Market Current Level Change
Saudi Stock Exchange 7,093.21 17.49 (0.25%)
Dubai Financial Market 3,365.89 10.49 (0.31%)
Abu Dhabi Stock Exchange 4,348.74 9.52 (0.22%)
Kuwait Stock Exchange 6,355.90 24.18 (0.38%)
Bahrain Stock Exchange 1,265.59 1.47 (0.12%)
Muscat Securities Market 5,075.84 14.05 (0.28%)
Qatar Exchange 8,211.94 5.07 (0.06%)
GulfBase GCC Index 4,164.95 10.20 (0.25%)
Khazanah, Saudi Aramco eye stake in Indonesia toll road builder

(Bloomberg - 12/18/2017 8:15:00 AM)

PT Waskita Karya, an Indonesian state-owned construction company, is in talks with a group of investors including Islamic Development Bank and Saudi Arabian Oil Co. to sell a stake in a unit that builds and operates toll roads. The consortium also...

Aramco welcomes Schlumberger plan to develop manufacturing center

(Saudi Gazette - 12/18/2017 7:56:00 AM)

Saudi Aramco has welcomed plans by Schlumberger to develop an industrial manufacturing center within the King Salman Energy Park in the Kingdom of Saudi Arabia. The announcement was made at a ground-breaking ceremony at the Park, where Schlumberger will...

KSYC, Badir Program foster innovation in entrepreneurs

(Saudi Gazette - 12/18/2017 7:44:00 AM)

King Salman Youth Center (KSYC), in a strategic partnership with Badir Program for Technology Incubators, kicked off on Sunday a 3-day interactive program to develop the culture of innovation in entrepreneurs for the advancement of their businesses....

Saudi state budget expected Tuesday

(Saudi Gazette - 12/18/2017 7:42:00 AM)

The Council of Ministers will have a special session on Tuesday to approve the State’s general budget for 2018, according to reports in a section of the Arabic press. The Cabinet will review the performance of the national economy and announce the actual...

Schlumberger to build land rigs at King Salman Energy Park

(Arab News - 12/18/2017 7:41:00 AM)

Schlumberger plans to develop an industrial manufacturing center within the King Salman Energy Park in Saudi Arabia. The oilfield services contractor made the disclosure at a ground-breaking ceremony at the site that is developed and operated by Saudi...

Emirates Development Bank pledges Dh450m of funding to SMEs for 2018

(The National - 12/18/2017 6:26:00 AM)

Emirates Development Bank (EDB) has allocated Dh450 million of its Dh1 billion budget for next year to support the country’s small-to-medium-sized enterprises (SME), as soft economic conditions continue to weigh on the segment. The UAE government lender,...

Kuwait seeks advisers for stock exchange stake sale

(The National - 12/18/2017 6:23:00 AM)

Kuwait’s market regulator is seeking advisers to help it sell a stake in the oil-rich state’s stock exchange, the region’s best performing market this year, joining a growing number of Arabian Gulf countries that are looking to privatise their equity...

Qatar manufacturing sector sees robust expansion in October

(Gulf Times - 12/18/2017 6:21:00 AM)

Qatar's manufacturing sector witnessed robust expansion both on monthly and yearly basis this October mainly on the back of increased production of cement, beverages and chemicals, according to official estimates. Nevertheless, the country's Industrial...

Pound’s prospects to be shaped by ‘bones’ of Brexit trade talks

(Gulf Times - 12/18/2017 6:20:00 AM)

Pound traders are about to get their first insight into how the currency may fare in the next phase of the Brexit talks as negotiators move on to the potentially more complicated stage of discussing trade. Sterling may be vulnerable as UK Prime Minister...

Oman's share index recovers on better support

(Times of Oman - 12/18/2017 6:18:00 AM)

Oman’s benchmark MSM30 Index gained 0.28 per cent to end at 5,075.84 points. The MSM Sharia Index declined 0.09 per cent to close at 708.16 points. Due to a special deal, Bank Muscat was the most active in terms of both volume and turnover. Sunday’s top...