Market Current Level Change
Saudi Stock Exchange 8,490.75 85.66 (1.02%)
Dubai Financial Market 2,919.46 19.30 (0.67%)
Abu Dhabi Stock Exchange 4,747.09 50.89 (1.08%)
Kuwait Stock Exchange 5,238.95 34.52 (0.66%)
Bahrain Stock Exchange 1,351.87 8.03 (0.60%)
Muscat Securities Market 4,448.77 -8.00 (-0.18%)
Qatar Exchange 9,439.97 99.28 (1.06%)
GulfBase GCC Index 4,680.18 39.94 (0.86%)
Gulf automation industry on track for double digit growth

(Saudi Gazette - 7/16/2018 8:10:00 AM)

The Gulf region’s automation industry is on track for double digit growth over the next five years, as recovering oil prices and government economic diversification plans boost demand for industrial and building automation technologies, according to new...

UAE banks continue to perform well, with higher profitability

(Saudi Gazette - 7/16/2018 8:08:00 AM)

UAE banks continue to perform well, with higher levels of profitability, and liquidity is expected to remain healthy for the remainder of 2018, leading global professional services firm Alvarez & Marsal (A&M) on Sunday said in its latest UAE Banking...

Some US manufacturers feeling China trade war pinch

(Arab News - 7/16/2018 8:04:00 AM)

Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but most companies report no change, according to a survey released Monday.<br/><br/> The National Association...

UNB's Q2 net profit slides 18% as impairment charges rise

(The National - 7/16/2018 8:01:00 AM)

Abu Dhabi’s Union National Bank on Sunday reported an 18 per cent year-on-year drop in its second-quarter net profit as impairment charges climbed, while non-interest income fell.<br/><br/> Net profit attributable to equity holders in the three months to...

QSE settles in positive terrain despite bear run on 6 sectors

(Gulf Times - 7/16/2018 7:58:00 AM)

The Qatar Stock Exchange saw six of the seven sectors under bearish spell, yet it settled in the positive terrain on Sunday. Both domestic funds and local retail investors were increasingly net buyers as the 20-stock Qatar Index gained 0.24% to 9,340.69...

Qatar inflation expands 0.4% m-o-m in May 2018

(Gulf Times - 7/16/2018 7:57:00 AM)

Qatar's cost of living, based on consumer prices index (CPI), expanded 0.4% in May 2018 compared to the previous month, owing to higher expenses, particularly towards transportation, food, clothing, recreation and furniture, according to official...

Euro’s lockstep dance with pound may end as dollar reign fades

(Gulf Times - 7/16/2018 7:56:00 AM)

The euro has been moving in lockstep with the pound for months amid a dominant strong-dollar theme. That may be about to change. This summer may see the greenback’s influence wane on the euro-sterling pair, which could start responding more to UK...

Oman share index ends higher

(Times of Oman - 7/16/2018 7:54:00 AM)

Earnings announcements lifted the MSM30 Index, which gained 0.36 per cent to close at 4,456.76 points. MSM Sharia Index ended lower at 634.74 points, down 0.06 per cent. Al Madina Takaful was the most active in terms of volume as well as turnover....

Bank Muscat's net profit rises to OMR89.7mn

(Times of Oman - 7/16/2018 7:53:00 AM)

Bank Muscat, the Sultanate’s flagship financial institution, posted a net profit of OMR89.70 million for the six-month period ending June 30, 2018, an increase of 6.4 per cent from the OMR84.31 million reported during the same period in 2017.<br/><br/>...

Aggressive buying seen in insurance shares on DFM

(Gulf News - 7/16/2018 7:33:00 AM)

Traders resorted to aggressive buying in insurance shares as Dar Al Takaful hit an upper circuit for the second day in a row amid positive moves on the Dubai index.<br/><br/> Dar Al Takaful closed nearly 15 per cent higher at Dh0.885, bringing total...