Gulf bourses urged 'to consolidate'Regional stock markets are far too small to serve the needs of capital markets, according to Al Zayani Investments chairman Hamid Rashid Al Zayani. European capital markets are effectively covered by one trading system with Euronext while More… |
Gulf bourses fall on Q4 results fearsGulf Arab bourses declined on Tuesday as a fall in oil prices and expectations of weak fourth-quarter earnings weighed on investors sentiment. In the United Arab Emirates, real estate and bank stocks were the hardest hit. Dubai's Emaar Pro More… |
Gulf bourses track global rallyGulf Arab bourses rose on Thursday as investors took heart from a global stock rally and government measures designed to limit the impact of the global financial crisis on their economies. Dubai extended gains into a third day, pushed up b More… |
Gulf stocks fall despite emergency measuresGulf bourses fell on Sunday as fear-stricken investors scrambled for cash, with Dubai's real estate sector and Qatari and Omani banks among the worst hit. Gulf states took emergency measures to boost confidence in the financial system, inc More… |