Market Current Level Change
Saudi Stock Exchange 7,525.22 19.60 (0.26%)
Dubai Financial Market 3,286.54 0.90 (0.03%)
Abu Dhabi Stock Exchange 4,579.60 -4.07 (-0.09%)
Kuwait Stock Exchange 6,756.54 55.23 (0.82%)
Bahrain Stock Exchange 1,351.81 0.15 (0.01%)
Muscat Securities Market 4,972.01 -15.36 (-0.31%)
Qatar Exchange 9,096.36 -22.65 (-0.25%)
GulfBase GCC Index 4,377.65 -0.77 (-0.02%)
BATELCO REPORTS STRONG REVENUE OF BD379.4M FOR THE FULL YEAR 2017

(Press Release - 2/21/2018 4:15:00 PM)

Batelco, the regional telecommunications group with operations across 14 countries, today announced a 3% increase in gross revenues, reaching BD379.4M (US$1,006.4M) for the full year 2017, as compared to BD367.1M (US$973.7M) in 2016. Organic gross...

Kingdom’s Vision 2030 treasure for the meeting industry in Saudi Arabia

(Saudi Gazette - 2/22/2018 8:48:00 AM)

The Kingdom has witnessed big improvements in the meetings industry, compared to previous years. It is an undeniable fact the role the Kingdom plays not only in the region but in the world politically, economically, technologically and on the...

New Islamic economy products unveiled in Dubai

(Saudi Gazette - 2/22/2018 8:47:00 AM)

Three new and unique solutions were launched in Dubai Wednesday at the 3rd Session: International Innovative Platform for Islamic Economy Products (IIPIEP 2018). The event, which was organized by Dubai Airport Freezone Authority (DAFZA) in cooperation...

IDB launches digital platform for sustainable development

(Arab News - 2/22/2018 8:46:00 AM)

The Islamic Development Bank (IDB) launched in the UK on Tuesday a digital platform called Engage, which will promote technological and scientific solutions to accelerate progress toward the UN’s sustainable development goals (SDGs).<br/><br/> Dr. Bandar...

Saudi Arabia’s Samba, Alawwal underline banking upturn

(Arab News - 2/22/2018 8:44:00 AM)

Saudi Arabian banks showed more evidence of improving results on Wednesday with stronger fourth-quarter performances from two of the kingdom’s larger lenders.<br/><br/> Of the seven main Saudi banks to report so far, all have posted higher profits for...

UAE’s AI Minister Visits ADNOC’s Artificial Intelligence and Big Data Centers

(Press Release - 2/22/2018 8:18:00 AM)

UAE Minister of State for Artificial Intelligence, H.E. Omar bin Sultan Al Olama has visited the Abu Dhabi National Oil Company’s (ADNOC) Panorama Digital Command Center and Thammama Subsurface Collaboration Center to see how the company is using big...

Full telecoms competition in the UAE inches closer after du launches nationwide TV service

(The National - 2/22/2018 8:10:00 AM)

Du has announced the availability of limited home internet and TV packages across the UAE, marking the beginning of full competition in the UAE’s telecoms space 11 years after the second operator first launched services.<br/><br/> The extension of du’s...

Ooredoo wins ‘Digital Service Assurance Innovator of the Year’ award

(Gulf Times - 2/22/2018 5:59:00 AM)

Ooredoo has won the ‘Digital Service Assurance Innovator of the Year’ award for the Middle East and North Africa region by global digital software leader BMC Software, highlighting Qatar Data Centre’s innovative digital transformation.<br/><br/> BMC is a...

Bearish trend continues on Muscat bourse

(Times of Oman - 2/22/2018 5:57:00 AM)

The MSM30 Index closed the session at 4,987.37 points, down by 0.26 per cent. The MSM Sharia Index declined by 0.19 per cent to close at 704.85 points. Galfar Engineering was the most active in terms of volume as well as turnover. Ahli Bank was the top...

Bahrain will go ahead with VAT, says finance minister

(Times of Oman - 2/22/2018 5:56:00 AM)

Bahrain will go ahead with imposing a value-added tax (VAT) to strengthen state finances, Minister of Finance Sheikh Ahmed bin Mohammed Al Khalifa said on Wednesday, after domestic political opposition slowed the plan.<br/><br/> "We'll be working with...