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Thursday, 26 November 2009 00:27 UAE time

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Wednesday, 16 September 2009

Dubai's index posts strongest gains of all Gulf markets

Financial Markets
UPDATE 6: Emaar among biggest gainers, while banks push Abu Dhabi to higher close.

Dubai's index posts strongest gains of all Gulf markets

Tuesday, 15 September 2009

Drake & Scull International buys back 8m shares

Financial Markets
Dubai contractor takes total shares bought to 30m, part of plan to buy 10%.

Drake & Scull International buys back 8m shares

UAE bourses close higher

Financial Markets
UPDATE 8: Bluechips help push Dubai 1.8% up to 2,029 points, while Abu Dhabi edges 0.2% higher.

UAE bourses close higher

Monday, 14 September 2009

GCC stock markets see gains for sixth month running

Financial Markets
Gulf's indices advance again in August with gains of 2.3% - Markaz data.

GCC stock markets see gains for sixth month running

Property stocks lead UAE bourses lower

Financial Markets
UPDATE 6: Emaar falls 3.8% and Sorouh loses 4.3%, while Etisalat eases 0.4%.

Property stocks lead UAE bourses lower

Sunday, 13 September 2009

SABIC hits 10-month high to boost Saudi index

Financial Markets
UPDATE 6: Air Arabia, Deyaar lead Dubai decline while Qatar, Oman indices end higher.

SABIC hits 10-month high to boost Saudi index

Dubai stock exchange merger a possibility

Financial Markets
Top official says Dubai Financial Market and Nasdaq Dubai merger can be looked at.

Dubai stock exchange merger a possibility

Saturday, 12 September 2009

Banks, Hadco lead Saudi shares up

Financial Markets
Hadco posts 4.98% gain after regulators approved a takeover bid for the firm.

Banks, Hadco lead Saudi shares up

Thursday, 10 September 2009

Dubai, Abu Dhabi close higher

Financial Markets
UPDATE 3: In Abu Dhabi, Etisalat continues to advance boosting benchmark; Emaar up in Dubai.

Dubai, Abu Dhabi close higher

Wednesday, 09 September 2009

Gold price hike impacts Kuwait sales

Financial Markets
Dip in sales of up to 40% noted over last few months as price of yellow metal has continued to rise.

Gold price hike impacts Kuwait sales

Air Arabia leads Dubai index to higher close

Financial Markets
UPDATE 7: Shares up 2.9% on news the carrier is launching new Egyptian low-cost airline.

Air Arabia leads Dubai index to higher close

Tuesday, 08 September 2009

UAE markets extend 3-day winning streak

Financial Markets
UPDATE 6: UAE stock markets edge up on Tuesday, led higher mainly by the banking sector.

UAE markets extend 3-day winning streak

Monday, 07 September 2009

Zain stocks fall amid sale talks

Financial Markets
UPDATE 7: Kuwait telecom firm shares fall 6.4%, while Dubai, Saudi close up.

Zain stocks fall amid sale talks

Sunday, 06 September 2009

Property stocks propel UAE markets higher

Financial Markets
UPDATE 5: Zain boosts Kuwait's index while Oman continues rise to new 2009 high.

Property stocks propel UAE markets higher

Saturday, 05 September 2009

Saudi bourse ends 7-day losing streak

Financial Markets
3 insurance firms, favoured by day-traders, make it among the day's top 5 gainers.

Saudi bourse ends 7-day losing streak

Thursday, 03 September 2009

Property, banks help lift Dubai, Abu Dhabi

Financial Markets
UPDATE 8: Omantel and banks help Muscat's index MSI close 0.7 percent higher at 6,416 points.

Property, banks help lift Dubai, Abu Dhabi

Wednesday, 02 September 2009

Gold price to remain range bound over short term - Fitch

Financial Markets
Market subject to profit taking in Asia, subdued industrial demand in Europe.

Gold price to remain range bound over short term - Fitch

Saudi index slips to 7-week low

Financial Markets
UPDATE 8: Gulf bourses see low volumes; investors cash in due to souring global mood.

Saudi index slips to 7-week low

Tuesday, 01 September 2009

Banks weigh as Saudi index falls for 6th day

Financial Markets
UPDATE 9: Qatar closes at 11-week high while Dubai declines as investors book profits.

Banks weigh as Saudi index falls for 6th day

Monday, 31 August 2009

GCC investor confidence rises in August - Shuaa

Financial Markets
UAE and Qatar drive rise in sentiment about region's economies, stock markets.

GCC investor confidence rises in August - Shuaa

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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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