Market Current Level Change
Saudi Stock Exchange 6,878.68 46.38 (0.68%)
Dubai Financial Market 3,461.43 -13.30 (-0.38%)
Abu Dhabi Stock Exchange 4,495.28 13.39 (0.30%)
Kuwait Stock Exchange 7,043.46 23.28 (0.33%)
Bahrain Stock Exchange 1,375.55 8.52 (0.62%)
Muscat Securities Market 5,635.08 17.40 (0.31%)
Qatar Exchange 10,445.24 49.26 (0.47%)
GulfBase GCC Index 4,329.41 30.93 (0.72%)
Oman shares fall taking cues from regional bourses

(Times of Oman - 3/23/2017 7:51:00 AM)

Following regional cues, the MSM30 Index dropped 0.22 per cent to finish at 5,617.68 points. The MSM Sharia Index closed at 843.70 points, down 0.32 per cent. Bank Sohar was the most active in terms of volume while Omantel was the most active in terms of...

Oman well positioned to develop halal food industry, say experts

(Times of Oman - 3/23/2017 7:49:00 AM)

Oman has several advantages in tapping the growing market for Islamic or Sharia-compliant products and services across the world, according to Islamic finance experts, who attended a major conference here recently. “Islamic food or the halal industry is...

QSE holds educational day at Qatar University college to raise student

(Gulf Times - 3/23/2017 7:47:00 AM)

The Qatar Stock Exchange (QSE), in cooperation with Qatar University, yesterday held an educational day at the College of Business and Economics. The event, which included a simulation trading model, was committed to raising students’ awareness on the...

QIB named the ‘Best Islamic Financial Institution in GCC’ by Global Fi

(Gulf Times - 3/23/2017 7:43:00 AM)

Qatar Islamic Bank (QIB), Qatar’s leading Shariah-principled lender, has been named ‘Best Islamic Financial Institution in Qatar and the Gulf Cooperation Council (GCC)’ by the US-based Global Finance magazine for 2017. These awards recognise the...

Qatar-UK Forum to focus 'beyond real estate'

(The Peninsula - 3/23/2017 7:37:00 AM)

The high-profile Qatar-UK Business & Investment Forum, scheduled to be held in London and Birmingham next week, will provide a significant platform to further the important trade and investment relationship between both the countries. The event is set...

Ooredoo takes lead in cloud and data services

(The Peninsula - 3/23/2017 7:35:00 AM)

Ooredoo is emerging as a leader in cloud and data centre services offering a range of cloud based security, storage, hosting and managed services. The Group added 22 million new customers to reach a total of 138 million customers by the end of year 2016,...

Jabal Omar to sell key Makkah real estate assets for $1.6bn

(Trade Arabia - 3/23/2017 7:29:00 AM)

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a shopping...

Global equities retreat in sell-off

(The National - 3/23/2017 7:15:00 AM)

Shares in the Arabian Gulf retreated in line with a global equities sell-off, on investor doubts over the prospects of president Donald Trump’s pro-business policies. Stocks across Asia and Europe fell after the S&P fell 1.2 per cent on Tuesday, the...

Traders may resort to bargain buying in case of correction

(Gulfnews - 3/23/2017 7:08:00 AM)

In case of a correction, local stock market traders could resort to bargain buying. The Dubai Financial Market General Index has been on a losing streak, and has shed nearly 5 per cent in the past one month. “We are still positive on the overall...

UK economy growing solidly despite inflation hit — BoE report

(Gulfnews - 3/23/2017 7:07:00 AM)

Britain’s economy looks set to defy a slowdown again this year as the country moves closer to leaving the European Union, with the hit to shoppers from surging inflation partly offset by more investment and exports, a Bank of England report suggested....