News Archive
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Asian Infrastructure Investment Bank to fund $301m for Duqm port, rail (Times of Oman - 11/12/2016)

Oman will receive finance to the tune of $301 million from Asian Infrastructure Investment Bank (AIIB) for developing two major transport projects in the country – maritime infrastructure at Duqm and for preparing the country’s first railway system. The

CMA plans to introduce new securities law to safeguard investors (Times of Oman - 11/12/2016)

Oman’s stock market watchdog Capital Market Authority (CMA) has released a draft securities law, which is aimed at protecting the larger interest of investors, with a special treatment to retail investors. The draft law is now circulated among various

Qatar Stock Exchange Weekly Market Report (Gulf Times - 11/12/2016)

The Qatar Stock Exchange (QSE) index gained 140.2 points, or 1.41%, during the week to close at 10,053.95. Market capitalisation increased by 1.17% to QR540.1bn versus QR533.9bn at the end of the previous week. Of the 44 listed companies, 31 ended the

Doha Bank inaugurates representative office in Dhaka (The Peninsula - 11/12/2016)

Doha Bank yesterday announced it inaugurated the Bank's Bangladesh representative office in Dhaka. The inauguration ceremony was held in the presence of Qatar's Ambassador to Bangladesh, Ahmed Mohamed Al Dehaimi; Anis A Khan, Managing Director and CEO of

Ooredoo named strategic partner of DBS (The Peninsula - 11/12/2016)

Ooredoo, in line with its ongoing support for the business sector in Qatar, recently became the Strategic Partner of ‘Doha Business Solutions’ (DBS) and supported its event featuring world-renowned businessman John Mattone. Held at the W Hotel, the event

Emaar launches third luxury project in Saudi Arabia (Trade Arabia - 11/12/2016)

Leading global developer Emaar has announced the launch of its third luxury residential project in Jeddah Gate, an elegant masterplannned community located centrally in the Saudi city, under its Emaar Residences brand of homes. Spread over a total area

Foreigners buy $680m shares on DFM (Trade Arabia - 11/12/2016)

Foreign investors purchased shares worth Dh2.5 billion ($680 million) on the Dubai Financial Market (DFM) over the week, while the value of stocks they sold amounted to Dh2.4 billion ($653 million), said a report. The net foreign investment during the

Bahrain's petro giant gets bids for $5bn refinery expansion (Trade Arabia - 11/12/2016)

Bahrain Petroleum Company (Bapco) has received bids from international construction companies - including consortiums led by Technip, Fluor and Japan's JGC - to expand its Sitra oil refinery under its modernisation program which is expected to cost about

Dubai Investments planning IPO of Emirates District Cooling (The National - 11/12/2016)

Dubai Investments is considering initial public offerings for several of its companies, including a 30 per cent stake in Emirates District Cooling. The state-backed firm plans to raise about US$300 million through from the share sale next year and is

UAE telecoms market to grow 3.7% (Khaleej Times - 11/12/2016)

Driven by the growth in the fixed and mobile data segments as 4G network coverage expands and appetite for faster speeds and additional content increases, the telecommunications market in the UAE will grow at a compound annual rate of 3.7 per cent over

Dubai sees strong demand for off-plan properties priced below Dh1m (Gulfnews - 11/12/2016)

Investors are snapping up off-plan properties with a prices below the Dh2 million mark, while for ready homes the interest is veering more towards those from Dh2 million and over. In fact, since 2015, the transaction levels for properties under Dh1

MSM maintains positive momentum (Oman Daily Observer - 11/12/2016)

In line with its peers elsewhere in the region, the Muscat Securities Market staged strong performance last week with rise in volume and augmenting turnover. While the benchmark MSM30 index rose to 5,667.58 points, the market capitalisation as at the

Bank Muscat, AIG launch phone payment for motor insurance renewal (Oman Daily Observer - 11/12/2016)

Bank Muscat, the flagship financial services provider in the Sultanate, in partnership with leading global insurance company American International Group (AIG), has launched a first of its kind phone payment service in Oman for renewal of motor insurance

Pakistan’s biggest port starts test operations (The Gulf Today - 11/12/2016)

Pakistan’s biggest Deep Water Container Port (DWCP) has started test operations by accommodating the first container ship, APL Japan. The vessel took alongside berth No. 4 of the port for loading around 1,000 twenty-foot equivalent units (TEUs) of export

Pouring private equity into education sector (Saudi Gazette - 11/12/2016)

THE Ministry of Education announced plans to launch a partnership initiative with the private sector as part of a wider initiative to support the Kingdom’s Vision 2030 strategy. The public-private partnership (PPP) plan will promote investment in and

Islamic finance industry growth remains resilient (Arab News - 11/12/2016)

Global Islamic finance development, as measured by the Islamic Finance Development Indicator (IFDI) global average value, declined to 8.8 in 2016 from 9.9 in 2015, reflecting the poor performance of many nations due to aspects that are based on actual

Global petroleum market to enter into a deficit, say analysts (Arab News - 11/12/2016)

With a deal reached between oil-producing nations Saturday in Vienna, analysts at Bank of America Merrill Lynch expect the global oil market to enter into a deficit as soon as the first quarter of 2017. It would be pertinent to mention here that the oil

Do more to boost lira, Erdogan urges Turks (Arab News - 11/12/2016)

President Recep Tayyip Erdogan has urged Turks to step up efforts to boost the Turkish lira by converting more foreign currency, as the campaign launched earlier this month showed only limited effect. Erdogan has spearheaded a national effort to boost

IDB lists $1.25 billion sukuk on Nasdaq Dubai (Trade Arabia - 10/12/2016)

The Islamic Development Bank (IDB) listed a $1.25 billion Sukuk today (December 8) on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the IDB, making it the largest Sukuk issuer on Nasdaq

Listless trading on Muscat bourse (Times of Oman - 08/12/2016)

Amid dull trading activity, the MSM30 Index ended on flat note at 5,656.35 points, up by 0.03 per cent. The MSM Sharia Index closed at 854.23 points, up by 0.18 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. With

US stocks’ bull run seen extending into ’17 (Gulf Times - 08/12/2016)

The US stock market’s bull run since 2009 will extend into 2017 if President-elect Donald Trump’s plans to stimulate the economy with infrastructure spending and financial deregulation come to pass, according to strategists in a Reuters poll. But

Qatar-German trade reaches QR9.5bn in 2015 (The Peninsula - 08/12/2016)

The Qatar-German Joint Economic and Trade Cooperation Committee concluded its 5th meeting yesterday in Doha. The Qatari side was chaired by the Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim Al Thani. While the German side was headed by

Sharjah rents down for second consecutive year (Trade Arabia - 08/12/2016)

The rents in residential and commercial property markets across Sharjah have fallen for a second year in a row, increasing tenancy options in the northern emirate, according to real estate consultancy Cluttons. Sharjah’s residential rental market has

Alba expecting strong finish for 2016 (Trade Arabia - 08/12/2016)

Aluminium Bahrain (Alba), one of the largest and modern aluminium smelters in the world, said it has been performing reasonably well in light of the market conditions and is expecting a strong finish for 2016, said the chairman of Alba’s board of

Emaar’s Alabbar says Dubai property market to see ‘rebalancing’ (The National - 08/12/2016)

Dubai’s real estate market will see a "rebalancing" between supply and demand into next year, according to the head of the emirate’s largest developer. The company expects growth next year even amid the correction in the housing market, Emaar Properties

Most Viewed Companies
Ticker Price Volume
EEC 24.85 583,195
BKMB 0.44 444,710
OTEL 1.5 82,490
GFH 0.51
SABIC 96.75 5,350,083
EMAAR 7.4 18,957,908
SADAFCO 126.75 65,388
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?