil made further gains and local companies reported upbeat results.
Brent crude jumped 2.2 per cent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 yea