Market Current Level Change
Saudi Stock Exchange 7,263.75 10.23 (0.14%)
Dubai Financial Market 3,624.85 13.63 (0.38%)
Abu Dhabi Stock Exchange 4,487.41 13.34 (0.30%)
Kuwait Stock Exchange 6,922.48 -9.53 (-0.14%)
Bahrain Stock Exchange 1,305.25 -2.40 (-0.18%)
Muscat Securities Market 4,955.27 -17.03 (-0.34%)
Qatar Exchange 9,053.60 -11.74 (-0.13%)
GulfBase GCC Index 4,338.70 2.92 (0.07%)
Alba Line 6 project achieves 2m man-hours without LTI

(Trade Arabia - 8/23/2017 7:42:00 AM)

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has reached an outstanding safety milestone with the Line 6 Expansion Project achieving 2,080,693 safe man-hours without lost time injury (LTI) on July 31. This achievent by the...

Major Saudi-China investment forum set in Jeddah

(Trade Arabia - 8/23/2017 7:41:00 AM)

Saudi Arabia's Ministry of Energy, Industry and Mineral Resources will hold a Saudi-Chinese investment forum titled "Belt and Road Initiative and Vision 2030, a Joint Vision for Cooperation and Prosperity" in Jeddah on Thursday. The forum, which...

Bahrain medical insurance grows 19pc in 2016

(Trade Arabia - 8/23/2017 7:40:00 AM)

Bahrain’s medical insurance led the sector growth at 19 per cent in 2016 reaching BD62.11 million ($163 million) from BD52.20 million in 2015, representing almost 23 per cent of the total premiums during the year, the Central Bank said. The kingdom’s...

GCC corporate earnings to remain stable in 2017, report says

(The National - 8/23/2017 7:39:00 AM)

Corporate earnings of GCC-listed firms look stable this year, but political uncertainties and weaker economic growth in the backdrop of low oil prices have made it difficult to be bullish about the markets, according to a market report. The price of...

Saudi Arabia on track to diversify economy

(The National - 8/23/2017 7:37:00 AM)

The road to change is never easy. Though Saudi Arabia has hard work ahead, it has embarked on new initiatives and continues to widen the scope of existing plans to transform the kingdom’s economy away from its energy reliance towards a more diversified...

QIB signs QR1.6bn financing deal with AlJaber Engineering

(Gulf Times - 8/23/2017 5:51:00 AM)

Qatar Islamic Bank (QIB) has signed a QR1.6bn financing deal with AlJaber Engineering (JEC), which will support JEC’s current project to execute the design and construction of strategic food security facilities and warehouses at Hamad Port. The agreement...

Oman shares rise on strong investor buying

(Times of Oman - 8/23/2017 5:49:00 AM)

The MSM30 Index continued its brief recovery to close at 4,972.30 points, up 0.58 per cent. The MSM Sharia Index ended at 734.10 points, up 0.27 per cent. Al Anwar Holding was the most active in terms of volume while Omantel continued to be leader in...

Chinese group seeks crude from Oman, other GCC states for its planned

(Times of Oman - 8/23/2017 5:48:00 AM)

A Chinese group, which is planning to build a second major refinery in Duqm, is trying to negotiate with the oil and gas ministries of Oman and some other Gulf countries for securing crude oil for its proposed refinery. Apart from Oman, the Chinese group...

Commercial Bank wins best franchise award from Diners Club Internation

(The Peninsula - 8/23/2017 5:46:00 AM)

Commercial Bank yesterday announced that it has been awarded the ‘Best Small Franchise in Europe, Middle East and Africa’ by Diners Club International at an exclusive event in Switzerland attended by Diners Club franchise holders and Diners Club senior...

Marginal gain for QSE’s main index

(The Peninsula - 8/23/2017 5:44:00 AM)

Qatar Stock Exchange’s (QSE) main index almost remained stable registering a marginal gain of 0.16 points when the bourse closed trading at 9,065.34 points yesterday. The volume of shares traded increased to 6.73 million from 5.63 million on Monday and...