Market Current Level Change
Saudi Stock Exchange 8,233.05 -82.37 (-0.99%)
Dubai Financial Market 3,026.32 -7.95 (-0.26%)
Abu Dhabi Stock Exchange 4,671.03 -18.17 (-0.39%)
Kuwait Stock Exchange 4,810.20 21.03 (0.44%)
Bahrain Stock Exchange 1,269.20 -13.24 (-1.03%)
Muscat Securities Market 4,740.72 -21.30 (-0.45%)
Qatar Exchange 9,109.64 -45.33 (-0.50%)
GulfBase GCC Index 4,554.42 -13.02 (-0.29%)
52% of Saudi women lack skills ‘a myth’ to join workforce:Study

(Saudi Gazette - 4/25/2018 6:24:00 AM)

More than half (52%) of women in Saudi Arabia believe the perception that they are not equipped with the necessary skill sets to join the workforce in the Kingdom is the biggest myth hindering their success and employment. This is according to a new...

Aramco sponsors SPE Symposium

(Saudi Gazette - 4/25/2018 6:23:00 AM)

Saudi Aramco is participating as a Diamond Sponsor and exhibitor in the Society of Petroleum Engineers (SPE) KSA section’s Annual Technical Symposium & Exhibition (ATS&E). The event is taking place at the Dhahran Expo exhibition center from April 23-26,...

Manazel Real Estate wins Housing & Urban Development Award

(Saudi Gazette - 4/25/2018 6:21:00 AM)

Manazel Real Estate PJSC, a leading UAE developer, has won the prestigious Housing & Urban Development Award at the 2018 Global Infrastructure Congress. The award was presented by Dr. Abdullah Belhaif Al Nuaimi, the UAE’s Minister of Infrastructure...

Saudi inflation starts to edge down as VAT impact lessens

(Arab News - 4/25/2018 6:19:00 AM)

Saudi Arabia’s inflation rate has started to slowly decline as the impact of value-added tax (VAT) and subsidy cuts introduced at the start of the year begin to lessen.<br/><br/> Consumer prices rose by 2.8 percent year on year in March, according to...

Saudi-backed fund invests with Alphabet

(Arab News - 4/25/2018 6:05:00 AM)

SoftBank’s Vision Fund, backed by Saudi Arabia’s Public Investment Fund and the UAE’s Mubadala, invest in China’s ‘Uber for Trucks.’ <br/><br/> Saudi Arabia’s appetite for investment in technology shows no sign of abating as reports emerge that a fund...

Saudi Aramco arm to start Asian crude trading in third quarter of 2018

(Times of Oman - 4/25/2018 6:03:00 AM)

Saudi Aramco's trading arm plans to start handling crude in Asia through its office in Singapore in the third quarter of this year and aims to boost its volumes for trading crude and refined products to 6 million barrels per day (bpd) by 2020.<br/><br/>...

Britain hails new optimism about Brexit deal for financial services

(Times of Oman - 4/25/2018 6:01:00 AM)

The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London's hopes of retaining its status as a top global financial...

US dollar strengthens as geopolitical risks ease

(The National - 4/25/2018 5:59:00 AM)

It’s been a wonderful week for greenback long positions, with the US Dollar Index closing at three-month highs on Monday. From April 17 until April 23, the Index gained 1.77 per cent in five trading sessions and has comfortably closed above our upper...

Asia overtakes West as GCC wealthy’s preferred investment haven

(The National - 4/25/2018 5:56:00 AM)

Global investors from the GCC are more interested in investing in emerging markets such as China and India in 2018 than Europe and the US, as the cost of assets in the developed world rises, according to a survey by Emirates Investment Bank (EIB), a...

Qatar-Kuwait delegation to visit Philippines to explore investment opportunities

(Gulf Times - 4/25/2018 5:53:00 AM)

A delegation comprising Qatari and Kuwaiti investors are slated to visit the Philippines to explore investment opportunities in the export manufacturing and halal sectors, an official of the Philippine Economic Zone Authority (Peza) said.<br/><br/> Peza...