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Friday, 27 November 2009 01:59 UAE time

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Monday, 12 October 2009

Dubai index sees highest close since Nov 2008

Financial Markets
UPDATE 5: Emaar stocks rise 2.9%, while Saudi index closes almost unchanged.

Dubai index sees highest close since Nov 2008

Sunday, 11 October 2009

UAE bourses end on positive note

Financial Markets
UPDATE 7: Bullish comments about economic prospects lift stocks.

UAE bourses end on positive note

Saturday, 10 October 2009

Saudi shares up, Safco down on poor Q3

Financial Markets
Saudi Arabia's benchmark TASI closes at 6,371 points, up 0.89 percent.

Saudi shares up, Safco down on poor Q3

Thursday, 08 October 2009

Dubai's Drake & Scull closes at all-time high

Financial Markets
UPDATE 5: DFM closes 1.4% higher at 2,297 points, outperforms all other GCC markets.

Dubai's Drake & Scull closes at all-time high

Wednesday, 07 October 2009

Abu Dhabi index touches year-high during trading

Financial Markets
UPDATE 5: Expected good Q3 results push index higher, while Qatar, Dubai close down.

Abu Dhabi index touches year-high during trading

Tuesday, 06 October 2009

Abu Dhabi extends gains into second day

Financial Markets
UPDATE 3: Etisalat rises 0.8%, while First Gulf Bank up 1.7%, Qatar, Bahrain, Kuwait end up.

Abu Dhabi extends gains into second day

Monday, 05 October 2009

Banks, real estate stocks lead UAE markets higher

Financial Markets
UPDATE 4: Emaar rises 2.7%, while First Gulf Bank up 4.1%, Saudi ends lower.

Banks, real estate stocks lead UAE markets higher

More Mideast IPOs expected in Q4

Financial Markets
New report says region has seen 84% less issues so far in 2009, compared to same period last year.

More Mideast IPOs expected in Q4

Sunday, 04 October 2009

Emaar stocks drag Dubai to lower close

Financial Markets
UPDATE 4: Shares end 0.5% lower, while Zain stocks soar 7.8% on Indian stake bid.

Emaar stocks drag Dubai to lower close

Saturday, 03 October 2009

Saudi shares end lower after 10-day rally

Financial Markets
All-share TASI index closed 0.9 percent lower at 6,265 points on Saturday.

Saudi shares end lower after 10-day rally

Friday, 02 October 2009

Consolidation ‘inevitable’ for Gulf bourses - expert

Financial Markets
Qatar Financial Centre non-exec director says the inter-rivalry would play itself out.

Consolidation ‘inevitable’ for Gulf bourses - expert

Thursday, 01 October 2009

Emaar stocks leads Dubai to higher close

Financial Markets
UPDATE 5: Emaar rises 0.5%, while First Gulf Bank leads Abu Dhabi higher.

Emaar stocks leads Dubai to higher close

Wednesday, 30 September 2009

Property stocks boost Dubai's index

Financial Markets
UPDATE 4: Emaar and Union Properties add 2.5% and 2% respectively, while Kuwait and Qatar fall.

Property stocks boost Dubai's index

Tuesday, 29 September 2009

Drake & Scull shares rise on Thailand win

Financial Markets
UPDATE 6: Firm's stocks end 3.1% higher after AED130m deal, while Saudi benchmark advances.

Drake & Scull shares rise on Thailand win

Monday, 28 September 2009

Investor confidence in GCC rises in Sept - Shuaa

Financial Markets
Regional sentiment report shows improvement for second month running.

Investor confidence in GCC rises in Sept - Shuaa

Saudi index bucks local trend to end higher

Financial Markets
UPDATE 6: Weakness in global stocks and falling oil prices weighs on regional sentiment.

Saudi index bucks local trend to end higher

Sunday, 27 September 2009

Dubai reverses early losses to end higher

Financial Markets
UPDATE 7: UAE indexes recover from bad start to advance while Saudi index also rises.

Dubai reverses early losses to end higher

Saturday, 26 September 2009

Banks power Saudi index to 2009 high

Financial Markets
News of brokered deal between Saad Group and local creditors peps bank stocks.

Banks power Saudi index to 2009 high

Thursday, 24 September 2009

Property stocks weigh on Abu Dhabi, Dubai

Financial Markets
UPDATE 2: Emaar Properties falls 2.9% as Dubai's index drops 0.9%; Qatar declines.

Property stocks weigh on Abu Dhabi, Dubai

Wednesday, 23 September 2009

DFM rises as investors remain bullish

Financial Markets
UPDATE 2: Ongoing merger speculation and strong trading volumes lift market.

DFM rises as investors remain bullish

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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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