Market Current Level Change
Saudi Stock Exchange 5,877.08 -5.36 (-0.09%)
Dubai Financial Market 3,304.20 -32.56 (-0.98%)
Abu Dhabi Stock Exchange 4,265.83 1.39 (0.03%)
Kuwait Stock Exchange 5,403.70 14.69 (0.27%)
Bahrain Stock Exchange 1,144.89 1.41 (0.12%)
Muscat Securities Market 5,513.70 -9.16 (-0.17%)
Qatar Exchange 10,362.69 -41.50 (-0.40%)
GulfBase GCC Index 3,909.22 27.10 (0.70%)
Business sentiment positive in GCC, says survey

(Oman Daily Observer - 10/26/2016 7:29:00 AM)

Business sentiment across the GCC remains broadly positive, despite the current challenging economic climate. This is suggested in a first-time survey of CEOs undertaken by the global publishing, research and consultancy firm Oxford Business Group (OBG)....

Muscat shares fall on local selling

(Times of Oman - 10/26/2016 7:29:00 AM)

Local selling in industrials dropped the MSM30 Index by 0.16 per cent to close at 5,522.86 points. The MSM Sharia Index closed at 844.67 points, down by 0.46 per cent. Galfar Engineering was the most active in terms of volume, while Oman Cables led in...

QSE largely flat despite strong selling in consumer goods, transport,

(Gulf Times - 10/26/2016 6:04:00 AM)

The Qatar Stock Exchange was largely flat yesterday despite strong selling in consumer goods, transport and industrials counters. Foreign institutions and individuals turned net profit takers and there was increased net selling by local retail investors,...

Barwa Real Estate’s issued capital to be more than QR3.89bn

(Gulf Times - 10/26/2016 5:59:00 AM)

Barwa Real Estate Company’s issued capital will now be more than QR3.89bn, comprising 389.12mn shares of QR10 each. A decision to this effect was arrived yesterday after certain amendments to its Articles of Association (AoA) was made at an extraordinary...

IEA: Output cut will rebalance oil market

(The Peninsula - 10/26/2016 5:56:00 AM)

The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet next month, the International Energy Agency chief said yesterday. Under current conditions, the IEA expects...

Qatar First Bank receives ‘Best Up-and-Coming Islamic Financial Inst.

(The Peninsula - 10/26/2016 5:54:00 AM)

Qatar First Bank (QFB), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), along with leading financial authority figures from Qatar, GCC and international banks, has participated at the annual meetings of each...

FDI in GCC countries reaches $431bn in 2015

(The Peninsula - 10/26/2016 5:51:00 AM)

Foreign Direct Investments (FDIs) in GCC countries have increased manifold in the last 15 years. The FDI in the region has increased from $30bn in 2000 to $431bn in 2015, said Abdulaziz bin Hamad Al Ageel (pictured), Secretary General, The Gulf...

Maritime sector contributes $7.32bn to Dubai GDP

(Trade Arabia - 10/26/2016 5:48:00 AM)

The maritime sector significantly improved its contributions to Dubai’s GDP in 2015, accounting for Dh26.9 billion ($7.32 billion) or seven per cent of the total, according to latest figures. Shipping had the largest share, followed by ports, maritime...

Qatar UDC revenues soar to $356m in Q3

(Trade Arabia - 10/26/2016 5:46:00 AM)

Qatar-based United Development Company (UDC) said its revenues surged to QR1.3 billion ($356 million) in the third quarter, up seven per cent over the same period last year despite the overall challenges affecting the real estate market. Announcing the...

Oman to start work on $1.3bn waterfront project in 2017

(Trade Arabia - 10/26/2016 5:45:00 AM)

Oman Tourism Development Company (Omran) said it is set to start work on its ambitious RO500-million ($1.3 billion) Mina Sultan Qaboos Waterfront Project next year. Aimed at transforming Port Sultan Qaboos into a major tourism-based mixed-use waterfront...